The government's decision to roll the dice on subsidized housing by keeping Fannie Mae (FNM) and...

|By:, SA News Editor

The government's decision to roll the dice on subsidized housing by keeping Fannie Mae (FNM) and Freddie Mac (FRE) afloat is becoming an epic disaster for taxpayers, Peter Wallison of the American Enterprise Institute writes. "The decade-long congressional failure to more closely regulate these two GSEs will rank for U.S. taxpayers as one of the worst policy disasters in our history."