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Re: Robert from yahoo bd post# 768297

Sunday, 09/17/2023 1:51:33 PM

Sunday, September 17, 2023 1:51:33 PM

Post# of 797136
If you were government, and made off with about 90 billion in GSE capital in 2008, to rescue a bunch of under handed banks, but then realized 90 billion was not enough... how much capital would you want the GSE's to have for the next theft/bail out?

The governments suits against the banks were a joke, pennies on the dollar. GSE capital was used to cover the brunt of the malfeasance. If you look up what banks paid up until now, 321 billion. Is it coincidence the GSE'S have been robbed of 320 billion + 90? Where is all that money?
321+320+90=731 billion, dam near 3/4 of a trillion dollars. Yet the current administration managed to add like 3-4 trillion to our debt? Lol lmao.

Yeah, those dreaming that there is no spending problem in DC are holding a gun to our nations head by voting for fiscally irresponsible people, so they can get their big screen. I expect more downgrades to the US credit worthiness.

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