This is a short video that explains the relationship of the left and the management of the Government Sponsored Entities Fannie Mae and Freddie Mac. It also discusses John McCain's crystal ball like foresight into what would happen if changes to the regulations in the GSEs were not made he predicted failure more than 2 years ago of Fannie Mae and Freddie Mac. Watch it.
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4 comments:
So why are Freddie and Fannie dishing out money to the top democrats? Now what?
Okay, I'm glad there's people like you that know how to find what we need to know in order to be somewhat informed. Thanks. Amy Jo
Chris Dodd and Barney Frank have allowed their cronies from the Clinton administration (and top Obama advisers) to cook the books for years and blocked any legislation for reform of the two GSEs. All the while the left was pushing for looser loaning practices and larger loans. This is causing the domino effect on wall street and I am afraid that this is only the tip of the iceberg. We need to see some politicians jailed over this.
Amen brother!
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