Over the past decade, Fannie Mae and Freddie Mac transformed themselves into some of the worst-run companies in recent history. But contrary to current talking points, the firms’ failings had almost nothing to do with their programs for low-income borrowers. As policymakers debate what should be done with the mortgage giants, a battle is now beginning in which the very availability of affordable housing for the middle class may be at stake.
|By: TheMediaConsortium Tuesday August 24, 2010 8:36 am|
|By: libbyliberal Sunday December 6, 2009 9:47 am|
The Real Situation
Right now some of our senators are meeting and trying to hammer out a health care reform bill the President has promised will be completed by Christmas.
The probable bill will not seriously expand the health care benefits of American citizens as much as it will significantly enhance the profit-making of the corporations, mega-corporations, that have been contributing millions of dollars to our representatives in both the House and the Senate, and also to the President.