But chooses not to. The leak is the continuing leak of taxpayer dollars into the black hole of Fannie Mae and Freddie Mac. If the Obamacrats wanted to, they could put a tourniquet on it, but instead they have chosen to increase the level of taxpayer support for these two Government Sponsored Enterprises.
Ed Feulner discusses this fiasco in his column today.
He calls for “fixing” Fannie and Freddie, but I see no point in trying to fix what shouldn’t exist at all. There was never any reason for the federal government to meddle in the housing finance market. Let Fan and Fred die.
