Fannie & Freddie waiting to explode

Did you know the democrats removed the cap on Fannie and Freddie from $200 billion to UNLIMITED? This means that all those rotten loans that were given to people who the government KNEW couldn't make their payments because they weren't required to face the same kind of scrutiny as ordinary people will be defaulted, as they have already started, and the rest of us will have to pick up the tab....a HUGE amount of money, far greater than the AIG mess. Where are the ACORN people marching on Fannie and Freddie?
  And the government employees who are running Fannie and Freddie received $6 million each and a total of $40 million in bonuses? Watch the video and marvel:

  This behavior isn't unusual for Freddie and Fannie employees. In fact, Obama made sure his buddies got loans. Common knowledge was that Raines, a government employee, received a salary of NINETY MILLION DOLLAR over five years, as reported by WND and others:

As WND reported, Johnson earned $21 million in just his last year at Fannie Mae, where he served as CEO from 1991 to 1998. Raines earned $90 million in his five years as Fannie Mae CEO, from 1999 to 2004.

  Meanwhile what do we see from the president of the United States? We see hyper partisanship and false accusations. Here are the latest quoted over at the Wall Street Journal:

He hit Republicans hard for opposing the administration's economic plan.

"Instead of setting our sights higher, they're asking us to settle for a status quo of stagnant growth, eroding competitiveness and a shrinking middle class," Mr. Obama said.

  What on EARTH is he talking about. In what policy have Republicans done anything at all suggested stagnant grown or policies that erode competitiveness? ABSURD! 
  Obama and his buddies in the MSM accuse voters, conservatives and Republicans (only some of whom are conservative)  of being racist, or classist or absolutely evil for opposing the Divine One's directives. Victor Davis Hanson is absolutely correct.