Feds outline Fannie, Freddie takeover

I am so sick of our government bailing out mismanaged and greedy companies. Their CEO's rape millions from the company, and their stockholders, knowing full well that doing so will tank the operations. They walk away millionaires and stick the US govt. with the tab?! Fannie and Freddie have been ticks on the US tax base for along time, let them wither and die, and keep the govt. out of the mortgage business. Let the banks eat their greed - screwing the average guy is coming home to roost for US and world banks. F- them, and this corporate welfare!

Fannie and Freddie are Democratic Party’s dear friends. You can check how many Democratic lobbies work there and how much money they have sent to Democratic. Talk about change. Sen. Barack Obama could not say no to the corruption in IL politics. How can he change the lobby in the country? .