Fannie Mae-No Politics (FNMA)

[Donotunderstand]

I support this Administration

And of course not here - and do not agree with what the sense of that article

Any argument that the rich do not get the same rights as the poor is insane (the war on white rich Amercia) --- and Any argumenbt that the rich do not have the right to the same rights as others because they are rich is wrong

First they do

Second to argue they should not have the right to pursue further wealth is unAmerican

Capitalism almost requires that we all push the limits - that hedge funds look for special situations in the capital markets as an example

(and then some of us ALSO want a minimum wage - child labor laws -anti chemicals in the river EPA rules - unemployment compensation - safety nets - regs ).

But the free market must be free to work and create the wealth - then lets argue about tax policy

)again around the edges one can regulate an economy (no liquor sales to those under x or requiring labeling on food products) but aside from laws done by the people - no one should try and replace market actions to limit people by color or race or wealth)

To argue that those who bought at pennies on the dollar do not have the same damage ..... interesting debate - but as far as I know this too should not enter the legal issue of property rights as prior determined by courts (those with greater injury who held and held can do class actions etc)

This defense of the wealthy is from a progressive/liberal capitalist

I may hate - big time - the amount of wealth now held by one tenth of one tenth of one percent of Americans. I am not jealous -rather my study of economics is Keynsian and it says that so much money not circulating is one of the reasons that the middle is losing each year .... labor is losing to capital (a natural tendency in capitalism but one that if left unchecked may yet prove Carl Marx right )

So I may want rougher inheritance tax AFTER the first transfer to generation two but let generation one earn it and then pass it on with a reasonable credit shelter and sliding tax scale

So I may want a 50% tax on income (annual post deductions) of 50,000,000 or more (starting there) by 15 percentage points

So I may want myself and others between 250-400 hit with a bit more tax (3% more ? on the amounts on top of 200K - do not treat us differently below 200k)

I digress -- because of the HIGH correlation of typing and price rising

I go back to work - price stalls

I type price goes up

Just a corelation - no credit to me if FNMA moves up 50 cents today