Monday, September 29, 2008
Why Communism Failed
Front and center, the fellow most responsible for causing the financial crisis, Rep Barney Frank. Looking like a stuffed toadie.
But, notice the smiles on the faces of those that caused the meltdown. Fannie MAe and Freddie Mac, the government sponsored enterprises (GSEs) are a group of financial services corporations created by the United States Congress. These GSEs are at the heart of the problem.
Don't you want to just slap your forehead and exclaim, WOW that's why Communism fails.
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