Summary
We all know the Government is attempting to stabilize housing, financial markets and the economy in general. From a macro perspective, we can continue to discuss the merits or lack of same to these programs, the propriety of such intervention and the potential consequences.
Analysis
Notwithstanding some thoughtful commentary by other contributors on this particular article (and similar pieces), the general overview(s) sometimes provided within such articles make it rather difficult to assess/suggest the impact. In many circumstances we have other resources to draw upon, but apparently not yet with this announced funding. Every Government agency (or "quasi" as Fannie/Freddie) is "taxed" right now and to discuss the capacity of a particular agency or particular assumed "bookkeeping processes" deludes from the real need to evaluate the particular proposed intervention once details are provided.
