2008_09_whitehouse.jpgWith conservatives wondering about the Bush administration's decision to bail out mortgage companies Freddie Mac and Fannie Mae, White House press secretary Dana Perino shifted blame on Congress, "President Bush initiated a call years ago to try to reform this system because he did not want the status quo to continue. Unfortunately, Congress didn't act on that." She added that Bush decided to act now because of Fannie and Freddie's impact on the economy. The NY Times' first sentence notes that while Bush is the "nation's first MBA president," it was Treasury Secretary Henry Paulson who was in charge--a deputy press secretary said Bush wanted Paulson "in the driver's seat." As for the next president, Bloomberg reports that John McCain "may privatize" the institutions while Obama "sees a federal role in housing."