RS, it really is time to give your partisan nonsense a rest. This is so much bigger than Freddie and Fannie. You can thank all your deregulators, the bankers and fund managers who have gotten unconscionably rich, knowing they were playing with funny money. We have had Republicans in charge for eight years, and they have driven us out to sea with no lifeboat.
Read Tom Friedman today. He outlines our problems very well.
http://www.nytimes.com/2008/11/26/op...ml?ref=opinion