All Commentary
Tuesday, August 17, 2010

Conference on Fannie’s, Freddie’s Future Opens


“Talk of shrinking the government’s involvement in the mortgage market is growing. Just don’t expect action any time soon. A conference Tuesday at the Treasury Department is the first of many steps toward restructuring the nearly $11 trillion mortgage market. So far, rescuing mortgage giants Fannie Mae and Freddie Mac has cost the government more than $148 billion. That number is expected to grow.” (Washington Post)

Just get out altogether.

FEE Timely Classic
“A Microeconomist’s Protest” by Mario Rizzo