Financial Reform or Social Engineering?
Everyone agrees that, by lowering credit requirements, Fannie Mae and Freddie Mac played an important role in the recent financial crisis. Now the Obama administration has promised to reform those “government-sponsored enterprises” (GSEs). However, as faithful Antiplanner ally Ron Utt warns, Obama’s idea of reform is more focused on changing American lifestyles than on preventing [...]
Everyone agrees that, by lowering credit requirements, Fannie Mae and Freddie Mac played an important role in the recent financial crisis. Now the Obama administration has promised to reform those “government-sponsored enterprises” (GSEs). However, as faithful Antiplanner ally Ron Utt warns, Obama’s idea of reform is more focused on changing American lifestyles than on preventing […]
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Financial Reform or Social Engineering?
Everyone agrees that, by lowering credit requirements, Fannie Mae and Freddie Mac played an important role in the recent financial crisis. Now the Obama administration has promised to reform those “government-sponsored enterprises” (GSEs). However, as faithful Antiplanner ally Ron Utt warns, Obama’s idea of reform is more focused on changing American lifestyles than on preventing […]