and fanny were going bankrupt. >> sure. >> sean: we played the tape on this program. the whole community reinvestment act this notion that everybody should own a home whether they can afford it or not. the government forces banks and financial institutions to lower their standards and what a shock people can't pay their mortgage anymore. >> you are really wrong on this one. the government wanted to encourage people to own property. >> sean: that's what barney frank said. >> wanted to encourage people to observe properties. i think it's a good goal. the mistakes were made by the likes of fanny and freddie and the banks and wall street who saw they could make profits by giving mortgages to people who couldn't afford them. the -- absolutely corrupt. >> juan, i love you but you are wrong. listen, on my radio show a lady called me one day she made 49,000 bucks a year. she bought three condominiums with no money down in las vegas. she called up and said how can i get out of this? i'm going to lose all my money. >> she is crazy. that's one of the people flipping properties. they should have no protection. get them out of here.