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Fannie and Freddie's government "˜takeover' "" truth in advertising at long last

Quicklink submitted by Darren Wolfe     Permalink
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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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