Cory DoctorowBenevolent dictators are not infallible dictators
This triggered the foreclosure crisis, where banks that had received billions in public money forced their borrowers out of their homes. This was official policy: #Obama's Treasury Secretary #TimothyGeithner boasted that forcing Americans out of their homes would "#FoamTheRunways" for the banks and give them a soft landing;
https://pluralistic.net/2023/03/06/personnel-are-policy/#janice-eberly
With so many homes underwater on their first mortgages, the holders of those second mortgages wrote them off.
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They're pissed off because the Treasury official who presided over the theft of millions of houses by corrupt, bailed-out banks after the 2008 Great Financial Crisis and then wrote academic articles defending the decision to "#FoamTheRunways" for the banks with everyday Americans' homes is about to join the Federal Reserve Board:
https://pluralistic.net/2023/03/06/personnel-are-policy/#janice-eberly
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