Government Reform

Can We Wake Up From the Fannie/Freddie Nightmare?

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Wake me up when it's over

Yesterday, Tim Cavanaugh linked to some tear-that-Fannie/Freddie-down sentiment, commenting "it's a good sign that what was once considered a core principle is being called into question by somebody other than cranky libertarians." Today, here's what you can read on The New York Times op-ed page:

* "Say Goodbye to Fannie and Freddie"
* "Too Big Not to Fail"

Here's Reason seconding that emotion:

* "Bulldozing the American Dream: It's time to kick Fannie Mae and Freddie Mac out of the housing market," by Anthony Randazzo
* "The Debtorship Society: More Americans became 'homeowners' while owning less and less of their homes," by Tim Cavanaugh

Reason's archive on Fannie and Freddie here.