Lack of GSE lobbying has been deadly. We've seen how the TBTF and others use the media to tell huge lies about the GSEs. Well, if the GSEs were able to lobby, the false narrative that's out there would've been squashed long ago, and the various bills to kill the GSEs would've gone nowhere. It's like yet another way to see how influential lobbying is when you're on the side that's been silenced.