Quote:
Originally Posted by LazyHippy
Belief is a dangerous thing. It's way to final, hard to change your beliefs when you learn new facts that contradict them
|
You've seen Dogma one too many times. So have I, because we totally agree there. There's always a reason to change your mind if the facts change, new ones are presented or become clearer to you. Beliefs are much more tricky to change than ideas.
You are however wrong about the FANNIE/FREDDIE thing. That was very much a democrat's project cooked up by democrats for the poor people (more democrats) who can't afford homes to be able to purchase them.
Let me repeat that one more time. These people could not afford houses and the democrats pushed this system through (under Clinton, a democrat) that said ... ooh give them the house, we've got their back. Then, what a surprise, they couldn't pay and foreclosures are causing the housing bubble to burst.
It's biting us in the ass right about now and quite possibly is the straw that is breaking our economy's back (though it's not the only cause).