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Issa: Financial Reform Bills Don’t Touch Biggest Problem…Reckless Government Mortgages


Ranking Member Issa, tapped to represent the House Republicans in the House-Senate financial reform conference session, points out the glaring flaw in both bills: neither addresses the underlying problem of reckless, government-backed mortgage lending. That’s what caused the crisis and the Democrat authors of the bills (in the pocket of Fannie Mae and Freddie Mac) don’t get it. 6-10-10: Oversight Productions

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By wealth
July 5, 2010

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  1. beancube2010 said
    on July 5, 2010

    The government in this country for low-income population, when you set the maximum rent and housing prices in synchronization with the unemployment rate? Bond options do? Short sale price is still high out of the bank. Even people who are doing their best, they are still close to bankruptcy and foreclosure are hard pressed to slow the trend of house prices and massive layoffs. Free-market capitalism and technology is why I need access to more consumers?