[Toddsterpatriot]

$800 billion of FNM/FRE bonds are owned by Asia

And the bill buys these back from Asia with my tax dollars?

FNM/FRE have 5.2T in mortgage debt on their books, and their current default rate is 17%.

17% x $800 billion is $136 billion.

You do the math.

Just did. Thanks.

[nicola_tesla]

You flunk basic math.