>>Democrats have been using Fannie/Freddie as a personal >>piggy-bank for almost two decades now.”
They have been playing quid pro quo games where Dems (and Pubs) in congress run interference for Freddie and Fannie from regulators in return for campaign funds and spending on pet projects. Barney Frank is one of the biggest players in this.
>And the Republicans knew nothing about it?
Many GOPers have been complicit in this game. While I would say the Dems are on average more corrupt, they certainly have not cornered the market on corruption.