Party on, comrades
Hey look, the federal government bought out Fanny and Freddie! I was just saying to Dave the other day that what this country really needs is an official process for redistributing wealth. I mean, a new one. So besides the ones that we have already that take money from honest people and give it to drug dealers, racketeers, and mobsters, now we have a new one that gives our money to people who are bad at math.
Unsurprisingly, the Cato institute has had a bit to say on the subject.
