Sunday, July 31, 2011

Bob Beauprez: Eric Holder's Newest Witch Hunt

source: http://finance.townhall.com/columnists/bobbeauprez/2011/07/31/eric_holders_newest_witch_hunt

Lowering qualifications and requirements on subprime mortgages is exactly what caused the financial, Fannie Mae/Freddie Mac, and housing market foreclosure meltdown in the first place. Now Holder wants to make the same mistake again and force lenders to lower their qualifications and requirements for loans? This is insanity. Doing the same thing over again and expecting a different result.

There is no one in this administration that knows what they are doing. Obama can really pick appointees. Not one of his appointees has performed acceptably since the start of this administration.