Sooner or later it becomes your life

" US banks collect TARP funds. They take that money and use it not to expand their lending, which is what it's for, but to buy Ginnie Mae securities. Ginnie is backed directly by the government, so the securities are deemed risk-free, and banks therefore need to hold no loss reserves. Because Fannie and Freddie, despite the fact that the government has taken them over, still don’t have the explicit backing, their securities force a 20% loss reserve. "