Fannie Mae needs another $15 billion to cover losses due to loaning money to people who couldn’t afford to pay it back — and that’s just from this last quarter.
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It ain’t over yet.
The Dukes of Moral Hazard
Steve launched VodkaPundit on a well-planned whim in 2002, and has been with PJ Media since its launch in 2005. He served as one of the hosts of PJTV, a pioneer in internet broadcasting. He also cohosts "Right Angle" with Bill Whittle and Scott Ott at BillWhittle.com. He lives with his wife and sons in the wooded hills of Monument, Colorado, where he enjoys the occasional adult beverage.
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