| There are many words - and most them not nice - to describe the new government conservatorship and planned bailout of Fannie Mae and Freddie Mac. But "nationalization" and "end of the free market" are not accurately among them. Fannie and Freddie can't really be nationalized, because they were never really private in the first place. |
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At www.openmarket.org
Darren Wolfe is the former Eastern Vice Chair of the Libertarian Party of Pennsylvania. He presently blogs as the International Libertarian http://www.theinternationallibertarian.blogspot.com/ His articles have also appeared in Ammoland.com, (more...)