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<p>[QUOTE=&quot;medoraman, post: 1243061, member: 26302&quot;]I agree as well, and this is where this whole mess started. The US government created Fannie and Freddie, and it was good FOR THE TIME. Both should have been spun off of the US a long time ago, but Congress didn&#039;t because they wanted to use them as ways to funnel money to groups they wanted to support.</p><p><br /></p><p>I strongly agree that all lenders should have the risk on their shoulders, with no hope that anyone will ever bail them out if their decisions turn bad. This would put the necessary discipline in the market. However, have you noticed Fannie and Freddie are STILL government sponsored enterprises, even after the hundreds of billions they have cost us? The politicians want their little slush fund, and if it costs us another 100 billion in the future, they can just blame &quot;wall street&quot;. </p><p><br /></p><p>Not trying to be political, not stating parties, just the fact these GSE served a purpose when started, but should be private now and responsible for their own decisions.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>

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