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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Mike Johnston who wrote (88164)10/31/2007 7:29:56 PM
From: Cogito Ergo Sum  Read Replies (1) of 110194
 
I used a CMHC loan (Canadian GSE) to buy my first home in Toronto 21 years ago. I'm in my second home now which I didn't need that help with and have been mortgage free about two years .. took 11 years to pay it off..

Can you blame the government for the most powerful forces on the face of the earth ? Human greed and stupidity ? By taking away these GSEs you are again asking the government to protect people from themselves and hardworking folks that just need a hand will suffer.

I only mention this in case you infer that these agencies should not exist.. instead of being properly policed..

blackie
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