In response to:

Fannie Mae Employees Keep Fat PayChecks at Taxpayers’ Expense

mnellett Wrote: Feb 19, 2013 4:31 PM
What the American taxpayer needs are representatives in the House and the Senate with enough backbone to start cutting the funding for a lot of these blood suckers. Their pay and benefit scale should be the same as that of a private sector job, no more, no less. Most of budgetary problems in this country are because of a population that doesn't talk, or keep informed, of the two most important aspects of their lives, politics and religion! Don't agree? Take a hard look at America's moral decline,and then your paycheck. Tell me they don't matter.

Earlier this week the Inspector General (IG) of the Federal Housing Finance Agency released a report documenting the current pay levels of mid-level executives at Fannie Mae and Freddie Mac, those mortgage giants which contributed to the financial crisis and have so far cost the taxpayer over $180 billion.   Despite the bail-outs, it seems the GSEs are still a comfortable place to work, all at the taxpayers’ expense.


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