In it's quest for smaller Federal government, Bush & Co. are set to take over Fannie Mae, Freddie Mac.
"Reports: Fannie Mae, Freddie Mac takeover set. Top execs would be dismissed and common stock diluted under federal plan."
Capitalism - ain't it wonderful. The free market, supply and demand, a self-adjusting process with risk meaning something like "chancy", risk meaning a capitalist stood or fell on his own brave butt, rewarded for success and rewarded for failure after looting the company.
Wait a minute. That's Republican capitalism, aka "socialism".
Never mind!
Arf
