[lonevoice]

A stealth 800 Billion dollar stimulus plan by executive order for the sole purpose of winning the November elections...

It would be so tempting to think that they couldn't possibly be brazen enough to try this. But that would be to remain in denial.

[CutePuppy]

There are many more taxpayers who would understand that this is simply a transfer of debt from house mortgagors onto their pocketbooks.

And Fannie and Freddie now belong to the U.S. "government," not to the Executive Branch of the U.S. government, so that will definitely backfire on Democrats in November's congressional elections... which is possibly OK for Obama (Clinton scenario).

That could also be a trial balloon leak, to measure how this action would go over with people. My suspicion is, not well.

[Pride in the USA]

Whatever it takes to buy votes. “I hope he fails,” as Rush has said.