Good Riddance to Fannie & Freddie
Financial collapse of the housing mortgage market
By Alan Caruba —— Bio and Archives--February 20, 2011
American Politics, News | Comments | Back To Full Article
I have this theory that we, the adults, all function at the emotional level of 13-year-olds, the age of bar mitzvahs in which the young man can declare to the congregation, “Today I am a man.” (Insert laughter here)
They are, of course, not adults and must wait until the ancient age of 18 to vote and 21 to get plastered. At that age, one would think that getting a bank loan to purchase a home would be difficult. Until the housing bubble burst, it wasn’t.Welcome to CFP’s Comment Section!
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