Through out the history of our nation, since it?s founding in the fire of revolution in 1776, we have spent more time at war through either actual fighting or in proxy wars, than we have at peace.
We have fought wars against almost every major European power, including ones who are now our allies, such as Britain, France, Spain, Germany, Italy, as well as nations that are still not so friendly such as Russia.
America?s conflicts 1798 to 2004
The quasi-government mortgage organizations of Fannie Mae and Freddie Mac have incurred a large chunk of the responsibility for the system that allowed for abuse by financial intuitions and lenders that created the housing bubble and the financial crisis. Unfortunately congress and the President let themselves get sidetracked with health care reform and very little has been done to prevent a reoccurrence.
But last Friday, the administration put out a report that laid out a plan for reforming the housing market. A plan that would include the eventual elimination of both Fannie Mae and Freddie Mac.