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Fannie Mae, the one that survived
The '''alphabet''' agencies were the [[New Deal]] programs of the 1930s, typically identified by their initials, such as [[AAA]], [[CCC]], NRA, [[NYA]], [[WPA]] and PWA, FDIC, [[TVA]], [[FNMA]], and many more.
The '''alphabet''' agencies were the [[New Deal]] programs of the 1930s, typically identified by their initials, such as [[AAA]], [[CCC]], NRA, [[NYA]], [[WPA]] and PWA, FDIC, [[TVA]], and many more.
One such alphabet agency which survived, [[FNMA]] commonly known as Fannie Mae, allowed greedy evil [[Wall Street]] bankers to get richer faster by purchasing bundles of home mortgages to [[stimulate]] home sales with federal [[deficit spending]] and create a dependent [[middle class]] on government handouts of cheap, subsidized interest rates.
[[File:Newdealstamp.png|thumb|240px]]
[[File:Newdealstamp.png|thumb|240px]]
[[category:New Deal]]
[[category:New Deal]]