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TOPIC: "New Fannie Mae & Freddie Mac Act Unveiled" (CNBC, RCP Video 2/23/10)


Diamond

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"New Fannie Mae & Freddie Mac Act Unveiled" (CNBC, RCP Video 2/23/10)
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New Fannie Mae & Freddie Mac Act Unveiled

Rep. Scott Garrett (R-NJ) unveils new Fannie and Freddie accounting legislation.

Video link
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I don't care about cute and clever acronym. I want to see some real taming of the beasts.

$1.6 Trillion dollars of debt in Fannie and Freddie.  I hope it does not combine it into the national debt in the process. SOMETHING TO WATCH CLOSELY.

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