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Monday, August 23, 2021 9:08:55 AM
Midterms very possibly brings a totally new "look and feel" to the current Clowngress and Senate. Lameduck will absolutely be in the cards, especially now after embarassing the USA in front of the world and backstabbing our allies. If Biden is lameduck from 2022 midterms until 2024 then nothing happens or gets done, no way he could executive order us released with the current cluster fuk of a legal mess going on.
If a Republican gets elected president in 2024 then we have a 50/50 chance on whoever that is, reinstituting what the Biden administration has done with everything, including the GSE's. So we could be looking at the M. Calabria cap rule, maybe the G-fee coming back under GSE profits instead of government stealth tax, AND most likely, right off jump start, a brand new FHFA head or elected board. I'll guess an elected board since an elected Republican will consider existing rulings.
So we play the 3 step watusi (one step forward, two steps back) for God knows how long unless the new guy in 2024 makes us the top priority. Don't know if I see that happening though.
This all JMHO and just me and my magic 8 ball making future predictions lol. I stand long and strong with the hope that smarter more moral heads prevail in DC after midterms and a Republican House and Senate will strongly help move GSE's out of our hell hole. That is the path I see.
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