Thursday, May 17, 2012

Before we took Freddie and Fannie over, that was a great place to reward politicians that lost their seat or retired.

quote
These people got a $170 million over the last 10 years and that doesn’t count campaign contributions. I mean, Fannie and Freddie were a big, big factor in Washington.

http://www.howestreet.com/articles/index.php?article_id=7126
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Yes, the politicians will make book deals, get hired by companies and become lobbyists and consultants or get appointments that reward them greatly. Which Swiss bank does Greenspan now work for?

- Jan Paul



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