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It's been agreed upon by economic experts that the root problem of the current financial crisis is mismanagement of Fannie Mae and Freddie Mac. Republicans, including the Bush administration have been calling for reforms of these GSE's for years. Ignored,attacked, then blocked by Democrats, reforms did not go through and things were left unchanged. Watch this video. Circulate this video. It's all about accountability: Biggest recipient of Fannie Mae lobbyists? Barney Frank (D). Second biggest recipient? Barack Obama.