Good question from Smilinshark:
1. I have contacted my Senators & area Representative (all Republicans) on three separate occasions, and have NOT received a reply to date.
2. Remember the fall of ENRON?? Remember how horrified the Government and the public were?? Remember that the Government IMMEDIATELY initiated a FORMAL investigation into this debacle??? Bear with me because this is my jumping off point. Constant investigative harassment or whatever, led to the guilty please by several of the ENRON ‘biggies’ and the ultimate/untimely demise of the CEO……….
3. Move to very recent memory……the fall(s) of Fanny Mae & Freddie Mac…..costing the U.S. taxpayers approx $800 billion????? Most likely the instigating factor that has led us to where this country is today (economically)???
4. My question(s):
a. Fanny Mae & Freddie Mac are government sponsored agencies……obviously under the supervision of (1) The United States Senate Banking Committee, and (2) The House Financial Services Committee. THEREFORE…….why has NO FORMAL investigation been initiated on these two agencies???????
I would like to have anybody answer these questions for me.
Short answer: Those that created the problem caused by Fan and Fred are the same ones who would initiate an investigation. Perhaps if we can get rid of them in 2010…..
Feel free to weigh in.
