When you hear the name Franklin Raines, what do you think? If the words "Fannie Mae" came to your mind, you would be correct .. Franklin Raines was the Fannie Mae CEO at the helm when the housing bubble burst - and he was at the helm because he was protected by Democrats. Republicans wanted him gone - but he happens to be black - so that was clearly racist. Why do I bring this up? Read on.
The day after the Democrats won control in Congress in 2006, patent no. 6904336 was approved. This patent would give Fannie Mae a lock on the cap-and-trade market. So whenever Congress gets around to passing cap-and-trade legislation, guess who is going to be its most avid support? Fannie Mae! The Examiner describes the patent owned by Fannie Mae as giving it "proprietary control over an automated trading system that pools and sells credits for hard-to-quantify residential carbon reduction efforts (such as solar panels and high-efficiency appliances) to companies and utilities that don't meet emission reduction targets." If the EPA gets their way, that could soon apply to every company in America.
When you hear the name Franklin Raines, what do you think? If the words "Fannie Mae" came to your mind, you would be correct .. Franklin Raines was the Fannie Mae CEO at the helm when the housing bubble burst - and he was at the helm because he was protected by Democrats. Republicans wanted him gone - but he happens to be black - so that was clearly racist. Why do I bring this up? Read on. 
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