MSNBCW The Dylan Ratigan Show April 16, 2012
are demanding that taxpayer-funded fannie and freddie, our money at the government, do more to relieve struggling homeowners. they say they want some of the mortgage debt that we own of our own money that the government canceled. they say we'll help stabilize the housing market and help at-risk homeowners. remember, fannie and freddie own 60% of our mortgages. in turn, it means you and i and the taxpayers own our own debt, if that makes any sense. so the good news is we're actually negotiating a debt restructuring, theoretically, with ourselves. make no mistake, unless this housing d...
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