The Death of a Myth?

First, the U.S. Treasury nationalized Fannie Mae and Freddie Mac, which hold over $5 trillion in combined assets and guarantees most of the mortgages in the country -- an implicit acknowledgement by the government that the mortgage market is broken.

We've overthrown regimes and threatened others with military action for nationalizing industries. When other governments do it, it's evidence of their evil, socialist heart. When our government does it, it's necessary.