^It's not Freedie Maie and Mac, it's FANNIE MAE & FREDDIE MAC, you retard! And they weren't "a portion of the loans", they're the backed by the Feds to guaruntee the loans.
Typical liberal = an uneducated moron that doesn't know the first thing about what he's talking about, but just regurgitates the horse shit he hears off MSNBC.
Hoover nor Bush were "supply siders"...do you even know what that means?
Barney Frank & Maxine Waters, democrats in the House, forced through regulation when Democrats took over 5 years ago that forced Mac & Mae to back bad loans to low income borrowers, causing banks to go bust and causing this financial mess. THOSE ARE THE FACTS....try reading a history book and listening something that you don't agree with for a change...then you may not sound like such a fucking imbecile.
....talk about brainwashing? Sheesh!!