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Freddie & Fanny — Don’t bail them out!

Mark Thornton explains that a bailout/nationalization will only make the problem worse, and even bring on Depression. The only reason answer, consistent with justice and good economics, is a full liquidation of Freddie and Fannie.
… and all the others that are going under in coming weeks…!

Striker:  Collapse began months before this, but this was the first trigger on the double-barrel shotgun

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