Eric in IL

Let the GSEs Fail

If we let Fannie and Freddie fail home ownership in this country will plummet and we will be in a sever depression. Home values will plummet, equities will plummet. This moral high road thing is ridiculous. I am happy for our govt to pay 25B - 100B to bail these guys out instead of it costing the entire economy trillions upon trillions.