President Bush tried to rein in the GSE's.
President Bush called for reform of Fannie Mae and Freddie Mac 17 Times in 2008 alone...
The Democratic Congress ignored the warnings and threatened to filibuster. (Gateway Pundit, with video evidence goodness- check it.)
Remember this when The One and his My Little Pony Minions squawk about the financial mess being Bush's fault and they did us deeper into a hole. And yes, Bush paved the way for them after it started by pre-socializing the economy, and for that I'm disgusted with him. But the fact is, he saw it coming and tried to stop it while the dems screamed that it was racist (what else).
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