IF YOU LOVE THE WAY GOVERNMENT MANAGED FANNIE MAE, THEN YOU'RE GONNA LOVE THE OBAMA ADMINISTRATION!

FACT: From 2003 to 2007, Bush and McCain tried to prevent the financial system meltdown. (Contemporaneous NYTIMES articles prove this; we've posted them at this blog.)

Bush and McCain warned us - and even proposed additional REGULATION over Fannie Mae and Freddie Mac.

The REFORMS Bush and McCain proposed were blocked by the Democrats - by Dodd, Frank, Reid, Pelosi and Kerry and Obama.

As a result, the global financial system was RUINED. Thanks Go-d, not permanently - not yet, at least.



Fannie and Freddie were creatures of the GOVERNMENT - GSE's doing exactly what the GOVERNMENT wanted them to do: FORCE PRIVATE CAPITALISTS TO MAKE BAD LOANS, AND GUARANTEEING THEM WITH OUR MONEY.

Yes: OUR money.

You see, the government doesn't have ANY money of its own; it's all ours - every penny.

That's why they spend it so... WASTEFULLY.

That's why they can't be trusted to spend it FRUGALLY or wisely.

That's why ALL government enterprises are nearly always worse run than private enterprises.

And when government has MEGABUCKS to spend, then that's a situation ripe for CORRUPTION: BECAUSE ALL THE SPECIAL INTERESTS HAVE TO DO IS PAYOFF A FEW POLITICIANS TO GET WHAT THEY WANT.

THE POLITICIANS DON'T CARE BECAUSE THEY'RE NOT RIPPING THEMSELVES OFF; IT'S NOT THEIR MONEY.

Politicians can be VERY "generous" with OUR money.

This is why SMALL GOVERNMENT IS ALWAYS BETTER: the LESS MONEY they have to spend, the less they can help special interests - and rip us off!

BY THE WAY: SO so so SO so VERY often, the politicians who want to be "GENEROUS" with OUR MONEY are NOT generous with their own.

LIKE OBAMA AND BIDEN, WHO GAVE MINUSCULE PERCENTAGES OF THEIR INCOME TO CHARITY.

MINUSCULE COMPARED TO MCCAIN AND PLAIN. AND BUSH AND CHENEY.

Conservatives tend to put THEIR money where their mouths are.

Liberals put OUR money where their mouths are.

SO... if you like how Obama's Gang of liberals handled Fannie Mae (especially since 2003), the you are just gonna love how they'll handle health care, and "green collar job creation" and every other BIG SPENDING GOVERNMENT PROGRAM.

This is why they NEED to raise taxes: so they can get a biog pot of OUR money to dole pout for favors to the special interests.

VOTE ACCORDINGLY.