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No Bailout for Fannie Mae, Argues WSJ

Started by cordblomquist · 10 months ago

In the Wall Street Journal, Holman Jenkins says we should get rid of the shaky, fraud-ridden government-backed mortgage giant Fannie Mae in its current form, rather than letting it continue to operate with federal subsidies and special government privileges.  He thinks Fannie Mae sho ... Continue reading »

2 comments

  • GSEs should be broken up into little pieces.
  • I lost my house over ten years ago through a Fannie Mae loan. While I agree that that free market is the way to go I also believe that greed needs regulation as it seems to be the only natural resource that is infinitely renewable.

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