Since it's working so well...

[☭proletarian☭]

Sixteen months after they were seized to prevent their collapse, the companies remain wards of the state, running a tab that has now exceeded $125 billion in what has become the single costliest component of the federal bailout for the financial system...

Moreover, the companies are helping the administration pursue policies designed to make new homes more affordable,

Isn't trying to sell homes to people who couldn't afford them a big part of how we got into this mess in the first place?


Fannie, Freddie?s $125 billion tab still growing - Washington Post- msnbc.com