An Inconvenient Truth - Joe Nocera

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An Inconvenient Truth – Joe Nocera

An Inconvenient Truth – Joe Nocera

Once gain both the twins were part of the ponzi using MERS, exactly as the rest of the other shareholders (Banks) sought it out to be…a Strawman!

NY Times-

There is so much about Fannie Mae and Freddie Mac that we should be angry about.

In their heyday, these strange hybrids — part corporation, part government agency — were the biggest bullies in Washington, quick to bludgeon critics who dared suggest that their dual missions of maximizing profits while making homeownership affordable for low- and moderate-income Americans were incompatible. They steamrolled their regulator and pushed back at any suggestion that their capital was inadequate.

[NEW YORK TIMES]

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