David Roskoph

Why I Finally Bought Fannie Mae

You are among the few who "get" equating their survival to capitalism itself. The GSE umbrella/ruse lasted 30+ years but is now on the precipice. If they fail, how good is anything backed by the US? This intersection defines the limits of capitalism for if they fail, we will take a major step into socialism; that's why they won't. Hedge funds are in charge of the markets and have turned them into para-mutual casinos. Casinos need pure capitalism and letting them fail threatens the capital earth on which their casinos reign. Hopefully the adults will eventually return to agencies designed to govern markets for their absence has allowed markets to revert to the pre-SEC rich man's playground.