It’s always nice to be reminded of how far we’ve come since the dark days of 2008/09 ,when American plebs involuntarily bailed out the oligarchy generally, and Wall Street specifically, to the tune of trillions. Sure, all the gains went to the 0.001%, but the wounds have healed, and we’re in the midst of a stellar economic recovery.
The latest proof of how far we’ve come was laid bare by an article in the Wall Street Journal:
Mortgage-finance companies Fannie Mae and Freddie Mac could be at risk of needing more government bailouts, a watchdog said in a report set to be released Wednesday.
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