I support the privatization of many things the government undertakes. We need a smaller, smaller, more efficient government. Privatizing Fannie and Freddie would be a great start. I mean, can you name anything besides military that the government is good, fast and efficient in carrying out?
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Why not eliminate it and let the free market work?
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Fannie Mae & Freddie Mac's have been part of the governmental system & investment $ return for so many years that in effect privatizing would seek out a varying composite for the two...
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The government should not be in the business of home loan business. Home loans should be issued by financial institutions who understand the free market system, without the government telling them who should or should not be able to buy a home. Home loads should only be approved to individuals who qualify for the loans and…
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This is like closing the barn door after the horse got out. The federal government should never have gotten into regulating the mortgage industry. Like so many other good intentions, FNMA and FHLMC were supposed to insure mortgages made by lenders to protect them from any losses due to foreclosures. They set the underwriting guidelines…
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Better to privatize Freddie and Fannie than to have them remain a part of government.
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Private industry can usually outdo government in most situations. I think it is a good idea.
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It couldn't be any worse. Smaller government.
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My observations have convinced me that the government does a better job of overseeing businesses than it does overseeing itself. If I am correct, and history seems to support my observations, then privatization is the way to go - not to mention that housing isn't in the Constitution (pace FDR). We also need to stop…
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I am in favor of the government privatizing everything within its reach. We all know that the private sector only has 2 choices, success or failure. Once and Done. The government never realizes a failure. You know the insanity rule, doing the same thing over and over in hopes of a different outcome. That's the…
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