Patientlywaiting, your’re right. I started to correct the word orgination. GSE’s don’t orginate anything. Thanks.
Its funny how all this started to accelerate right after they raised the limits on what the GSE’s could buy. Congress was pushing them to buy more and more. What’s also funny was in 2003 you had the idea of cutting them back, in 2007 you force them to expand and in 2008 you buy them.
Guys, this is why I am so anti government. We give them $3 Trillion a year to spend. After seeing how incompetent they are on big issues just imagine all the other stupid things they do. Can’t yall just imagine for a minute how much we must waste of that $3 Trillion? I bet GE could figure out a way to cut out half.
I really believe that the first challenge that a generation has is to do what it takes to make it better for the next generation. What we are doing is and for the first time in our history intentionally making it worst for the generation to come. So, in a way it would be appropriate for this to crash now and let this generation, the baby boomers who caused this, pay for it.
