Saturday, May 7, 2011

Losses Still Growing At Fannie and Freddie

Fannie Mae is looking to the tax payers once again to cover mortgage losses.  Housing is still in the doldrums and the nations two largest lenders are continuing to take on water.  Obama and Biden have failed to provide any leadership in the area of economic recovery.  Raising taxes and tippling deficit spending since the pair of jokers took office is not working.   Things are getting worse instead of better.

http://ca.news.yahoo.com/fannie-mae-seeks-8-5-billion-taxpayers-215033804.html

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