The Debts of the Spenders: The True Costs of Fannie and Freddie Bailout

Politics are notorious for including low balled financial figures to get bi-partisan approval. Today's Housing bill is no different. The CBO's figures are sickeningly rosy. Expect the true cost of the bailout to show itself by the end of the summer.

http://finance.yahoo.com/tech-ticker/article/41887/Housing-Bill-Better-Than-Nothing-But-No-Cure-for-Still-Ailing-Market?tickers=FNM,FRE,XLF,XHB