Sure Carol keep spouting that crap about F&F causing the housing meltdown. If they were why did the same situation occur in England, Ireland and Iceland at the same time? F&F didn't make the toxic loans nitwit, they were made by unregulated mortgage brokers who bundled them up into mortgage backed securities and sold them before they started to stink. The largest buyers were not F&F but large financial institutions like Lehman Brothers.<quoted text>
Barney Frank lied about Fannie and Freddie "doing just fine" and a lot of people lost a lot of money because of his deception. But Frank was also on F&F's payroll.
The problem with you Democrats is you never find fault with your own. Never. No matter how bad the fault.
And just what party was opposed to regulating and overseeing the mortgage backed securities market?
That would be the GOP.