Monday, August 30, 2010

Fannie and Freddie and housing meltdown

OBAMA’S Fannie and Freddie Amnesia. Yeah, you’d never know that government-controlled entities that provided lots of cushy jobs for ex-politicos played a crucial role in the mortgage meltdown . . . .

Plus this: “Writing in the Wall Street Journal, Wallison points out that in 2005 then-Senator Obama joined with his Democratic colleagues in stopping legislation that would have helped rein in the government-sponsored housing duo’s risky behavior.”

Posted at 2:53 pm by Glenn Reynolds http://pajamasmedia.com/instapundit/98034/


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