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8 Quick Comments on the Freddie/Fannie Bailout Plan

This is strictly psychological. Frannie is has sufficient liquidity but the lack of credibility is causing problems with bond issues. In retrospect this is going to make people question the validity of the free market system is a 15 trillion economy. Free market is great if people can maintain their heads - but sometimes that doesn't happen - vis a vis the multiple great depressions that the US went through before FDR socialized the US.