Federal Reserve Chairman Alan Greenspan announced yesterday that he plans to introduce legislature to cut Fanny Mae mortgage loan programs. This is a disturbing warning sign to African Americans. African Americans are the largest reccipients of Fanny Mae home mortgage programs. I've stated before that home ownership is the first step to economic independence for African Americans. Black home ownership is the best source for self-sufficiency. And now the government will take steps to sever this precious resource. The more things change the more they stay the same. This issue should be watched closely as events begin to unfold. We should not regard this subject lightly. Our first response should be to contact elected officials. Secondly, mobilize our Black churches, businesses, intellectuals etc. to lobby against measures that would resend Fanny Mae programs. Let's hear some feedback. Peace!