Replies to post #617220 on Fannie Mae-No Politics (FNMA)

[trunkmonk]

in that case commons have nothing to worry about.

I have actually found Calabria to be remarkably consistent in what he says, regardless of the audience. He does have a penchant for underestimating how long things will take, but he knows HERA backwards and forwards, and his words conform to it.

@MarkCalabria
·
Jun 17, 2015
To my GSE shareholder friends, it is possible for you to have been screwed over & for the basic GSE model to be bad public policy.

[TRCPA]

You're entitled to push back on how well common shareholders will do. But that is just entering in an unrelated opinion.

My point was simply that Calabria made it clear to the CATO Institute that it was up to the GSE's to do their own capital raise. He could have also easily followed up with a statement about his approval requirement. But he didnt.

He did do that with Gasparino, however.

I also recall him resoundingly responding to an anti-GSE congressman in a congressional hearing with a statement that the GSE's should have been in receivorship.

There have been other instances of this too.

It's just the manner of the man. Also reminiscent of the VP Pence who Calabria used to work for.... who promotes mask wearing to the public as head of the coronavirus task force, yet steadfastly goes out in public without one himself.

The term "intellectual dishonesty" comes to mind. Or perhaps hypocritical might be more accurate.

[FFFacts]

1) I have actually found Calabria to be remarkably consistent in what he says, regardless of the audience. He does have a penchant for underestimating how long things will take, but he knows HERA backwards and forwards, and his words conform to it.

If anyone who actually follows Calabria and his actions they know that he is absolutely consistent. He may say a few things that come across to the incompetent person as detrimental but it is not.