Muscatine

Straight from the NY Tiimes 1999

http://www.nytimes.com/1999/09/30/business/fannie-mae-eases-credit-to-aid-mortgage-lending.html

"Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits."

The only proof we need to know and eductae ourselves on who started the financial mortgage mess across the nation is this sentnence from the article. And to think Clinton took credit for this back then...

Thanx Hiroad for this MOST valuable info to help our education process. We hear the politicos tell us that was when it began, but it is always better to have that article to reference. Thanx again!

Liberalism at its finest......