This is a petition that we wish to give to President Obama, the US House of Representatives, and the US Senate in regards to the Fannie Mae and Freddie Mac financial failure that happened in 2008. We want Representative Barney Frank of Massachusetts, Representative Maxine Waters of California, and Senator Christopher Dodd of Senator Christopher Dodd of Connecticut investigated for their obvious obstruction of multiple requests by the Bush administration for oversight and accountability into Fannie Mae and Freddie Mac. On one or more occasions Frank, Waters and Dodd testified as to the fitness of both Fannie and Freddie in public hearings. As recently as last July Frank made public statements that both Fannie and Freddie were fundamentally sound. Waters even praised Franklin Raines (then CEO) of excellent work and he was relieved of his position fairly soon after for unethical bookkeeping practices.

We want both the U.S. House and the U.S. Senate to conduct their own ethics investigations and we want President Obama by executive order to create a commission to investigate the possibility of criminal activities by these parties.

If you as an American citizen feel betrayed by the obvious sweeping under the carpet by the 110th and 111th Congress under Democratic control, please sign this petition.