Obama gives them a blank check and bonuses in the millions!

Apparently, the fact that Fannie Mae lost $56.9 billion and Freddie Mac has lost $14.1 billion in the first 9 months of 2009 did not stop the Obama Administration from approving these payments.

The decorated tree adorns the living room, the stockings are stuffed with care, the milk and cookies are set out for Santa and the newly-cleaned chimney awaits his arrival. If Santa Claus did not make an appearance at your house, he certainly did at the home of Fannie Mae and Freddie Mac, the two quasi-governmental entities responsible for most of the home loans in America.

via Bruce Bialosky : A Very Green Christmas for Fannie and Freddie – Townhall.com – Mozilla Firefox.

Reblog this post [with Zemanta]

« »