The fact that Fannie Mae and Freddie Mac are unconstitutional entities that get our money from us whether we offer it or not, that seems unimportant to the writer. The fact that Fannie and Freddie create moral hazards by becoming consumers of bundled mortgage ecurities, thus inspiring banks to give risker home loans because they know they can sell their debt instruments to Fannie and Freddie, that's forgotten, too...

http://news.yahoo.com/s/dailycaller/republicanlawmakersbeginassaultonfanniemaeandfreddiemac

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