Guess who was covering for Fannie Mae and Freddie Mac in 2004?
Hint: it wasn’t Republicans. Not surprising, considering that the top five recipients of campaign contributions from Fannie and Freddie were — shockah — Democrats! 17 out of the 25 top recipients were Democrats. No wonder they weren’t willing to reform Fannie Mae and Freddie Mac. It would’ve killed their cash cows. And, surprise surprise, look […]