Rep. Royce: Socializing Risk While Funding The Left
Today the Congress is preparing to vote on a massive mega-billion dollar "bail out" of Freddie Mac and Fannie Mae" – along with billions of other "gifts" to those impacted negatively by the mortgage crisis ("gift" – paid for with our tax dollars). Congressman Ed Royce (R-Orange County) just sent over this well written piece on this ill-advised legislation:
Socializing Risk While Funding the Left By U.S. Represenative Ed Royce Today the House of Representatives passed one of the largest taxpayer bailouts in decades. After advocating for strong GSE reforms for the better part of a… Read More