Letter: She sees economic bailout as privileges vs. rights | Pierce County Herald
Sections

Weather Forecast

Close
Advertisement

Letter: She sees economic bailout as privileges vs. rights

Email News Alerts

TO THE EDITOR:

Much of the economic mess that led to the $700 billion bailout was caused by the Clinton administration's initiative that homeownership should be available to everyone, including low income people and those with poor credit ratings.

Advertisement

In 1999, the New York Times published a prophetic article, "Fannie Mae Eases Credit to Aid Mortgage Lending," which predicted the downfall of Fannie Mae.

Get the full story
Subscribe or Log In

Advertisement
Advertisement