Blame Fannie Mae and Congress

[Hap]

at 11:30 mountain time, i read the headline on CBS' website that the house as agreed to the bailout in principle.  Whatever that means.  I'm going to use my vote to vote against every incumbent in both houses of congress that's on my ballot.

[Carrel]

What was truly funny was the author trying to explain deregulation is a "good" thing. I'm still paying for the Republican deregulation of energy which caused the Enron scandal.

[LePaul]

Wow, the stereotypes are flying!

Let's see, Barney Frank and his party wouldn't allow for any oversight of the subprime mortgages, which convinced thousands who couldnt afford a home...they could.  This is the same party which a member declared a bank was due to go bust, and cost the taxpayers over a billion dollars after a run on the bank occurred.

So when the much slammed Republicans try to fix an obvious problem, the Dems cut and run and try faulting them for it all.

It would be almost funny if the cleverness wasn't so transparent.

[john9001]

Barney Frank should go to jail. Two years ago Frank said fanny and freddy were not in trouble, well fanny is pregnant and freddy has skipped town with your money.

[Donzo]

It's interesting to see what Fannie and Freddie have poured some money into:

http://pfds.opensecrets.org/092408.html

Top Recipients of Fannie Mae and Freddie Mac
Campaign Contributions, 1989-2008



Name Office Party/State Total
1. Dodd, Christopher J S D-CT $133,900
 
2. Kerry, John S D-MA $111,000
 
3. Obama, Barack S D-IL $105,849
 
4. Clinton, Hillary S D-NY $75,550
 
5. Kanjorski, Paul E H D-PA $65,500
 
6. Bennett, Robert F S R-UT $61,499
 
7. Johnson, Tim S D-SD $61,000
 
8. Conrad, Kent S D-ND $58,991
 
9. Davis, Tom H R-VA $55,499
 
10. Bond, Christopher S 'Kit' S R-MO $55,400
 
11. Bachus, Spencer H R-AL $55,300
 
12. Shelby, Richard C S R-AL $55,000
 
13. Emanuel, Rahm H D-IL $51,750
 
14. Reed, Jack S D-RI $50,750
 
15. Carper, Tom S D-DE $44,389
 
16. Frank, Barney H D-MA $40,100
 
17. Maloney, Carolyn B H D-NY $38,750
 
18. Bean, Melissa H D-IL $37,249
 
19. Blunt, Roy H R-MO $36,500
 
20. Pryce, Deborah H R-OH $34,750
 
21. Miller, Gary H R-CA $33,000
 
22. Pelosi, Nancy H D-CA $32,750
 
23. Reynolds, Tom H R-NY $32,700
 
24. Hoyer, Steny H H D-MD $30,500
 
25. Hooley, Darlene H D-OR $28,750
 

[Toad]

Hey, Nwbie...

See that big key over on the right? The one that says "ENTER"? If you'll use it after typing a few sentences, type a few more, use it again, rinse/repeat....

You can avoid posting a WALL OF TEXT that most people tend to skip over.

But hey.... if you don't want people to read what you post, just keep doing it like you do it now.

[Nwbie]

Hey, Nwbie...

See that big key over on the right? The one that says "ENTER"? If you'll use it after typing a few sentences, type a few more, use it again, rinse/repeat....

You can avoid posting a WALL OF TEXT that most people tend to skip over.

But hey.... if you don't want people to read what you post, just keep doing it like you do it now.

Hey Toad
Don't read it..
Remain as you are

Here is an interesting article if anyone wants to see the reality of the situation, and someone who actually has something to add.
Toad don't bother, it is long and doesn't have crayon drawings in it
http://www.bloomberg.com/apps/news?pid=20601109&sid=ap7qgkf2KaKE