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Pawlenty Decries ‘Catastrophic Scandal’ Of Freddie Mac, Appoints Top Freddie Mac Lobbyist As Cam

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posted on Jul, 16 2011 @ 04:32 PM
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Pawlenty Decries ‘Catastrophic Scandal’ Of Freddie Mac, Appoints Top Freddie Mac Lobbyist As Campaign Co-Chair




Former Gov. Tim Pawlenty’s (R-MN) quest for the White House has thus far failed to catch fire with voters or big money donors. In a potential bid to rake in donations from the financial sector, Pawlenty has begun demanding a repeal of the Dodd-Frank Wall Street Reform and Consumer Protection Act, a set of reforms enacted last year to prevent another meltdown and guard consumers from abusive lending practices. Pawlenty has suggested that blame for the financial crisis rests only with the “catastrophic scandal of Fannie Mae and Freddie Mac,” the two government sponsored mortgage giants. But for all his bluster about Freddie Mac, which required a massive bailout in 2008, Pawlenty had no problem making Freddie’s top government enabler a leader in his presidential campaign.


Talk about a person who speaks out of both sides of his mouth. At least he makes it easy to know who not to trust.



posted on Jul, 17 2011 @ 11:51 AM
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Poor T-Pawl. I'll bet trying to find an adviser not tainted by connection to something tainted was like going to the Chicken Ranch brothel looking for a virgin.



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