Fannie Mae, Freddie Mac Payments Don't Benefit Taxpayers

Fannie Mae, Freddie Mac Payments Don’t Benefit Taxpayers by Glen Bradford

The Third Amendment net worth sweep does not sweep money to taxpayers. I am a taxpayer. I have not received payment from the sweep. You have not either. The Wall Street Journal and the Washington Post voice the popular opinion and have a large audience. It’s difficult to tell what’s what when what is published by reputable sources raises more questions than answers.

You may find yourself, as I have, realizing that you are surprised by what is happening. This happens when I am wrong. This happens when the assumptions that I was using to derive conclusions were assumptions that I wished were true instead of assumptions that were actually true....