News of a government takeover of ailing mortgage giants Fannie Mae and Freddie Mac reveal just how dire the Administration sees the ongoing housing and credit crises. Diane and her guests discuss the move by the Treasury Department and what it may mean for the health of the nation’s economy


  • Rea Hederman Is a Senior Policy Analyst with The Heritage Foundation.
  • Greg Ip U.S. economics editor, "The Economist"
  • Jared Bernstein Chief Economist and Economic Policy Adviser for Vice President Biden and Executive Director of the Vice President's Middle Class Task Force.

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