Robert Kuttner: Don't Blame the Dream of Home Ownership
Posted on June 13th, 2010 in Scams | Comments Off
Fannie Mae, a corrupted agency, has become a handy all purpose scapegoat. The lack of a provision in the financial reform legislation to resolve the mess at Fannie has become the main alibi that Republican senators give for voting against the whole reform package. …. For the past quarter century, the same selfish forces the constructed credit default swaps and subprime mortgage scam have done everything in their power to destroy the labor movement in this country. …
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Robert Kuttner: Don't Blame the Dream of Home Ownership