[detective]

This was done at the same time politicians such as Barney Frank, Maxine Waters and others were blocking independent investigations of Fannie and Freddie and proclaiming that Fannie and Freddie were doing an excellent job. And higher level bureaucrats at Fannie and Freddie were getting multimillion dollar bonuses. And Senator Barack Obama was accepting huge cash contributions from Fannie.

Another government “public servant” (Paulson) was telling his friends at Goldman Sachs, etc. that Fannie Mae would go bankrupt.

And after being lied to and kept in the dark, the American taxpayers are now stuck with losses in the $100’s of millions from Fannie Mae and Freddie Mac.

[detective]

Millions in the last sentence should read billions.

And after being lied to and kept in the dark, the American taxpayers are now stuck with losses in the $100’s of billions from Fannie Mae and Freddie Mac.