Replies to post #549061 on Fannie Mae-No Politics (FNMA)

[chessmaster315]

The government wont be hurt paying shareholders the billions they are due.
Instead, the government makes money paying us.
Why? Its called the velocity of money.
https://www.aier.org/article/what-money-velocity-and-why-does-it-matter?gclid=CjwKCAjwnf7qBRAtEiwAseBO_G5ZOsLC8UjvLf9iFtU9B66GqUBBmOYDjHBv2epnW79BzOWI7tX8VRoCdXUQAvD_BwE

In a nutshell, each dollar is spent about 7 times per year on average. Most of the time, that dollar will be taxed. (Exception is when drug dealers get the money and send it overseas)

However, it means that its taxed about 6 times per year. So, at an average tax rate of 20 percent, each billion injected into the economy returns 1.20 billion in revenue for the government.

[jog49]

"I think that En Banc is very carefully weighing the options so as to not damage the government too greatly."

If that's the case then, it's not justice served but justice bent. If shareholders were rooked out of a dollar, justice would see that the dollar is returned, not 75¢. Not just the Collins case but justice in general, seems law and order has left the building with Elvis.