"IMHO, FHFA is just a largely useless bureaucratic hydrocephalus with an estimated 700 redundant employees whose paychecks needlessly delay recapitalization."
To anyone pro-government: Any Bureaucracy is NOT useless but the purpose for all. Please note that those not for perpetual growthare usually painted as pariahs by the media, Universities, elites, professional class....
To anyone pro-government: "we don't lose sleep over the shareholders." They blame the grocery stores who operate on 1% gross margin for the huge step in food prices (Warren). They push "brilliant" ideas of taxing unrealized gains either stupidly misunderstanding the idea of market cap or evilly intending to crash all asset markets. I can't imagine Senator Wyden fits in either category but that was his masterpiece.
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