Fannie Mae-No Politics (FNMA)

[geotrade]

These bills are by their nature camels, and many more people seem to be coming around to that fact.. Too dangerous when we are talking about messing the the heart of our financial system. Never gonna happen….

Design By Committee:

The term is used to refer to suboptimal traits that such a process may produce as a result of having to compromise between the requirements and viewpoints of the participants, particularly in the presence of poor leadership or poor technical knowledge, such as needless complexity, internal inconsistency, logical flaws, banality, and the lack of a unifying vision. This democratic design process is in contrast to autocratic design, or design by dictator, where the project leader decides on the design. The difference is that in an autocratic style, members of the organizations are not included and the final outcome is the responsibility of the leader. Design by dictator is the best style to use in an emergency when an immediate decision is needed.

a camel is a horse designed by a committee

An expression critical of committees—or by analogy, group decision-making—by emphasizing the ineffectiveness of incorporating too many conflicting opinions into a single project. In this figure of speech, the distinguishing features of a camel, such as its humps and poor temperament, are taken to be the deformities that resulted from its poor design.