Chris Dodd - Taken Out of Context? Probably Not
LOONIES AT THE HELM.... Democrats Vote Down 5 Percent Rule How do people think we got in the mess we are in? In a bid to stem taxpayer losses for bad loans guaranteed by federal housing agencies Fanny Mae and Freddy Mac, Senator Bob Corker proposed that borrowers be required to make a 5% down payment in order to qualify.
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#1 Jun 17, 2010
The story is fictitious, originally published on a SATIRE site ( http://azconserv1.wordpress.com/2010/05/15/pr... ) and appears to be going viral -- making everyone who is inclined to believe it look both rather silly and gullible.
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