Friday, January 07, 2011

Freddie & Fannie: The Democrats' Darlings Are the Nation's Scandal

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.