Department of the Treasury

Stop Fannie Mae/Freddie Mac from forcing banks to make bad loans

Much of our current poor economy is from the ill-advised practice of Fannie Mae and Freddie Mac forcing banks to make loans to people that are unlikely to be able to repay the mortgage. You think we'd learn from experience. But, there they are again doing the same thing that got our country and the world in trouble in the first place! Once was too much! Doing it again is stupidity personified! Talk about jeopardizing our whole economy and wasting money... The guilty should be exposed and fired, and maybe put in jail.

Tags

Voting

2 likes
Active
Idea No. 6831