The Fannie & Freddie Twins….

Sultan Knish has written an article that deserves mass attention.  Make sure to go to the link below and read the entire article.

Obama and the Democratic Congress’ Looting of America

While the US government is far from uncorrupted, the kind of massive uncontrolled theft usually seen in Arab and African countries or Putin’s Russia, has been absent from the American experience. Until now.

Obama has not yet taken power, but the Democrat led looting of America is well and truly underway. Obama has already brought in former Freddie Mac board member Rahm Emmanuel as his Chief of Staff and is now considering Jamie Gorelick, the former Vice Chairman of Fannie Mae as his Attorney General.

What that means is that two key people in the entire mortgage disaster that trashed the American economy will hold two of the top positions in Obama’s cabinet… and that is no coincidence at all. It’s only the beginning.

Already 2 Trillion Dollars (2,000,000,000,000) in emergency loans have been handed out without disclosure. To put that into context, the Democratic Congress has spent more money in a month on sweetheart loans for their business pals than the cost of the entire Iraq War over Bush’s entire second term.

Of course you shouldn’t expect to see the media running any of those stories they used to run on the Iraq War, detailing how many school lunches or health care plans the massive economic boondoggle shepherded through by two of Obama’s future cabinet members could have bought.

And when Obama hangs up a “Mission Accomplished” banner even while the economy is a disaster, and the price of bread has hit an all time high thanks to the Biofuels boondoggle pushed by Obama for his own profit, stand back and watch for the cheering from the media corps.

Read the rest here.

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Comments
3 Responses to “The Fannie & Freddie Twins….”
  1. Ron says:

    I agree, this is a must read. I’ve been reading Sultan Knish off and on for the past couple of years because he’s very insightful. Thanks for posting this.

  2. ginny linn says:

    You are doing a fantastic job! I agree with everything you have written today, and have forwarded your site to all my Democratic and Republican friends.

    I belong to the hrclinton-129 meetup group. I am also a PUMA. It is my hope that we can ALL ban together to beat Nobama in 2012.

    I am willing to help in any way I can.

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