Derb, I obviously agree with you that the Freddie thing is quite bad. Fannie and Freddie got so big that they, in effect, ate Washington and then the housing market. Newt lined up for the gravy train. This is just one instance of Newt’s famous “baggage.” On the other hand, I watched him on C-SPAN last night at a Union Leader editorial meeting for about an hour. He’s one of the few politicians in the country who makes you want to stop and listen to what he has to say because it’s actually interesting.
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About the Author
Rich Lowry is the editor in chief of National Review.
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