Freddie Mac: Well, gotta run - but me and Fannie Mae thank yous very kindly for the free lunch. Man: You're welcome, Freddy. Punk: Free lunch?! Ain't no such thi... Waiter: Shush! We have to get them out of here!
Technically - if they were begun as private companies, and had always been private - but the two began as public entities, sort of as offshoots of FDIC and FSLIC - the current mess is the result of letting the private sector take them over, following the deregulation and lassez faire policies and practices of the reagan years, reined in somewhat during clinton’s terms, but allowed free rein by the ignorant, and conscienceless economic theories out of the UoChicago and M. Friedman’s vacuum chamber of a head - and the neo-con agenda -
Technically - if they were begun as private companies, and had always been private - but the two began as public entities, sort of as offshoots of FDIC and FSLIC - the current mess is the result of letting the private sector take them over, following the deregulation and lassez faire policies and practices of the reagan years, reined in somewhat during clinton’s terms, but allowed free rein by the ignorant, and conscienceless economic theories out of the UoChicago and M. Friedman’s vacuum chamber of a head - and the neo-con agenda -