Tag Archives: Ginnei Mae

Are You Ready To Be Saved Again?

Our President said he wants Congress to close Fannie Mae and Freddie Mac, the most spectacularly failed government subsidizers of home mortgages. That’s a bit like Hitler closing Dachau; you have to applaud the notion but it leaves you wondering … Continue reading

Posted in Bank Failure, Banks, Barack Obama, Congress, Debt, Home Ownership | Tagged , , , , , , , , | 7 Comments