Obama agrees with Sarah Palin to shut down Fannie May and Freddie Mac. A Limerick.

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.




Published by


Retired engineer, graduated from Chalmers Technical University a long time ago with a degree in Technical Physics. Career in Aerospace, Analytical Chemistry, computer chip manufacturing and finally adjunct faculty at Pennsylvania State University, taught just one course in Computer Engineering, the Capstone Course.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.