Thursday, January 22, 2009

Are Fannie and Freddie Any Different Than Madoff?

Ted Nugent reports:
Bernard Ponzi-Madoff stole 50 billion dollars from people, which is clearly the largest, most vile scam in U.S. history -- unless, of course, you consider what Fedzilla has done and continues to do with impunity.

Fedzilla is using hundreds of billions -- possibly more than a trillion-- of our tax dollars against our wishes to prop up private industries due to the financial meltdown caused by Fedzilla as a direct result of its willful lack of fiduciary oversight of Fannie Mae and Freddie Mac. Big Brother is a felon.

The shady, negligent and, in my opinion, criminal behavior by the crooks who ran Fannie Mae and Freddie Mac are as guilty as Madoff. The elected bandits such as Sen. Dodd and Rep. Frank who turned a blind eye to Fannie and Freddie in order to line their own pockets have also gotten away with the crime of the century. If their behavior wasn't malicious, reprehensible and criminal enough, these same elected bandits are now bilking taxpayers by making us pay to clean up their horrendous ethical and soulless behavior. If these thugs had any personal or professional ethics, they would have resigned.
No word from Rahm Emanuel on this one.