congress and the president are toxic assets. amazing that no one votes anyone out of congress.
here's yet another reason obama is an idiot.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aEt0W9oKsEQc&refer=home
Stevens from 1999 through May 2005 managed the single- family mortgage business and sales force for McLean, Virginia- based Freddie Mac, which was seized by regulators in September as a rise in delinquencies on loans the company guarantees or owns eroded capital. He joined closely held Long & Foster of Chantilly, Virginia in 2006 to help run their mortgage lending businesses.
let me get this straight. we NEED to hire these people who created the housing bubble by creating loan vehicles for people with no verification of income, insufficient income and low/no money down loans to people who should be renting? these loans became standard loans that everyone used, even flippers as the bubble rationalized the loan as the "equity" increased at a pace beyond debt service.
you people who voted for obama are going to have hell to pay, and of course you will expect those who didn't vote for him to continue paying for your game of financial shell games. all because you think people who disagree with you need to "come together and be as one". what a joke.