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Archive for August 1st, 2013

Quote of the Day

Thursday, August 1st, 2013

“A liberal would star at you slack-jawed if you explained that the federal government, via Fannie Mae, Freddy Mac, and the Department of Housing and Urban Development, forced politically correct lending policies on the banks — policies that were attacked by Republicans but ferociously defended by Democrats–and that banks’ suicidal loans were then bundled into mortgage-backed securities and dispersed throughout the entire financial system, which poisoned the economy, bringing down powerful institutions, such as Lehman Brothers, and destroying innumerable families’ financial portfolios.”

— Ann Coulter, Demonic