MC removing Gov backstop and placing radical 'Homes For All' housing policies squarely on the shoulders of investors who have no say in these doomed to failure policies that WILL bring on another crisis. We've been thoroughly hijacked. Reading between the lines of the slippery eel's mouth.
The new resolution rule will protect taxpayers from another Fannie and Freddie failure. But it can’t protect the GSEs or the broader housing market from a crisis. Only private capital can do that. The time is long overdue to ensure the long-term stability of America’s housing market. The current boom won’t last forever.
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