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Originally Posted by KevK
Isn't it the so-called "conservatives" that are always preaching that BS about "free enterprise" and "less regulation"?? I guess that when their friends at AIG, Fannie and Freddie get into trouble, that all goes out the window! But when American people fall on hard times through no fault of their own, to hell with them!
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Who's friends?
Obama *picked* two corrupt ex-CEOs of Fannie Mae on his campaign, Frank Raines and Jim Johnson. Johnson resigned when news about his Countrywide loan came out, and Raines agreed to a settlement payout of $3 million and forfeit of stock in Fannie Mae when he was ousted for lying about exaggerating profits to rake in bonuses.. he "made" over $100 million in his time there.
Both parties have screwed the taxpayers.