Description

John McCain attempted to reform Fannie Mae and Freddie Mac in 2005.
The reforms that Borack Obama talks about should be done in the legislative branch of government. The President of the United States is not at fault. It is the responsibility of the legislative branch to conduct oversight duties. This no good Congress was and is asleep at the wheel.
Freddie Mac and Fannie Mae are good organizations but have been run into the ground and the Congress was derelict in their duties.