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Howdy. We've moved from Cayce, but St. Elizabeth of South Rose Hill or Lizette de Waccamaw de Sud just don't do it for me.

Monday, October 13, 2008

Fiscal True confessions

As the financial apocalypse gets ever closer, it's time to fess up to some ignorance (but I'm looking for others like myself.)

Am I the only person who didn't know until a month or so ago that Fannie Mae, Freddie Mac, and the Federal Reserve were NOT parts of the US government?

1 comment:

Anonymous said...

well I knew 1 of the 3 was not in any way, but as I understand it 2 if not all got a charter form the government so it is interesting to say that they are not part of the govt. Then again PAC's are not part of the gov't they just throw a lot of money to the people who make decisions in the gov't.