Brat Farrar (bratfarrar) wrote,
Brat Farrar
bratfarrar

*feels very daring*

I heart our president. Very much. Why?

You know how the economy's kind of mucked up right now, due to the whole Freddie and Fannie implosion thing? Well, in 2003 Bush (perhaps not personally, but his administration: people he selected) proposed revamping the regulations for Fannie Mae and Freddie Mac--which congress blocked. And now he (or, again, his administration) has reacted swiftly, and apparently, in the only way likely to keep everything from going down the drain. And has explained the situation in a very clear, almost encouraging way. (And congress does . . . what? Run away?)

Also, this is kind of scary. Just what kind of change are the Democrats pushing for?


P.S. I heart Sarah Palin, too.


ETA: Here's a more detailed breakdown of who was behind Freddie and Fannie reaching this point, and who tried to prevent it. (One of the latter was--guess who?--McCain. I kind of heart him too.)
Tags: politics
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