Democrats blocked GOP housing reform

More than two years ago, 20 United States Senators sent a letter to Senate leadership pointing out that American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market by Richard Olivastro Wednesday, October 15, 2008 In light of the financial tsunami that most congressional incumbents are responsible for foisting on the American people, here is something that every American should know. Most, however, do not know because the media is selectively reporting information about the financial mess. And, the media has not told the public the facts about who sounded the alarm back when it could have been fixed, because doing so would remove the insulation they have installed to protect those incumbents - and candidates - who were –and some still are – at fault. Here’s an... [read full story]