http://seekingalpha.com/article/210704-the-5-trillion-bet I'm not sure if this guy is right, didn't fanny and freddie really have most of the risk anyway? Well now we seem to be bag holders for sure. Another $5T of shitty loans we could end up backing up. What the hell is happening in Washington? It feels like either desperate politicians or cunning leftists. Seeking Alpha is a very bearish site, but I'm starting to think most of what they are saying is going to bear out (pardon the pun) in the next 20 years. Things are changing fast, history tells me that not for the better.