Amendment to limit Fannie and Freddie exposure fails as Senators throw grandkids under the bus again

Flashback to Christmas Eve 2009:
Twas the night before Christmas, when all through the house
The only creature stirring, was Geithner the mouse
He hung the stockings loaded with debt by the chimney with care,
In hopes that St Nicholas nor the media would soon not be there.

Timmy Geithner announces that he and the Treasury removed the $400 BILLION bailout support limit for Fannie Mae and Freddie Mac during the next 3 years. In essence, the U.S. taxpayer now has the potential of unlimited liability during the next 36 months. Tim "the mouse" Geithner chose to make the announcement on Christmas Eve as media coverage would prove nominal while many were focused on family celebrations.

Monday, May 17, 2010:
An amendment from Senator Mike Crapo (ID Republican), fell 13 votes short of the 60 needed for approval. His amendment would have forced Congress to count losses by Freddie Mac and Fannie Mae against the federal budget deficit and capped U.S. aid to the mortgage giants at $400 billion. These two "zombie" companies were seized by regulators in 2008 and remain on life support courtesy of the U.S. taxpayer aid totaling about $145 billion.

Once again, our self-serving, callous Senate chooses burdening our grandchildren with endless debt versus implementing vigilant measures affording all grandchildren a fair and equitable starting point.

Grandpa finds the majority in the Senate to be the most despicable, selfish and insensitive humanoids on the planet. Collectively, you have converted your ineptitude into trillions of debt and transferred your irresponsibility on to the backs of the most precious resource on the globe! How are any of you able to look your children and grandchildren in the eye?