[outinyellowdogcountry]

There is another good peice written about this on The American Spectator online about Obama's two financial campaign advisor's that previously were in charge of this institution.

Unfortunately, none of this is as important as the Palin scandal du jour! Disgusting main stream media and their supporting cast of whores.

[Eric in the Ozarks]

More fingerprints left behind by Clintonistas.

[Redbob]

When will Barney Frank’s key role in enabling this corruption be addressed?

[Pontiac]

Fannie Mae has its roots in the New Deal, when it was established to increase the amount of money available for mortgages.

But Fannie Mae is not just any private institution. It is congressionally chartered, meaning its existence is established in law, it does not have to pay state and local income taxes, and it is not subject to bankruptcy laws.

Big advantage not having to pay taxes. But the Dims will fight tooth and nail to avoid putting private corporations on a even playing field with government corporations that compete with these government behemoths.

When I went shopping for a mortgage to buy my house I wanted to avoid getting a Fanny Mae loan on principle. But no private lender could come with in a point of Fanny’s interest rate.

And by the way; Someone’s going to jail, someone’s going to jail!

[milagro]

FREEPERS--this story, and the ugly truth in it--needs to be "taken to the streets". It just MUST be. I don't know how exactly this can be accomplished (and I am now going to pray--literally--that it WILL be), but it MUST BE DONE, for the sake of the health of our nation's economy, and us "everyday people" who are going to pay--again literally--for the greed and corruption of Democrat cronies like Raines.

This shows just how rotten things are in DC--and if enough of us can get REAL NEWS like this advanced--through the media or whatever outlets we can, with God's help, "bring Burnham Woods to Dunsinane"--and McCain/Palin to Washington!

[Buckhead]

That quote from the head of the *Auditing* office, fer Chrissakes, is absolutely stunning.

Class Action Securities litigation website here:

http://fanniemaelitigation.com/index.php

Class was certified in January of this year.

[red flanker]

If Mc-Palin become well briefed on this, they can pretty much paint the many Obama associates (Jim Johnson, "FDR", Rahm Emanuel) and Dem barnacles like Dodd, Frank, Schumer for being part of a MEGA-ENRON.

[lwd]

Spectator Article you mentioned,,,,

http://www.spectator.org/dsp_article.asp?art_id=13841