"America was founded on the principle of inalienable rights, not dictated duties. The Declaration of Independence states that every human being has a right to life, liberty and the pursuit of happiness. It does not state that he is born a slave to the needs of others." ~ Alex Epstein
Fannie Mae, Freddie Mac, and the Future of Federal Housing Finance
"The federal government recently placed Fannie Mae and Freddie Mac, the government chartered, privately owned mortgage finance companies, in conservatorship. These two massive companies are profit driven, but as government-sponsored enterprises (GSEs) they also have a government-mandated mission to provide liquidity and stability to the U.S. mortgage market and to achieve certain affordable housing goals. How the two companies should exit their conservatorship has implications that reach throughout the global financial markets and are of key importance to the future of American housing finance policy."
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