Fannie Mae (FNMA)

[jackticker]

Yes, they're cancer, and the only viable presidential candidate they don't own is Bernie Sanders............

“Thank you for your very thoughtful letter regarding Fannie Mae and Freddie Mac. I share your concerns that the conservatorship of Fannie and Freddie negatively affects its shareholders.

As you pointed out, Fannie Mae, a government-sponsored enterprise (GSE) still under the conservatorship of the federal government, posted a profit of $14.2 billion in 2014. American taxpayers spent more than $116 billion to keep Fannie Mae afloat as part of the bank bailout, which I opposed, because it gave the Bush administration a $700 billion blank check that put Wall Street’s burden on the backs of the American middle class.

As you pointed out, shareholders have not seen the financial benefit of Fannie Mae’s recovery, especially since the firm’s stock was de-listed from the New York Stock Exchange As Congress considers how to address the structure of Fannie Mae and Freddie Mac, I agree the impact on shareholders must be considered and shareholders should benefit from the recovery. I am not a member of the Senate Banking committee, which has jurisdiction to oversee Fannie Mae, but I will certainly keep your comments in mind when this issue comes before the full Senate.

Thank you again for contacting me, and please feel free to stay in touch about this or any other subject of interest to you. For up-to-date information on what I am working on, please sign-up for my e-newsletter, the Bernie Buzz, at http://sanders.senate.gov/buzz/.

Sincerely,

BERNARD SANDERS

United States Senator”



I've already told all my family members, if Bernie wins the Democratic nomination then buy as many FNMA shares a you can afford. Because if he wins the nomination, he'll be our next president and Fannie and Freddie will be returned to shareholders.

Oh, and my family members listen to me because in 2007 I predicted the 2008 crash and warned to get out of the stock market, and in 2012 bought this stock for $.26, so my track records pretty good.

The reason my track record is good: I killed my cable TV about 15 years ago. No more MSM making me ignorant. No more MSM telling me that raising taxes on the wealthy is bad for the economy.

The billions that the billionaires spend on propaganda to make Americans afraid of words like 'Liberal' and 'Socialism' has no affect on me, because I don't allow that propaganda into my home.

Anyhow, I'm right on this one. Bernie Sanders is GSE shareholders best bet, and he also is Americas middle class best bet as well so he's a win win candidate.