Their unique clout derives from a combination of liberal ideology and private profit. Fannie has been able to purchase political immunity for decades by disguising its vast profit making machine in the cloak of "affordable housing." To be more precise,
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That alliance is now getting ready to reach into our pockets again,
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Reach in Closet Ideas, in the form of both federal guarantees and perhaps even an injection of capital.

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As studies have shown,
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The abiding lesson here is what happens when you combine private profit with government power. You create political monsters that are protected both by journalists on the left and pseudo capitalists on Wall Street,
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