Sean Hannity Needs Fannie/Freddie History Lesson

Apparently, Sean Hannity has forgotten that George W. Bush was the U.S. President until January of this year. Or, he forgot that Fannie Mae and Freddie Mac were placed into a conservatorship under the FHFA in September, 2008. In either case, he made this false statement on June 3 regarding Obama’s involvement:

HANNITY: But I think, fundamentally, there’s a point here that we need to discuss. And that is Barack Obama, if we get to the root cause of — if anyone would have predicted that he was going to accumulate these debt — this debt, these deficits; that he was going to fundamentally take over GM, take over Chrysler, take over the banks, take over Fannie, take over Freddie; and that he’s going to go on an apology tour and then say we’re not a Christian nation, these are fundamental — you know, there’s a fundamental foundation of America that we are altering here.

Think that was just a mistake? Here he was the day before:

HANNITY: So now on the economy, we’ve got the government taking over car companies and nationalizing banks, and they’re taking over Freddie and Fannie. And they’ve got, you know, a $2 trillion deficit this year, quadrupling it, $10 trillion in the future. I guess this is socialism.

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