Obama Nominates Fox to Guard Chicken Coop
President Obama last week nominated Rep. Mel Watt (D-N.C.) to run the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac, the two agencies that caused the Great Recession Obama keeps blaming on George W. Bush. They did this by promoting policies that allowed them to own billions of dollars in home loans made to people who couldn’t afford to buy homes. And