Investigate Fannie and Freddie

http://www.marketwatch.com/news/story/richard-viguerie-members-congress-protected/story.aspx?guid=%7BA5627E14-470A-4111-8C68-14007CB261F8%7D&dist=hppr

If this slides by without punishment of those who set it up and conned the system, it''ll be the greatest travesty of justice in recent memory. All the evidence points to government cover-up of a failed program. And now people are screaming "more regulation!" -- They had frigging regulation in place! That's not the point!

The point is that politicians and players have gamed the programs for diverse reasons and it was protected from rational assessment and responsibility. You could create a thousand regulations with a thousand regulators, but if powerful political players protect it, then the regulations are useless.

Politically connected people have made millions off Freddie and Fannie and politicians have gained power through them. It's a shining example of government corruption and failure of social engineering and all the people who want to blame it on de-regulation and free market principles are just plain wrong

But forget about opinions, mine included. An investigation by objective sources will unveil who's to blame and what happened. If this was an oil company fiasco, Congress would be investigating around the clock. This cannot slide. It just can't.

Hopefully this is just the beginning and this cover-up will be uncovered. I predict the findings will be damning and astounding. This is something every person in the country should be paying attention to, because it goes to the heart of what's wrong with our government and how we have strayed from original intent.

Not only do we need an investigative report showing who the guilty parties are and all their associations, we need an assessment of how and why these attempts at social engineering fail and have dire consequences.

This is the greatest opportunity in a long time for the American people to wake up and clean house.