InvestorsHub Logo
Followers 27
Posts 4432
Boards Moderated 0
Alias Born 02/19/2020

Re: TRCPA post# 650384

Wednesday, 12/09/2020 9:48:03 AM

Wednesday, December 09, 2020 9:48:03 AM

Post# of 801586
I see a third tricky issue...if the NWS gets canceled and other things happen to move us toward release, what happens to fhfa? I mean, come on, pretty much everyone realizes fhfa is funded via GSE profit theft, so how do they still exist once a consent decree gets put in place? Congress will then have to provide funding and is probably why all of Congress was against cooperating with release for all these years. So not only an Obamacare slush fund but also an fhfa slush fund.

Congress will be under pressure to find funding for these two big expenditures very soon.