Undecided

Where Are the President and Congress in All This?

Actually, if one really wants to understand what the President and Congress did and did not do, I have a link below that opened my eyes to the primary villains behind the bailouts today. I'm now actually pretty incensed at what I'm hearing out of Washington with all the blaming. Clearly, many of our large banking institutions don't know how to spell due diligence, but the lack of reform at Fannie Mae and Freddie Mac were the spoon that stirred the coffee. If we had seen reform years earlier we would very likely be looking at a different situation today. The link below is to an article I found today that actually referenced an earlier article from the Washington Post back in 2005. Check it out.

www.courant.com/news/o...