Fannie And Freddie To Survive


Why would Obama change a losing formula?

According to the Washington Post, quoting anonymous White House advisers, the administration favors “restructuring Fannie and Freddie as public utilities overseen by a government regulator.”

In short, it wants taxpayers to keep propping up a failed social experiment that wrecked the housing industry and cost $300 billion (and counting) to bail out.

Perhaps those that think that Obama is deliberately trying to wreck the US economy are right…

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About Conservative Wanderer

Conservative Wanderer is currently Editor-in-Chief of That's Freedom You Hear! That means anything that goes wrong can be blamed on him. Previously he was a contributor to the PJ Tatler.
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