Obama to Urge Congress to Shutter Fannie, Freddie
Newsmax Tuesday, 06 Aug 2013 07:32 AM
Buoyed by an improving housing market, President Barack Obama on Tuesday proposed a broad overhaul of the nation’s mortgage finance system, including winding down government-backed Fannie Mae and Freddie Mac. He declared that taxpayers should never again be left “holding the bag” for the mortgage giants’ bad bets.
Fannie May, Freddie Mac, they must go,
Sarah Palin proposed long ago.
But the press was not kind;
She is out of her mind.
Now Obama is eating the crow.