News Ticker

Wednesday, September 17, 2008

Fannie and Freddie - who's really to blame?

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.

4 comments:

Jenny said...

So why are Freddie and Fannie dishing out money to the top democrats? Now what?

Schenewarks said...

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

ChefTom said...

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.

Becky said...

Amen brother!