one reason @carney and @Rcwhalen are dead wrong $FNMA
edits... well, anyway who knows who is talking, doesn't matter, point is there are a lot of bullshitters, mulligan too.
Someone wrote a lot of bullshit today, don't act surprised. The truth is that taxpayers have not paid for anything and there not getting paid back for anything. Taxpayers, aka you and me, we did not get a check from Fannie or Freddie, and you shouldn't act surprised because you never wrote them a check to bail them out. In fact, if anything, you were writing them checks to bail you out of your lifestyle predicament where without them you wouldn't have been able to live a better life. Frankly, nothing has changed except there are some people out there who think that they are good with words, little do they know what greatness with words actually is, some things are meant to be ground and pound, but here are people that I am talking about.
John Carney and Chris Whalen both do not understand the difference between the federal government and the people who live within its grasp. The federal government is an idea, written on paper, in a folder somewhere that is comprised of many rules and regulations called laws. There are those from among us that take care to see that for the most part these are widely followed and held to. There are times when people of power make mistakes and errors of judgment. This is one of those times. People of greater power will involve themselves and see to it that things are taken care of appropriately.
The federal government collects taxes. The federal government pays out a lot of money as well for all sorts of reasons contributing to the greater good. Part of the greater good is that it is impossible for the federal government to simply go around robbing its citizenry of their private property as it has come to be. There are laws within the government and people who run it that see to it that this remains the case, after all the fifth amendment defends partial business owners from government disenfranchisement and expropriation without just compensation.
That's all for now! Keep the faith!
Glen Richard Bradford
ps here's carney's piece of shit
http://www.wsj.com/articles/book-review-hidden-in-plain-sight-by-peter-j-wallison-1424820768
meanwhile chris whalen was on fox business thanks to me, making a fool out of himself just as intended!
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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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