Glad to see POTUS is "glad" the US is getting out of business

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I'm glad to hear that Obama is glad to be getting out of private industry, sadly he should have never gone in following Bushs lead. Obama wants a financial system overhaul to avoid future catastrophes but no where in his proposed legislation does he comment to Fannie or Freddie Mac or the multitude of other "government" programs that caused the mortgage failure which catapulted the financial crisis.

For those not paying attention Fannie/Freddie are lending institutions backed by the US Govt, and in being so they have to follow government direction. So when the government says "give loans to poor people" regardless of their ability to pay it back, these entities do it. Fannie and Freddie collapsed requiring truck loads of tax dollars to stabilize. Not a word is mentioned in reforming their practices.

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