Tuesday , July 14 2020
Home / David Stockman /Here They Go Again! Fannie/Freddie Are Inherent Wards Of Uncle Sam—He Should Keep The Profits Or, Better, Abolish These Government “Bureaus”,

Here They Go Again! Fannie/Freddie Are Inherent Wards Of Uncle Sam—He Should Keep The Profits Or, Better, Abolish These Government “Bureaus”,

Summary:
........are expected to start keeping their earnings as early as this week, pausing a yearslong arrangement in which they handed nearly all of their profits to the Treasury Department. The move, in an expected agreement between the Trump administration and their federal regulator, would be an initial major step in allowing the companies to build up capital so they can operate as private companies again. https://www.wsj.com/articles/fannie-freddie-poised-to-keep-profits-in-an-initial-privatization-move-11569157202?mod=djemwhatsnews

Topics:
David Stockman considers the following as important:

This could be interesting, too:

David Stockman writes Behind The Great Covid Deception: Big Pharma Drooling Over Expensive Treatments Costing Hundreds Of Billions

David Stockman writes Forget The Democrats—They’ve Abandoned Democracy

David Stockman writes Vote (By Mail) Early And Often: The Tail Of A Dead Cat Named Cody

David Stockman writes Wake Up, Donald, You Ain’t No Tom Paine

........are expected to start keeping their earnings as early as this week, pausing a yearslong arrangement in which they handed nearly all of their profits to the Treasury Department.

The move, in an expected agreement between the Trump administration and their federal regulator, would be an initial major step in allowing the companies to build up capital so they can operate as private companies again.

https://www.wsj.com/articles/fannie-freddie-poised-to-keep-profits-in-an-initial-privatization-move-11569157202?mod=djemwhatsnews

David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

Leave a Reply

Your email address will not be published. Required fields are marked *