Fannie & Freddie Cornerstone Of Suprime Collapse

As has been documented on this blog many times, GSE Fannie and Freddie are the root of the subprime housing bubble and subsequent econ crash. 

Now Obama says he wants to get rid of them.

It boggles the mind that the Democrats are able to fool the public over what really happened to the economy and housing.

One day history will get it right and the 'black hats' revealed, but not till most of them will be long out of politics and even off the planet.  Remember the names behind the curtain, FDR, Lyndon Johnson, Jimmy Carter, Bill Clinton, Chris Dodd, Barney Frank, Harry Reid, Franklin Raines, Mario Cuomo and the Congressional Black Caucus.  All had a hand in the creation and the execution of the collapse of housing.

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