This is one of those ideas that 9 times out of 10 turns out okay but the tenth time it’s a disaster for the ages. *TRUMP SAYS HE'S CONSIDERING BRINGING FANNIE, FREDDIE PUBLIC - ThreadSky

peark.es • 32 days ago

This is one of those ideas that 9 times out of 10 turns out okay but the tenth time it’s a disaster for the ages.

*TRUMP SAYS HE'S CONSIDERING BRINGING FANNIE, FREDDIE PUBLIC

Comments

tuckfriendly.bsky.social•32 days ago

Trump: I'd like to welcome to the oval office, Fannie and Freddie. Come on in guys.

SMiller (sotto voce to Trump): (inaudible)

Trump: What do you mean they're not real people? You mean they're like Grimace?

nateingram.bsky.social•32 days ago

Requires an act of Congress, not so sure they can get the votes for this

peark.es•32 days ago

Yeah tbd.

arthurfrayne.bsky.social•32 days ago

let me guess - it's bill ackman's birthday

nnnn.bsky.social•32 days ago

To quote Krurgman, why wouldn't you want the business of lending to be flat out "boring"?

ibitpichu.bsky.social•32 days ago

FFS

statsboyandi.bsky.social•32 days ago

So if I understand him correctly, this would just be ending the conservatory and returning us to pre GFC version?

chapstickmamba.bsky.social•32 days ago

bringing them public? does this mean taking them public?

isaiahbishop.bsky.social•32 days ago

Im worried someone has told him they set interest rates

snabbkassa.bsky.social•32 days ago

Most of the privatizations the Tories did in the UK were sold too cheap so the market soared on day one. Russia's privatizations were a disaster, with most citizens giving their share certificates directly to the mob because they had the smuggled western goods.

bryanquinn1981.bsky.social•32 days ago

Protecting crypto, wrecking full faith and credit, ending the US-centric global trade and banking system, loosening post-2008 bank restrictions, AND this? Do we even have the word in English for the potential levels of depression?