That the Obama administration planned to “wind down” Fannie and Freddie helps explain why the Treasury Department was willing to strip them of the profits needed to rebuild the substantial capital base necessary for the two mortgage Government Sponsored Entities (GSEs) to continue playing their historical role of buying mortgages from mortgage originators as a plan to provide mortgage originators the liquidity need to keep the private middle-income mortgage market in the United States.
Wait–I thought wingnuts hated Fannie and Freddie, and tried to blame the 2008 economic implosion on them?
…oh, why am I looking for consistency from the RWNJs?
Today's InfoWars fantasy is Saturday morning's tweet. שבת שמחה, Javanka!
This is why Wonkville has never allowed comments
Wait–I thought wingnuts hated Fannie and Freddie, and tried to blame the 2008 economic implosion on them?
…oh, why am I looking for consistency from the RWNJs?