Bill O’Reilly is right on the money in his accusations toward Frank and gang. I wrote emails to Mr. Frank in 2007 when they were increasing portfolios sizes and maximum mortgage limits of freddie and fannie begging and pleading to consider that the loans they were doing were trash and it would only make the problem worse. I’m a single mom sitting in a cubicle in a small company. If I could see it, why can’t the people in charge? Maybe because fannie and freddie weren’t giving me large donations to make me think otherwise.
And investment advice from Jim Cramer??? Uhh……no thanks. I would recommend checking his record before making portfolio changes based on his wisdom.