Government Back Off on Privatizing Fannie Mae Freddie Mac

In early 2010 the Republicans were gearing up in an attempt to privatize mortgage giants Fannie Mae  and Freddie Mac

Fannie Mae

Freddie Mac

But now as 2011 opens the GOP are saying any moves towards privatizing the companies would squeeze access to Home Loans and Depress Sales

Politics as usual the blind leading the blind regardless of which side of the political aisle one sits be it Republican or Democrat

The present day politicians are devoid of economic acumen and business brains!

Hence this is why the politicians flip flop from positive to negative when they do not have a problem solver meaning a solution!

Now the GOP are saying the housing market is ‘fragile’ really Joe Public know that already they have no desire to hear that rhetorical speak from politicians

Anyway who really cares it seems the man in charge Barack Obama has other things on his mind as he extends his holiday in Hawaii and will not know be returning to Washington until January 3, 2011

‘The world is amazed at the lack of focus in the USA to resolve economic and employment problems!’

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