How to Get Housing off Government’s Juice: Peter J. Wallison

In a year when angry voters are demanding a reduced government role in the economy, it is remarkable that most of the ideas for supplanting Fannie Mae and Freddie Mac are just imaginative ways of keeping government in the business of housing finance.

While the Obama administration has not yet outlined its own proposal, Treasury Secretary Timothy F. Geithner has already signaled that the government will continue to have a role.