While all attention is focused on the presidential election currently in progress, and Congress is not in session, important things are happening "under the radar," so to speak.
For example, the Treasury Department has apparently taken important but little heralded action vis-a-vis home finance. See this article in the publication AEI of the American Enterprise Institute for details. Hat tip to Lucianne.com for the link.
The article reports changes have been made which, if Obama is reelected, intend to take Freddy and Fanny back into the warm fold of the government. I conclude this although the article suggests they could also end up as private institutions as Rep. Ryan has suggested.
Somehow I don't see a future Obama administration taking something this big private. Rather it seems one more stealthy step toward giving the feds control of everything important, a la Europa.
