Tuesday, November 24, 2020 3:06:40 PM
Attention: Jacob Passy
Please do at least basic research before speculating on Fannie and Freddie disrupting the mortgage market. Where were you all when the federal government in 2008 told the American people Fannie and Freddie were adequately capitalized? Then with warning only to their favorite Hedge Funds, seized both private shareholder owned corporations in a brazen Putin’s Stassy pinko commie like nationalization. The government used an accounting trick adjusting both companies deferred tax adjustments to make it look like they were in a “death spiral”. After they committed the most “Un-American thing I have ever seen” what to do with ~$6 Trillion dollar debt the government would have to put on its books? Well they simply kept the shareholders around to hang the debt on! Everyone in government and in the Media parrots rule of law and standing for the truth, well what then for the thousands and thousands of the Mom and Pop investors that had invested their retirement in 2 of the most profitable corporations per employee in the WORLD! Have you perused any of the hundreds of court documents where Judge Margaret Sweeney compared the governments action to the MOB!
Ask yourself, have you been completely brain washed on this with all the government narrative spin demonizing the Fannie and Freddie shareholders as Hedge Fund speculators! Why are Tesla shareholders golden and Freddie and Fannie shareholders held in disrepute!!!
Please investigate a lot further and feel free to ask government officials to elaborate on these important issues and why they haven’t asked law enforcement to investigate. The truth will set us free!
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