Wacky Wednesday Wrap-Up: The Fools Behind Fannie and Freddie’s Foul-Up

Ladies and Gentlemen, may I submit to you the names of the fools that created the necessity for the Fannie Mae and Freddie Mac taxpayer bailouts.

Motley Fool: The People Responsible for Fannie Mae and Freddie Mac 

Name by name:

Franklin Raines – Democrat – Liberal – Harvard Grad – Carter and Clinton Administration official who made millions as CEO of Fannie Mae. Source: http://en.wikipedia.org/wiki/Franklin_Raines 

J. Timothy Howard – Complicit with Raines. Source: http://en.wikipedia.org/wiki/Franklin_Raineshttp://en.wikipedia.org/wiki/Fannie_Maehttp://www.cfo.com/article.cfm/3598464?f=blog 

Barney Frank – Democrat – Liberal – Harvard Grad – Massachusetts 4th District Representative since 1981 – Chairman of the House Financial Services Committee. Source: http://en.wikipedia.org/wiki/Barney_Frankhttp://www.usnews.com/blogs/sam-dealey/2008/9/10/barney-franks-fannie-and-freddie-muddle.html 

Angelo Mozilo – Liberal – Fordham Grad – Former CEO of Countrywide Financial. Gave financial favors to Chairman of the Senate Banking Committee Chairman Christopher Dodd (D-CT) and Fannie Mae former CEO Jim Johnson (Democratic Party figure, campaign manager, and aide to Obama-Biden ’08) . Source: http://en.wikipedia.org/wiki/Angelo_Mozilo ; http://en.wikipedia.org/wiki/James_A._Johnson_(businessman) 

Alan Greenspan – (Libertarian) Republican – Fiscal Conservative – NYU and Columbia Grad – Former Chairman of the Federal Reserve who engineered the housing bubble and admitted they saw the risk indicators after it was too late because the balance sheets were so hedged valuation was difficult to ascertain. Source: http://en.wikipedia.org/wiki/Alan_Greenspan 

Can someone explain to me why everyone responsible for this trainwreck taxpayer government bailout is the result of Democratic party members and their liberal friends? Fannie Mae and Countrywide CEOs, the Senate Banking and House Financial Services Chairmen. All friends, all liberals, all for getting rich and increasing government control.

Now you know why Barack Obama has received more donations from Fannie and Freddie in 3 years than any candidate in the history of the organizations. He is no different. He is just like them. And now we have been forced into the greatest state takeover of property in the history of the world!

The top four individuals in this article are all involved in a big, liberal, Democratic love-fest where their power and poor ethics have corrupted the nation’s economy. 

Are they entirely to blame? Absolutely not, both Republicans and Democrats are to blame for not speaking up sooner. However it is odd that the top four individuals in this expensive government charade are all liberal Democrats.

The good old boys network got rich while the average American is now paying the bill. It’s time to clean house. It’s time to put Country First, not the individual elitist, that’s real change in American politics. As Obama’s message has been touting, voting for him is also just “four more years of failed policy”.

McCain-Palin ’08. Country First.

My name is Mike Parrish and I approve of this message!


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