Fanny - Freddy - up your fanny politics

In the Clinton Administration they used our Housing/real estate as a tool to buy votes. Fanny Mae and Freddie Mac were, in 1998, to increase sub-prime loans, regardless of the risk factors that were readily apparent in such a strategy was to increase the Democrats Voting block Much has been made as to the fact, that the financial crisis during the last two years of president Bush's term in office. Period to that time, this nations had 6 years of prosperity. The trouble hit this nation, while a Democratic controlled congress was in office. The financial crises came to a head in the last two years 2007-8, under tdemocrat control congress. The President cannot spend one red cent, without the approval of congress. Why didn't he use the veto pen--because the bills wherein increases were made, in the spending; to veto would be vetoing military bills, for supporting the two wars. No President in the past 20 years, could come up with a balanced budget without first cutting entitlements, which during these years varied from 60 to 80 percent of our Gross GDP. The Messenger. JAMES J. DOBRANICH SR. CMSGT, USAF, RETIRED