Leave it to politicians to tell you they are decreasing the amount of government intervention, when, in fact, they are increasing it.

Case in point. President Obama speaking in Arizona, telling people he plans to 'phase out' Fannie and Freddie (both government-created corporations made to artificially increase demand for residential and business buildings, and both supported by federal bailouts). he tells people he's interested in getting the government out of housing. But what he WANTS, if one reads his proposal, is for Fannie and Freddie to pay the federal government money that will be combined with DIRECT federal house-buying aid. It is not a decrease in federal involvement in any way. It's an increase.

Read on, MacDuff!

http://www.nytimes.com/2013/08/07/us/politics/obama-fannie-mae-freddie-m...

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