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Re: A deleted message

Wednesday, 02/15/2017 8:15:01 PM

Wednesday, February 15, 2017 8:15:01 PM

Post# of 794256
the companies earn a spread based on the difference between the US government's credit rating and taxpaying homeowners' credit rating. there is no room for shareholders in that spread equation.
additionally, the companies put an enormous stress on the credit rating of the US government. Government must be compensated for taking that credit risk. Thus all profits are the government's.
Ask Chris Whalen, Kroll Bond Ratings.