Trump Seeking to Privatize Fannie and Freddie – Without Congress | Habitat Magazine
"First the Trump administration announced a “national emergency” in an effort to secure funds for a southwestern border wall without Congressional approval. Now, the Financial Times reports, the White House is moving to privatize the nation’s two largest mortgage guarantors, Fannie Mae and Freddie Mac, without Congressional approval."
-----------
Fannie Mae has assets worth over $3 trillion. Freddie Mac, over $2 trillion. If this goes through, we are looking at the end of constitutional government in the US. For 8 years, Republicans ranted about Obama's supposed executive overreach. Now Trump is going flat-out dictator, and what do we hear from Republicans in Congress? Mostly crickets.
No comments:
Post a Comment