Fannie Mae and Freddie Mac: Avoiding the Next Big Mistake

As the feds propose a government takeover of Fannie Mae and Freddie Mac, the Heritage Foundation has a new WebMemo on what to do an what not to do.

Interstingly, a government takeover is #2 on the "things not to do list", following number 1: Don't Do Nothing.

John Lott has more on reforming Fannie Mae and Freddie Mac.