Fannie Mae-No Politics (FNMA)

[not one red cent ~NORC~]

Reminds me of Ross Perot in 1992 when he predicted 15 years from then, the country would be in trouble with the amount of jobs being sent overseas and across the southern boarder.

He said we would slowly recover after hourly wages equalize as the State's went down and the the other country's wages went up.

So the looney wacky Perot predicted:

2007-2008 economy would be wrecked (happened)
U.S. wages would go down (happened)
Other countries would argue & strike for higher wages (happening)
U.S. economy recovery (happening)

Just imagine if he knew banks were going to allow people making 40k annually to buy homes costing over 250k