This may be the biggest accounting fraud in history

[*bfine32*]

(09-10-2019, 04:36 PM)Belsnickel Wrote: So, a fraud was perpetrated by a federal agency the Obama administration had no authority of, but the largest fraud was committed by the administration's decision based on said agency's estimates? That seems a little off.

You'd have to take that up with the board at WSJ as I haven't done an in depth analysis of the economic decision. I simply pointed to where I thought WSJ was finding fraud. Perhaps there was some sort of "collusion" between POTUS and the Democratically controlled Congress. It seem they think the administration misrepresented the "benefit" of de-privatizing to loan system and perhaps did it with the motivation of funding their wall healthcare plan. 

The crazy thing is: It seems the Liberal would be more upset about this than the Conservative; as it could be a case of American citizens bailing out the rich, but they were "Too Big to Fail".