When are the American people going to wake the f*** up? In the wake of the subprime mortgage debacle, who on Earth would loan to "first-time home buyers whose high rents left them strapped for cash" or borrowers "with strong current incomes but not a lot of savings"? Wells Fargo says it will--with a little help from the federal government. http://www.forbes.com/businessinthe...-congress-biz-beltway-cx_md_jz_0417loans.html
They government doesn't care what they lend, they know it will all be defaulted anyway when the next wave of immenent terror attacks over here set us back 10 years+. Just going through the motions.