Monday, September 29, 2008

Fannie & Freddie

After watching the Republicans and Democrats on TV about the vote for the bailout it is very sad. For Nancy to blame the Republicans for this problem is just a joke and not accurate. I am sure all parties need to take some heat but to pick on one party isn't honest.

If I remember correctly, Republicans tried to pass some regulations that would have created more oversight for Fannie/Freddie and the Democrats felt it wasn't needed. Democrat after Democrat spoke up for Fannie/Freddie stating how wonderful they are and well run. Now we know better and We the People pay.

Check the facts and see who said what and when about Fannie/Freddie. Where do the leaders of those companies work now? Not sure but they are advisers for the Messiah Barack H. Obama.

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