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Mortgage Bailout Unsound – What Will Be Cost?

July 26, 2008 by Cato  
Filed under Affordable Housing, Corruption, Economics, Liberalism, National Politics

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Hans Bader at OpenMarket.org reports that the bailout of Fannie Mae is structurally unsound. Just as distressing is the fact that the announced $25 Billion price tag is a “Wild Guess” at best.

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