There is talk in Olympia of the need for a state bank, or State Bank perhaps is more accurate.
The state would bank and invest its own money, and then they could offer low-interest loans to citizens who have difficulty getting conventional loans.
HELLO? Ever heard of Fannie Mae and Freddie Mac? I don't think they had much luck with the same principle...and trust them, they tried it on a very large scale.
Leave it to our liberal legislators to come up with an idea that has tried and failed and call it a new solution...
Sign me,
A Lonely Conservative Living in a Blue State
No comments:
Post a Comment