All Commentary
Tuesday, November 10, 2009

Fannie Mae Needs More Taxpayer Help

“US mortgage finance firm Fannie Mae has asked for another $15bn (£9bn) in state aid after announcing losses of $19bn between July and September.” (BBC News, Tuesday)

Did anyone think it was going to stand on its own feet?

FEE Timely Classic
“Bootleggers, Baptists, and Bailed-Out Bankers” by Bruce Yandle

  • Sheldon Richman is the former editor of The Freeman and a contributor to The Concise Encyclopedia of Economics. He is the author of Separating School and State: How to Liberate America's Families and thousands of articles.