Posts Tagged ‘Freddie Mac’

The Law of Unintended Consequences

Fannie Mae and Freddie Mac serve as perfect examples of what happens when the government intervenes in the private sector. The two mortgage giants were once called ‘government sponsored enterprises,’ which meant that profits were collected by Democrat apparatchiks, while taxpayers were on the hook for any and all losses. The purported mission of these [...]

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Democrats Tell The Truth

Some credit is owed to Democrats Max Baucus and John Dingell for admitting what the true purpose of Obamacare really is: control and wealth redistribution. Medical care under the new Obama plan will greatly decrease in quality. The cost of treatment will skyrocket. The IRS will have access to medical records, in order to fine [...]

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