Many experts have criticized the new financial reform law for leaving out Fannie Mae and Freddie Mac. Add White House adviser Paul Volcker to the list.
Exactly, the Dems not even mentioning Fannie Freddie in this last financial bill.

That’s because Fannie, Freddie and other government agencies guarantee or own more than 90 percent of the mortgages originated since the financial crisis.

“Not much exists without the government running it. I don’t think that’s what we want,” Volcker said.
It's what Obama and the Dems want, Paul!

“It’s clear Fannie Mae and Freddie Mac need to go. We don’t need these hybrid institutions. You don’t know whether they should be responsible to the government or to stockholders. It’s an unfortunate invention.”
How many Dems share your view?

Meanwhile, speculators are trying to strike it rich on Fannie shares, whose trading volume has recently tripled that of Goldman Sachs, even though Fannie is a penny stock.

“The volumes are astonishing,” Bose George, a financial analyst at Keefe Bruyette & Woods, told The New York Times. “It’s like a casino.”
Speculators because they know the government is gonna bail out Fannie Freddie.....this is another 1 trillin dollars.......

Thanks Barney Frank!

http://www.moneynews.com/StreetTalk/...8/11/id/367229