Now the government is taking over Sally Mae and Freddie Mac, previously private banking institutions. We, the taxpayers, will get to pay for this, or more specifically, the Chinese will lend more money for this from the profits they made from $3 a day slave labor, and we will get to pay it off plus interest, along with the stupid Iraq War and the entire planeload of cash that got heisted shortly after Baghdad fell.
The GOP mandate: Borrow and squander, borrow and squander as usual, plus Now Improved with Lemon Socialism!