Fannie Mae & Freddie Mac (FNMA / FMCC)

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The Federal Reserve Board has been unable to find any credible purpose for the huge balance sheets built by Fannie and Freddie other than the creation of profit through the exploitation of the market-granted subs

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authority-citation 100%

Uses a quote from Alan Greenspan to validate the argument.

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The slide uses an authority citation to frame the villain (Fannie/Freddie) as exploitative.