Episode 224 • • 1:40:50 - 1:42:30
224: Let Them Eat Hot Pockets
Mortgage Forgiveness, Fannie Mae and Freddie Mac
Rumors suggest the Obama administration may order Fannie Mae and Freddie Mac to forgive portions of mortgage debt for millions of "underwater" homeowners. Critics view the potential move as a massive bailout and a political bribe ahead of the upcoming elections.