What is the point of writing that there is no point in clicking the link?
A) It's stupid and untrue. There are plenty of people who haven't seen that video and plenty more who've seen it but haven't understood it.
B) You confuse readers between the TWO videos. One is well-known. The second - possibly more important - is not.
F.C., there are a lot of things in your posts that I find perfectly extraneous, but I do not make an effort to point them out because that would be stupid and uselessly obnoxious. I am not of the opinion that I am your editor. Possibly you think you're mine. You're not.
Finally, to your question: there will not be any reduction in the GSE's holdings - ever.
Even the right-wing Fannie/Freddie haters at Treasury will grow the institutions by 10% in THIS plan, and the notion that they will then be putting a more than a half-trillion dollars of credit enhancement out to the market each years is an idiot fantasy.
The GSEs will grow because they are the right way to do this business - witness the utter failure of the private credit enhancement system.
by
dlaw on
Sun Sep 07, 2008 at 11:39:28 PM PST
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