But of course, you knew that 18 months ago, since you read our editorial opposing the plan. Perhaps then you’ll join me in laughing at all the Obama supporters to whom, now that the Treasury Department has essentially come out and admitted it, this is mind-blowing, heartbreaking news.
The Administration’s ‘Foreclosure Prevention’ Plan was Really a Bailout for Frannie, Other Banks
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About the Author
Stephen Spruiell is a former staff reporter for National Review Online.
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