The Problems of Freddie Mac Reveal A Congressional Scam.
November 21, 2007 – 12:09 amIf Milton Friedman were still with us, he would be wearing that shit-eating grin of his. He always maintained that the housing agencies such a Freddie Mac only clothe themselves in a sheepskin of corporate privacy. Congress used the Agencies, he believed, to mislead the public about the true size of the Treasury’s obligations.
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