Brilliant article found on Hotair by Ed Morrissey.
Funny that Obama, who has become Fan and Fred's favorite politician by giving him 4x's more lobbying money in 4 years than it gave McCain in 20+, is claiming that the bailout is a result of the Republicans failed economic policies. Really? Wasn't it Bill Clinton and the Dems that created Fannie and Fred to provide mortgages for lower income families? People, who it turns out, can't afford mortgages and are now in a bigger financial crisis by having to deal with foreclosures? Hasn't Fan and Freddie been led by Jim Johnson who was leading up Obama's VP candidate vetting?