Afterall, they’re not planning to shovel all that money into a hole in the ground. But it may be hard to convince people that Paulson’s buyout/bailout will actually make money for all of us. While the author of Fannie Mae’s suicide, Jim Johnson, surreptitiously develops Barry’s proposed presidency. Swell.
Via Instapundit.
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Posted in Scribbles
Tagged buyout/bailout, Fannie Mae, Jim Johnson, Obama, Paulson
Chump change, considering the millions he’s raked in while running for president, but this money came from Freddie Mac and Fanny Mae, who seem to have bought off their regulators this way. Not to mention such groups as ACORN. Oops. So far, The One ain’t talking about it, and his Big Media pals aren’t asking.
Via Instapundit.
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