Up to one trillion dollars!
That’s what it’s going to cost us to get out of this economic mess??? Why is there to outrage from the tax payers, from congress, from everyone?

Someone needs to ask “WHY?”

• Why did we get to this point?
• Why was there no Congressional oversight?
• Why were the mortgage companies and lenders giving so many bad loans?
• Why don’t they really know how much real estate is at risk?
• Why did the former heads of Fanny Mae and Freddie Mac get removed with million dollar golden handshakes?
• Why are Chris Dodd and Barack Obama the two highest recipients of political donations from Fanny and Freddy?
• Why is Fanny and Freddy even giving political donations to the same people who oversee them? (In the business world, that is called bribery)
• Why are the same oversight committees in Congress planning to oversee the new plan? Haven’t they proven they are not up to the job?
• Why is the Justice Dept not looking into the whole mess?
• Why was President Bush ignored when he tried twelve times to put more controls and oversight on Fanny and Freddy?
• Why was Senator McCain ignored when he proposed a revamp of Fanny and Freddy back in 2005?

The fact is, if this was a Republican controlled congress, the Democrats would be screaming for hearings and calling for heads when it comes to the oversight of this industry. But, because they were in charge and did not heed any callings from the President and Senator McCain, the last thing they want are hearings.

We should not let them get off the hook this easy. They will be in controll of Congress for the forseeable future. We just can’t re-arrange the deck chairs on this sinking ship.