Scandal of the Week

Here's a fun story I came across this week. It seems we have a long way to go to change bad habits that got us all into this mess.

Taxpayers Pay For Luxurious Golf Outing of Fannie Mae Execs

Three weeks after the company was bailed out by the federal government, Fannie Mae used taxpayer dollars to treat 14 executives to a luxurious afternoon of golfing that included a $1,700 buffet, a $555 bar tab and a mango towel service.

Taxpayers picked up the $6,279.26 tab for a golf outing that included 14 executives from Fannie Mae and at least six other golfers, according to a report by Dallas-Fort Worth television station KTVT.

According to documents obtained by the station, the cost for the golfing alone was $3,316 at the Cowboys Golf Course in Grapevine, Texas. In addition to golfing, the executives were treated to roughly $2300 in food and drinks, along with a mango towel service.

"I'm not even sure what mango towel service is,” said U.S. Rep. Jeb Hensarling (R-TX), “but I know the taxpayers of Dallas County and America shouldn't have to be paying for it.”