Government To Take Over Big Two Lenders

Tuesday, September 9, 2008

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."

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