Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.
🧠Life & Philosophyglenbradford-wordpress

listening to an engine suck wind

Glen Bradford
Glen Bradford@DoNotLose
·1 min read

Chains only become frustrating if they prevent you from going somewhere you want to go, but if you’re just fine where you are and never test the limit of your freedom (one of which is having to show up at a certain place and perform certain work on a certain place 5 days of the week for all but two weeks per year) you might never even realize they’re there. This is much different than the Roman era when some part of the population were slaves. Slaves were owned by other people. However, we have financialized slavery or work, that is, we have turned it into a financial product, called a job, which can be bought and sold by investors and filled and changed by workers through a process known as writing resumes and interviewing. We have also pretty much eliminated any conditions on who can buy and sell jobs—not quite so on who can hold them which means, somewhat ironically, that having a job is considered quite a privilege these days.

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Glen Bradford

Glen Bradford

Investor · Builder · Writer

MBA from Purdue. Former hedge fund manager. Holds 26 series of Fannie Mae and Freddie Mac junior preferred stock. Built Cloud Nimbus for Salesforce consulting. Author of Act As If. Writes about investing, building things, and the longest financial fraud in American history.

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Disclaimer: This blog post reflects the author's personal opinions at the time of writing and is not financial, investment, or legal advice. Glen Bradford holds positions in securities discussed on this site. Past performance is not indicative of future results. Do your own research and consult qualified professionals before making investment decisions. Some content on this site was generated or edited with AI assistance.