Wednesday, October 28, 2015 1:10:57 PM
Found it dated back to 2013. Some interesting facts about Taxpayers risk reduction.
http://budget.house.gov/news/documentsingle.aspx?DocumentID=364040
Real reforms:
- Taxpayers shouldn’t have to bail out private companies’ pension benefits. That’s why we ask private companies to cover more of the cost of guaranteeing their pension benefits. That would protect taxpayers and save $7.9 billion.
We are well know that many pension funds were deeply invested in GSE because it was highly reliable source to keep money for after retirement days + interest/dividend. Unfortunately they were screwed up.
And now, talking about protection of Taxpayers it is the same as "looking for the drop of water in the deep ocean".
If Govt came with such agreement they could easy release FnF from C-Ship but they didn't because a holly caw could remain forever an excellent cash machine.
In my eyes - Their legislation and agreements worth zero because it has never been taken to a real levels to fix something.
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