Published by The Daily Caller
“Re·cid·i·vism [ri-ˈsi-də-ˌvi-zəm] noun: a tendency to relapse into a previous condition or mode of behavior; especially: relapse into criminal behavior.” — Merriam-Webster’s Dictionary
The infamous government-backed mortgage finance behemoths, Fannie Mae and Freddie Mac, want more money from taxpayer coffers to continue funding the exact same activities that helped bring the economy to its knees.
As if $145 billion wasn’t enough already, last month Fannie and Freddie requested an additional $20 billion bailout from the US Treasury. Better yet, the Congressional Budget Office estimates that they’re going to need $400 billion more — enough bailout cash to give $5 to every person who’s ever lived.
The American people are tired of this madness, and, as a young person, I don’t want to be stuck paying for these bailouts the rest of my life.





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