Replies to post #811759 on Fannie Mae-No Politics (FNMA)

[Rodney5]

You ask "Can a DJT Treasury secretary ignore the CBO math"?

NeoSunTzu Free 01/12/25 1:20 PM
Post #1,856
A couple of other thoughts: the CBO holds no legal, regulatory, financial or any other position of power whatsoever. They are bean counters and usually pretty poor ones at that. Next, unless the Feds are having secret talks or negotiations with institutions they plan to sell shares to, which would yet be another violation of law vis-a-vis current shareholders, who in their right mind knowing how the government has already acted would buy portions of shares produced from the warrants with the government controlling 80% of the companies, which retains the power to force decisions down the companies and our throats once again, still! Planning to take 80% of the companies and sell them over a five year period puts shareholders once again under the boot of the government. THIS IS A NON-STARTER.

[skeptic7]

The CBO is correct at approximately the same frequency as Halley's Comet. I wouldn't want to use them as a benchmark.