Life's Better Ideas

Occasional links to, and comments on, ideas that I think will make this a better world, and remarks about things that need fixing, too.

Location: Denver, Colorado, United States

Tuesday, July 29, 2008

Fannie and Freddie

Steve Forbes, in his latest column in Forbes magazine, suggests breaking up these two failures into 10-12 smaller, and private, companies. I'm not real wild about bailing them out to the tune of, says Steve, $300 billion or so. But he thinks the taxpayers could get their money back. What I would add to his plan would be to divide the country into 4 regions and put 3 of the new companies into each region so they have some competition.


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