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By Dr. Bob Uda, Ph.D., CM, CHSP, ILO (Reporter)
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Shut Down Fannie Mae and Freddie Mac!

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What’s wrong with this picture?

  • Obama gave Fannie Mae and Freddie Mac $169 billion to bail them out two years ago for incompetent and criminal management.
  • Here, we are over two years later, and they want another $13 billion of bailout money.  What!
  • The incompetent management is running Fannie Mae and Freddie Mac into the ground.
  • Now, they also want $13 million to provide bonuses to reward 10 incompetent top executives for a job well done?  What!  Give us a break!  Fire those suckers!
  • Those incompetent executives should be fired instead of receiving about a million dollars each in bonuses.  Why does the corrupt Obama administration reward such incompetence.  It is probably because the Obama administration is just as incompetent and crooked as Freddie and Fannie.  Those 10 Freddie and Fannie executive idiots will be paid several times over the salary that the POTUS receives, and we know that he is already way overpaid for partying and taking boondoggles all the time.
  • Why does Obama allow these Freddie and Fannie crooks to rob more of the taxpayers’ money?  Is it because they will be donating up to half of their bonuses to the Obama re-election campaign?  What’s wrong with that picture anyway!

Fannie Mae and Freddie Mac should be allowed to go bankrupt and belly up.  Those two worthless organizations are run by incompetent, worthless executives who all should be fired instead!  What is Congress doing about all of this criminality?  Nothing!  A do-nothing Congress is again allowing Obama and his corrupt administration to rob the kitty blind and give it to criminals at Fannie Mae and Freddie Mac.  Fire them all!

A Culture of Corruption

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