Obama to urge congress to shutter Fannie, Freddie
Posted by seumasach on August 7, 2013
And so will these debts be financed via the bailout of the banks?
6th August, 2013
Buoyed by an improving housing market, President Barack Obama on Tuesday proposed a broad overhaul of the nation’s mortgage finance system, including winding down government-backed Fannie Mae and Freddie Mac. He declared that taxpayers should never again be left “holding the bag” for the mortgage giants’ bad bets.
In These New Times 
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