Is the Fannie/Freddie Bailout "Socialism"?
there are always a few true believers--who deserve credit for their consistency, if nothing else--ready to use the dreaded S-word. Free-market zealots like those at the libertarian Cato Institute are now arguing that the problem with Fannie and Freddie is that they were "socialist from the start," while others are applying the term to the federal takeover. Republican Sen. Jim Bunning of Kentucky said that when he first heard about the bailout plan, "I ... Full Story »
Posted by Kaizar Campwala
