The Right Coast

Editor: Thomas A. Smith
University of San Diego
School of Law

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Wednesday, April 3, 2013

Is it Fannie and Freddie’s Turn to Bailout the U.S. Treasury? | e21 - Economic Policies for the 21st Century

The Obama Administration has played on the mistaken impression of many in Congress that the GSEs are a hopeless basket case to change the terms of the bailout in a way that will dramatically boost government receipts. Within five years, the bailout of the GSEs has completely reversed. Today, the GSEs are bailing out the federal government.

via www.economics21.org

http://rightcoast.typepad.com/rightcoast/2013/04/is-it-fannie-and-freddies-turn-to-bailout-the-us-treasury-e21-economic-policies-for-the-21st-century.html

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