4. Lender who were hurt by the actions of prior Congresses who passed laws forcing them to lend to the uncredit worthy are the ones hurting and since we did this to them we should help them out.
there are 2 problems here. 1) freddie mac
2) inflation. and I think we’re only going to see more inflation by bernanke
Certainly this gives the government more of an incentive to inflate. So I too worry about that.