Thursday, July 24, 2008

Scariest sentence this morning

The White House, citing an urgent need to restore market confidence in the two mortgage giants, Fannie Mae and Freddie Mac, said President Bush would sign the measure despite his opposition to the inclusion of nearly $4 billion in grants for local governments to buy and refurbish foreclosed properties.

Why in the world could you oppose that?

Taken from the NY Times article on the Housing Bill

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