Topic: Democrat Watch
The Democrats are to blame for the current financial crisis by creating Fannie Mae and Freddie Mac in order to continue to build a constituency of dependent, ingratiated, and usually ignorant voters. They have threatened, extorted, and badgered loan institutions to give home loans to people who cannot afford them, including illegal aliens and persons with no verifiable employment. Otherwise, institutions were accused of "redlining" (read: racism). Meanwhile, Fannie and Freddie have been used to funnel contributions to political candidates, especially Democrats, including (in descending order of dollar amount) Christopher Dodd, John Kerry, Barack Obama, and Hillary Clinton (not neglecting Barney Frank and Nancy Pelosi).
Posted by hughes at 1:52 PM CDT