Monday, November 06, 2023 9:51:56 AM
As a matter of fact, the government take over did more to the destruction of shareholder value than any housing crisis did in 2008. The GSE's stock plummeted and investors pulled all their capital, so government has the affect of making a bad situation tons worse by taking over anything that should be left to the capitalist system in place.
This will be the hardest issue for the government. The smart and honest folks will say, let's put them back private, with the right guardrails and leave them be. It's the greedy, constantly conspiring idiots, crooks who keep chirping the governments repeated dogma on this. It's not that things can't be got past, it's because the crooked swamp politicians don't want to get past it.
“If liberty means anything at all, it means the right to tell people what they do not want to hear.” “I disapprove of what you say, but I will defend to the death your right to say it.”
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