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Re: kthomp19 post# 606487

Monday, 04/27/2020 12:13:42 PM

Monday, April 27, 2020 12:13:42 PM

Post# of 797221
Thanks for the reply

What precedence to you think this might be for other companies taking money from the US Treasury?

If the US Treasury invests in airlines and oil industry companies, perhaps a future US Congress passes a version of the Green New Deal whereby the Department of Energy has the right to sweep all future profits to pay for mitigating climate change?

Isnt there a dangerous precedent here with what was done with HERA? When capital was raised with the massive JPS offerings - OFHEO was the regulator and then FHFA became the regulator with vastly different rules and capital standards? Dont you see a dangerous precedent here going forward?