Here’s a recent interview with Neil Cavuto about bailouts for Fannie Mae, one of the government-created entities used by Barney Frank, et al, to subsidize housing (and line the pockets of well-connected political insiders).
My main concern is not the bailouts, which surely are odious, but whether we can at least limit future damage by getting the government out of the business of misallocating capital and distorting markets.
When in a hole, put down the %*#(& shovel and stop digging!
