|
« 30 Years of Fannie Mae |
Main
| Investing in Volatility »
September 9, 2008
American Voices
From The Onion:
The federal government announced this weekend that it would seize control of Freddie Mac and Fannie Mae, the country's two biggest mortgage firms, in order to keep them afloat. What do you think?
Marc Rose,
Welder
"Crap! Almost my entire Fantasy Privatized Social Security portfolio was in Freddie Mac."
Julie Meyer,
Farmer
"Nothing rectifies out-of-control market failures like a healthy dose of government intervention and mountains of bureaucracy."
Max Ramzi,
Roofer
"I think the government should let them go broke and give some of America's mom-and-pop mortgage lenders a chance."
I actually agree with Max.
Posted by edelfenbein at September 9, 2008 12:27 PM
|