Saturday, March 14, 2009

Fannie Mae/Freddie Mac a "cash cow" for directors

Anyone who's interested in the Fannie Mae/Freddie Mac debacle, here's a video of congressional hearings -- from 2004 -- on proposed regulations:

http://www.youtube.com/watch?v=_MGT_cSi7Rs

So the next time you hear our dauntless prez and his cohorts whining over having to fix the mess they "inherited," please remember -- they're still dealing with the blockheads in congress who created it.

And remember, too, we get to re-elect members of the House of Reps every two years.

Now might be a good time to start campaigning against the most arrogant and least competent clods who sponge off taxpayer dollars and do nothing but cause us grief.

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