while i'm not going to support the privatization of "freddie mac" and "fannie mae", i think that this is a sector where the government has a valid role in, i don't really think that what happened in 2008 had much to do with them, or that predictions of collapse from spinning them off are particularly grounded.
which isn't to say that i don't think the economy is teetering on the brink. i actually do.
but, just to say that when it tips over, you should probably avoid blaming it on this policy.