Fannie Mae-No Politics (FNMA)

[Sogo]

I hadn't heard about the FRIC being in that same bill of Corker's. Is it in the same bill?

As you may have heard, there's lots of talk in DC about the gvt taking over our 401ks and IRAs. There's about $19 trillion in Americans' retirement funds, and the massively in debt gvt wants a piece of that. If they have a FRIC in the Corker bill, establishing both the FMIC and the FRIC at the same time with one bill, that would be just the kind of attention getting "big reform" the DC idiots love bc they can pretend to be heros for figuring out something so "big and complex". If it robs us of our money, then it's even better for them.

I'd imagine that if Corker's bill also includes a FRIC as well as a FMIC, then it would be such an attractive bill to the idiots in DC that they wouldn't be able to stop themselves from passing it. It would make it perhaps more likely for Corker's bill to get passed.