The IUSB Vision Weblog

The way to crush the middle class is to grind them between the millstones of taxation and inflation. – Vladimir Lenin

Fannie Mae and Freddie Mac paying $210 million in bonuses with your money and no outrage why…..

Posted by iusbvision on April 4, 2009

…bacause Fannie Mae and Freddie Mac kick back huge amounts of money to lobbyists and Democrats its silly.

Fannie Mae and Freddie Mac, the two corrupt government sponsored mortgage enterprises that were the lion share cause of the global economic meltdown will pay out $210 million in bonuses with your money.

As we reported earlier, Fannie and Freddie were used to launder hundreds of millions of dollars back to mostly partisan Democratic groups and politicians which is why the Democrats blocked any meaningful mortgage reform since 2001.

2 Responses to “Fannie Mae and Freddie Mac paying $210 million in bonuses with your money and no outrage why…..”

  1. […] About that $210 Million in bonuses using your money… LINK. […]

  2. […] by iusbvision on May 10, 2010 Here is your government sponsored enterprise at work which gave fat bonuses to its political appointee […]

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