Nice how that little weasel released this on Christmas Eve when nobody was looking.
Treasury takes $400 billion limit off, promises to throw infinite amounts of money down black holes of Fannie Mae and Freddie Mac
If Fannie and Freddie are just conduits for the government to spend hundreds of billions trying to re-inflate the housing bubble, why the hell do we have to pay the CEOs $6 million each? Any government bureaucrat could do just as good a job losing money by guaranteeing bad mortgages.
HT: Housing Doom