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JSmith5

12/05/22 6:10 AM

#741602 RE: Achilles deFlandres #741599

The point is that $100B is small



Realistically, an additional 100B is not going to help much in terms of the Federal Budget or, even less the debt or is some plot on the part of the bureaucrats to grow from GS 13s to 14s.

Its about ensuring control over housing finance to make sure things don't go into the toilet like before. This part of what HERA is all about.

The issue is, who is going to pay the price for the way things are - a perpetual conservatorship. For the answer to that, we have to look in the mirror.

Nats
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Donotunderstand

12/05/22 9:31 AM

#741607 RE: Achilles deFlandres #741599

not sure I understand the below

Constantly it is written that money is why the Government needs to keep the GSEs in the conservatorship

If by that you mean the dividend is cash to the GOV it must have --- then I agree that is nonsense
Those who post it was to secret money to pay for ACA do not know this is the hair of the tail of the big dog cost AND APPROPRIATED TAXES for the ACA

The one that makes sense - RE MONEY - is the GOV argument (while false IMO) that the markets demand a GOV GUARANTEE or hell will break lose. I think such Guarantee reduces cost of capital/new funds for F and F but that is the limit of its value now. That said - if GOV wants - after F and F have 100B in reserve and GOV made $100B to keep the guarantee "for show and confidence" I agree 100%