Fannie Mae (FNMA)

[Donotunderstand]

Andy

I hold FNMA

When we talk to the 20% left out
When we talk to conservatorship v receivership - both option available back in the war time - but conservatorship
When we talk going from 10% to all profit forever

Then we sound correct - as it sure smells looks like feels like and is a TAKING if FNMA is wound down without our getting fair compensation. The Treasury is not excused from the rule of law

When we do that we GAIN backers and in particular DEM senators get their voice back - as they are the party that in history started and loved F and F

But when the language gets hyperbolic and the talk is of the ACA for some reason and mixed in with other nonsense - we lose support for sure - as we sound and are acting like kooks