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big-yank

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big-yank

Re: Hey_Its_That_Guy post# 320060

Thursday, 11/05/2015 5:12:25 PM

Thursday, November 05, 2015 5:12:25 PM

Post# of 796687
NO! Replay Michael Capuano's session with Jack Lew on Capital Hill. The term "loan" was NEVER used in conservatorship or bailout texts. Lew set the record straight, as Stegman recently reiterated, as have so many others in between them.

The SWEEP is to pay for the government backstop. The 30-year backstop continues. So does the sweep. Got it?
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