Replies to post #777917 on Fannie Mae-No Politics (FNMA)

[FOFreddie]

The 10 year yields turned with the Hamas Massacre - Ackman and others started talking WWIII causing a flight to safety UST Debt and then oil prices and slowing CPI supported the economic cooling chatter to support likely rate hikes. Stating that a complex causal relationship was "ONLY" caused by one factor is almost always certainly wrong but it will take time to prove - like most of your statements will turn out to be wrong - just a matter of time.

[Donotunderstand]

this has not been a good economy - like the 50s and 60s for example for middle middle America

1. Less increases in productivity - for whatever reason - do hold down wages
2. The tax system - which does collect most of its income from the top 20% - needs to collect a TON more from the top 1-2-3-4 % - big time and reinvest in schools and pre school and many things that are considered key public goods for the working middle class

I would love for Republicans today to have the dignity and statesmanship of RR -- but he did start a huge shift in taxation - that builds and builds and builds

a paycheck not stretching far enough is not due to a one time 7% inflation kick for six months