Site for Free Markets and Free People

Thursday, November 12, 2009

Inspector General for Fannie, Freddie Remains Unfilled

Obama has yet to fill the vacant position of inspector general for Fannie Mae and Freddie Mac - likely because an independent IG would see all of unsound financial practices of the two government entities.

Think about it - if there's no inspector general, then the agencies can carry out Obama's political agenda without any repercussions. And that agenda is a de facto nationalization of the mortgage industry.