No sense beating around the bush. Should the government be bailing out Fannie Mae and Freddie Mac?
Yes, say those who think the financial markets needed to be reassured.
No, say those who suggest it’ll force more banks to fail.
Yes, say those who want to refinance or buy a house.
No, say those who think it amounts to American taxpayers bailing out the rich boys.
Yes, say those who say it’ll stem the crisis and turn things around.
No, say those who say the crisis is coming anyway.
About the blogger
Bob Collins has been with Minnesota Public Radio since 1992, emigrating to Minnesota from Massachusetts. He was senior editor of news in the ’90s, ran MPR’s political unit, created the MPR News regional website, invented the popular Select A Candidate, started several blogs, and every day laments that his Minnesota Fantasy Legislature project never caught on.
NewsCut is a blog featuring observations about the news. It provides a forum for an online discussion and debate about events that might not typically make the front page. NewsCut posts are not news stories.