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redskinjim · 09-08-2008, 04:03 PM

yes they gave a mortgage to people who did not qualify.They lost a fortune what a shocker.Now the taxpayers take the hit. The govt is broke we have nothing left to sell even our houses are not worth crap. Back in the 80s we still had real estate that the japanese were buying up. Now we can only borrow.

09-08-2008, 04:03 PM	#12
redskinjim Special Teams Join Date: Jun 2008 Location: fresno ca Posts: 377	Re: US Government takes over mortgage giants yes they gave a mortgage to people who did not qualify.They lost a fortune what a shocker.Now the taxpayers take the hit. The govt is broke we have nothing left to sell even our houses are not worth crap. Back in the 80s we still had real estate that the japanese were buying up. Now we can only borrow.