Comment Re:Fannie Mae/Freddie Mac HOLY CRAP (Score 1) 355
From his testimony: "At best, this mixing of private and political incentives creates marketplace confusion; at worst, it leads to a serious misallocation of capital and an increasing risk for American taxpayers."
Isn't this pretty much what every classical liberal, libertarian, or generally right-leaning economist has been saying since the advent of their respective positions? This guy was hardly on to something novel.
