Fannie & Freddie Bailouts

10/23/2010 Mises Wire Briggs Armstrong

The government now says that taxpayer bailouts of Fannie Mae & Freddie Mac could reach $363 billion by 2013. Of course we are supposed to thank Harry Reid for staving off a “world wide depression” too.

Full story on the Fannie / Freddie bailouts here.

Also check out the Bailout Reader from Mises.org.

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.

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