Reading between the lines.. create more debt slaves in the...

Reading between the lines.. create more debt slaves in the economy and here is the kicker...



As @kacy highlights many times, the govt needs more money to stimulate the economy but doesn't want to be the one who is doing it. This allows more money to flow where the banks can't achieve at present. This could kick the banking crisis problem down the road a little, but the end result would likely be an increased issue with defaulting debts (maybe after the elections are over). Inflation would be exacerbated as highlighted in the article but again, kicking the can down the road while allowing consumers to get access to more money via banks getting money from the GSEs.

If it all blows up, then Freddie and Fannie would be saved by the govt as per 2008. Citizens of the US would be the ultimate losers once again. But how else are you going to get the Own Nothing and Be Happy to eventuate without increasing debts across the economy.