Word today that the government (in the name of us taxpayers) is planning to take over Fannie Mae and Freddie Mac (brother of Bernie), the mortgage giants. Ya gotta do what ya gotta do, we say. The idea that any of these quasi-privatized government entities were going to be allowed to fail was ludicrous, both in terms of national reputation and the effect on the overall economy.
But what was John McCain calling for in the RNC?
DE-REG-U-LATION.
