QUOTE AND NEWS
MarketWatch  Jan 13  Comment 
The federal government ran a budget surplus of $2 billion in December after Fannie Mae and Freddie Mac made payments to the Treasury.
Motley Fool  Jan 7  Comment 
After some disappointing developments, Fannie and Freddie shareholders might finally have a reason to smile.
MarketWatch  Jan 5  Comment 
Shares of federally controlled mortgage-finance giants Fannie Mae and Freddie Mac may move on a Thursday speech by President Obama about the housing market.
Motley Fool  Dec 29  Comment 
Fannie Mae and Freddie Mac's largest common stockholder thinks shares could be worth a lot more then they are trading for. Will he be right?
Wall Street Journal  Dec 21  Comment 
Heard on the Street: A coming court decision on Pershing Square’s lawsuit over the mortgage giants could hit their shares hard.




 

I suppose a priapicnl reduction program would be better than nothing, but there is always the risk of unintended consequences or even operational failure when attempting such a specific intervention. Why not let monetary policy do the work in a continuous, predictable, and agnostic fashion? It would deliver benefits not only to home owners, but also by reducing the real return on the many large cash-equivalent investments amassed by corporations like Apple ($60B last I checked), spurring them to put funds to more productive use. And of course, monetary policy can benefit from the Chuck Norris effect. Fiscal policy hasn't exactly inspired such reactions of late.

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