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Five years ago, Republicans proposed "the most significant regulatory overhaul in the housing finance industry [in a decade]." (Source: New York Times) Democrats on the House Financial Services Committee blocked efforts at fixing Fannie and Freddie. Rep. Barney Frank (D-MA) said, "Fannie Mae ...
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A short history of Congress, Democrats, Republicans, Fannie, and Freddie
neo-neocon — Send this to everyone you know. It’s short and sweet. This is also worth a view. Or two. [Hat tip: The Anchoress.]

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