You expect a certain amount of dishonesty in politics. But you would think that amidst a bona fide emergency situation whose consequences threaten everyone’s well-being that conservatives would try to pay some attention to what’s actually going on. Instead, conservatives have decided to make up a story in which Fannie Mae and Freddie Mac somehow single-handedly brought down the world financial system. David Goldstein and Kevin G. Hall have a great corrective article for McClatchy headlined “Private sector loans, not Fannie or Freddie, triggered crisis.”
Read it. Send it to your friends and colleagues.