Okay, I’ve been listening to our local radio stations featuring Glen Beck (860khz AM) and Rush Limbaugh (510khz AM) and there is a lot of facts about how the Democratic pretty much messed up ‘everything’, starting with the Clinton administration. They mentioned how Barack Obama and the Congressional Black Caucus know what they were getting into and right under the noses of their own people.
Below is a YouTube.com video about how the Democrats have been taking PAYOFFS from Freddie Mac and Fannie Mae for many years. These lenders allowed poor folks the opportunity of ‘living the American dream’ by owning houses that they cannot afford in the first place or pay back ever.
This is not fair that those honest hardworking people (like you and I) would end up paying for their losses in the form of taxes. The purpose of the government is to get revenue this way. There is not enough of able-bodied America citizens to ‘pay back’ China and cannot afford to bail-out these failed banks. Government and private sectors shouldn’t cross the lines. This is the truth.
By allowing deregulation to go unchecked, the greedy businesses and dishonest buyers had done the unthinkable. Here is a YouTube.com video entitled: Explosive Video, Fannie Mae CEO calling Obama and the Dems the “Family” and “Conscience” of Fannie Mae.
The Banking Failures are because of the Housing Crisis, which was caused by mortgage lenders handing out bad loans and the biggest offenders: Fannie Mae and Freddie Mac
The Democrats have been taking PAYOFFS from Fannie and Freddie to look the other way FOR DECADES!
NOW VIDEO FOUND of the CEO of Fannie Mae in 2005 explaining the “FAMILY” connection with Democrats
Copyright © 2008 by Fluffy von der Flynn. All rights reserved.
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