Catch a glimpse of vast and deep and intractable and banal misallocation, waste, abuse, and theft.
Fannie and Freddie never had a chance, by corrupt design. It should come as no surprise that abject corruption by individuals accompanied the inevitable enterprise collapse.
Socialism is doomed to fail and fail miserably. Party names do not matter. The current US Congress now prepares to hoist a bipartisan monstrous socialist advance upon the US. We will inherit the consequences even as we vainly attempt to evade the consequences of prior destruction.
Study F.A. Hayek.
Study Ludwig Von Mises.
Study Milton Friedman.
Begin now.
