Wednesday, July 08, 2009

Feds Caused the Mess

This should come as no surprise to anyone who is rational and logical. According to a congressional report just released, Fannie Mae and Freddie Mac were the chief culprits in the housing crisis because they encouraged people who could not afford payments to borrow money. Duh!

So, the fault, in large part, for our great mess falls to the Clinton administration and idiots like Barney Frank.

And now, those same idiots who caused the bottom to fall out of our economy have been tasked with fixing it. Bend over here it comes again.

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