Friday, February 03, 2023 10:24:35 PM
The government is teflon... nothing sticks.
They can do anything they want and nobody can successfully challenge them becuae its a stacked deck.
Receivership isn't necessary to screw the prefs... all they have to do ... is do it.
But will they?
This is why all the bickering with or between common and preferred is silly. Cause simply the government can ... because they have ALL the rights of all the shareholders... and contracts to them mean nothing.
So yes they can scew everyone... equally.
Don't believe it... just watch...
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