Congressman Paul's Texas Straight Talk
“Recently there have been some encouraging signs that Congress is finally willing to admit what should have been evident two years ago. Even after a $150 billion bailout, Fannie Mae and Freddie Mac are still bankrupt and should be abolished. Indeed Rep. Barney Frank, a longtime champion of Fannie and Freddie has made a few statements alluding to this and I have signed on to a letter asking him to clarify his remarks and hold hearings on this topic. There seems to be a growing consensus in favor of abolishing Fannie and Freddie. This is the good news…”
Click here to read the full article: http://paul.house.gov/index.php?option=com_content&view=article&id=1766:let-the-housing-market-normalize&catid=31:texas-straight-talk
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