OK, we've all heard it. How President Obama inherited this problem or that problem. Some of the stories are true, btw.
DEJA VU? - Nealz Nuze on boortz.com
Take the disaster at the golddust twin quasi-government agencies, Freddie Mac and Fannie Mae. Remember them? They were the first dominos of corrupt government tampering in our mortgage industry that started the whole financial meltdown.
It would appear that starting clear back during the Clinton Era, extending right through the Bush era, they were corrupt ponzi schemes operated with and by the Federal government. Sure, when it finally became apparent there was a deep problem there, the Democrats (go figure) circled the wagons around the ex-Clintonistas running the show and blocked any real salvage operation until we had destroyed the planetary banking system, but yes, Mr. Obama inherited this mess (though truth to tell, as a US Senator and one of the lawyers who successfully set the stage for the sub-prime debacle, his own hands are less than clean)...
So what is being done about this group of dastardly villains that did SO MUCH damage to so many of us?
LOL, they are being maneuvered right back into doing EXACTLY what got us into trouble to start with!
As Neal says:
[quote] Government does not learn from mistakes. Government and politicians profit from mistakes. Yet another difference between the government and the private sector. [quote]
President Obama and Freddie and Fannie 
