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Re: Donotunderstand post# 685605

Thursday, 06/24/2021 3:29:09 PM

Thursday, June 24, 2021 3:29:09 PM

Post# of 800476
The fundamental problem is that the government has the best of both worlds, TOTAL CONTROL OVER EVERY ASPECT OF THESE FORMALLY PRIVATE ENTITIES (INCLUDING THEIR PROFITS) WITHOUT ANY OF THE $7.1T OUTSTANDING OF MBS LIABILITY SHOWING UP ON THEIR BALANCE SHEET. I wonder if Moodys and/or S&P will eventually put the US Government on a negative watch if it drains anymore of the entities capital and directs it to the latest politicians pet project?