I've never denied that Fannie and Freddie played a role in the collapse of the "home mortgage industry" but maintained that it was not the reason that the industry came crashing down. There were the flippers, the re-fi folks, the lenders such as Countrywide and the banks and venture capitalists who provided loans to developers, construction loans etc. etc.<quoted text>
Here. How about Bill Clinton? Does he suit your fancy better?
“I think that the responsibility that the Democrats had may rest more in resisting any efforts by Republicans in the Congress, or by me when I was President, to put some standards and tighten up a little on Fannie Mae and Freddie Mac.”– Former President Bill Clinton (D-AR), September 25, 2008
You have proven that you're nowhere near knowledgeable enough about the topic to discuss it with any reason so ef off.