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Monday, June 24, 2013 10:48:36 PM
As you pointed out, there have been other proposals presented and yet....still there they are. This is a charade! It's been an ongoing government orchestrated charade thus far anyway, but the pressure cooker is getting hotter as profits and public awareness are in high gear.
IMO all proposals thus far have been for selling the rouse to the public. Now there will be one of two things done;
Perhaps a clever tact that absolves the politicians of looking like Salem witch hunters whilst transferring liability to the soon to be very profitable banks? Yes, probably. Or stacking class action lawsuits, and civil rights violation charges in federal court that will be great during the 2014 election year for both parties as the mud will surely fly? Oh yeah, and the potential collapse of the entire economy to boot. Am I missing something?
It's very arrogant of someone to assume that anyone needs their hand held here much more so by self appointed and delusional prophet. Thanks but I will keep my "profit" instead.
$FNMA
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