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When They Say "?Fannie Mae/Freddie Mac', They Mean "?Brown People'

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Amanda Lang

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As the economy worsens and Election Day approaches, a conservative campaign that blames the global financial crisis on a govt push to make housing more affordable to lower-class Americans has taken off on talk radio and e-mail. Commentators say that's what triggered the stock market meltdown and the freeze on credit...contending that lending to poor and minority Americans caused Fannie's and Freddie's financial problems.

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OpedNews volunteer from 2005 to 2013.

Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.

Related Topic(s): Banking Crisis; Credit Crisis; Economic Crisis; Fannie Mae; Freddie Mac; Housing Crisis; John McCain; McCain Campaign; McCain-John; Meltdown; (more...) Meltdown; Mortgage Crisis; Party Machine Republican; They Stray You Pay, Add Tags (less...)

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