Fannie Mae and Freddie Mac

Swift Kick to Fanny, Not Bail Out, Needed in Mortgage Crisis

By John Lillpop —— Bio and Archives--July 31, 2008

American Politics, News | Comments | Back To Full Article

President Bush solidified his liberal credentials on July 30 when he signed a billion dollar giveaway to irresponsible home buyers, greedy, bloodsucking lenders, and two private institutions, Fannie Mae and Freddie Mac, created by Congress to stabilize, rather than devastate, the home lending industry.

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