Over and over again, Republicans tried to rein in the politically correct policies being foisted on mortgage lenders by Fannie Mae, only to be met by a Praetorian Guard of Democrats howling that Republicans hated the poor...
Obama's own Federal Housing Finance Agency reported recently that by 2014, Freddie and Fannie will cost taxpayers between $221 billion to $363 billion.
Ann Coulter's review of the Freddie/Fannie debacle should be must-reading for every Democrat friend you have. And, if they won't read it -- you should! And then, in gentle conversation, share with them a few of the most salient facts.
No kidding; this is an excellent column.