Treasury’s September 7, 2008 nationalization of Fannie Mae and Freddie Mac was planned well in advance http://finance.yahoo.com/mbview/threadview/;_ylt=AkFoulgOQjhVAn2C3qoImHfeAohG;_ylu=X3oDMTB2N3F1dm02BHBvcwM0MARzZWMDTWVkaWFNc2dCb2FyZHNYSFJVbHQ-;_ylg=X3oDMTBhYWM1a2sxBGxhbmcDZW4tVVM-;_ylv=3?&bn=e0e2b58d-64fb-37a2-9273-29a5ce093d80&tid=1421423671455-e448327a-87b6-42c7-bec0-18338c0671a1&tls=la%2Cd%2C7%2C3 Way back in the Clinton Administration with Barney Frank & Nancy Pelosi "Homes for all" policies.
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