Dishonest & beneath you. Taxpayers received a greater ROI on the GSE investments than in any other investment since the crisis, maybe since the Louisiana Purchase. More, this was an tax bill related accounting write down - nothing more. @RepHensarling You can't make up facts!
"After footing the bill for the costliest bailout in history, taxpayers are sick and tired of getting ripped off by Fannie and Freddie and then scolded by GSE apologists when they complain. Americans deserve better." -@RepHensarling. Full statement: http://bit.ly/2HdobFU
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Sad and frankly epitomizes what is wrong with DC. Next gen is on to their games.
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Hensarling really is a piece of work. If the admin and congress didn't steal from shareholders or deplete them of capital so that tbtf banks can take over, there wouldn't be a draw. Retire already!
#fanniegatepic.twitter.com/wz5HRVJ5wP
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How dishonest of you. Fannie and Freddie can well pay their bills if the treasury were not taking all thier profits. Your totally dishonest assertion about these companies is why Americans distrust their elected officials. SHAME ON YOU!
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Then why didn’t you let them retain their earnings after repaying taxpayers and allow them to build a capital buffer years ago
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@FinancialCmte People aren’t stupid. This “bailout” has made billions for taxpayers.@RepHensarling No one likes bailouts, but you haven’t complained when profits are forked over to Treasury each quarter, the same profits that would’ve prevented this bailout.Thanks. Twitter will use this to make your timeline better. UndoUndo
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The FDIC just documented who really caused the 2008 mortgage crisis & surprise surprise it was TBTF banks, Wall Street, and the PLS market - not the GSEs! https://www.fdic.gov/bank/historical/crisis/crisis-complete.pdf#page=57 …pic.twitter.com/Kp93h3L0XO
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Wrong - guess who really got the largest bailout & easiest terms (hint, not GSEs), u must include Section 13(3) of Federal Reserve Actpic.twitter.com/db5NelzNFH
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Who's loans had the highest level of underperformance during the credit crisis due to slack underwriting standards (hint, not the GSEs):https://www.americanbanker.com/opinion/gse-critics-ignore-loan-performance …
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It's like you're not even trying anymore...
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