I posted a link to a story about the Obama administration fining Bank of America for racial discrimination. Today, Reuters reports:

The Fed, in a paper sent to lawmakers on Wednesday, outlined an array of steps that could be taken to help the housing sector, including allowing Fannie and Freddie to provide cheaper mortgages to a broader pool of homeowners…LINK

Did Washington learn nothing from the housing collapse or is the fed filled with bankers looking out for their own? Either scenario is a good argument for less government power…not more. The solution: Anybody buy Obama.

 

 

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