The US government is perpetrating 'the most illegal act of scale' with Fannie and Freddie

“And there is no way they will not be allowed to stand, from a legal point of view. And the reason for that is if the US government can step in and take 100% of profits of a corporation forever, then we are in a Stalinist state and no private property is safe — and take your money out of every financial institution, put it into gold or bitcoin and just get the hell out because we’re done, maybe the clothes on your back, but other than that nothing is safe,” he said.

The US government is perpetrating 'the most illegal act of scale' with Fannie and Freddie