Replies to post #610952 on Fannie Mae-No Politics (FNMA)

[mrfence]

That's the truth...

What these hare brained bureaucrats do not understand is, during crisis no amount of private capital will enable FnF to provide unlimited liquidity. It is only Gov/Fed that can provide unlimited liquidity during crisis. This is what happens in every crisis.

FHFA bureucrats are worse than idiots, to come up with all these meaningless capitals rules.

It's also true the Government is the creator of all such crisis starting with the creation of a debt based Monetary System Monopoly known as The Federal Reserve, a private for profit corporation with ZERO REGULATION! They answer to no one but themselves and have total control of our economy. Who protects the taxpayers from their perversion of the National debt??? What's their Capital rule??? Answer: Zero!