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Saturday, April 17, 2010

Obama, Financial Expert, Still Ignores Freddie, Fannie

Obama wants the power to liquidate any financial company he desires because he will see any crisis coming before it happens. And he seems to be wanting to scare up another crisis if that's what is necessary.

Of course, the two companies most responsible for this entire financial mess are Freddie Mac and Fannie Mae and Obama has no problem spending $300,000,000,000.00 (yes, it's a very large number) if it means getting his agenda implemented of bailing out his irresponsible cronies.

By the way, it must have been a mere coincidence that Goldman Sachs was slapped with SEC charges just prior to the Congressional debating of Obama's "financial reform" (read: Obama's Financial Bend Over Bill).