gspn (Greenspan) believes that the most essential feature of the American dream, that cutting out its heart would be good for the economy and the future stability of the American economic system. His constant tirades, rants, raves and testimonies regarding how they should appoint a Federal Monitor / Secretary / Cabinet Minister over these "defacto pseudo governmental private sector liabilities" so that they would be accountable to someone other than themselves -- threatens the free and smooth flow of mortgage monies that we have all become accustomed to expecting will be available when we purchase, refinance or acquire properties. That was a whole lot to say. Let me dissect it: 1) the contention is that these private firms (FNE, FRE, SLE, and similar pseudo governmental agencies) represents an unfunded potential liability to the Federal Reserve, Interest rate policies and a potential cause of a true 1929 style Depression 2) that these firms do not represent themselves correctly 3) that the implicit relationship between them and the market's perception that the Gov't will step in to bail them out in cases of default is not based upon reality, and would cause further devaluation to the US Currency as a world currency, in cases of default 4) that the policies of the previous administration to make sure that more citizens own homes no longer should be supported, by challenging the manner in which those loans are remarketed and hence more monies made available for loans Listen, there are some serious issues being challenged, especially since Howard Dean took a major swipe at GSPN's political involvement in the policies of government as an unelected official. Dean contended that GSPN's policy making speeches were way beyond his authority and charter to be concerned with just the Currency, Interest Rates, Monetary policy and the Federal Reserve. Gspn took a major blow to his 71 year old pride, and has been angry in attacking anything he can get at. Did you notice these changes in the markets?, economic policy and their impact upon interest rates and such?