President Obama will reveal his latest green parachute — the mortgage bailout plan — today in Mesa, AZ. The plan is expected to include renewed participation by Fannie Mae and Freddie Mac. Over nine years ago on September 30, 1999, the New York Times ran a news article written by Steven A. Holmes and headlined Fannie Mae Eases Credit to Aid Mortgage Lending. It would appear the New York Times’ crystal ball was working then.