Your hearing the government has bailed freddie and fannie out. The government may pay as much as 200 bil dollars over the next 5 years. The government will run it for a period of time. Well think again. Its the government trying to cover up its own and stupid peoples mistakes at the harm of our children and grandchildren.
So markets will ride high for a while until the bill has to be paid. And it will not be paid by the government, but by the people. A real low point here in our history folks......no matter what the government says.