Fannie Mae (FNMA)

[Letgoofmyfannie]

"You'll never pay us back 'cuz you'll always be broke"

What could possibly go wrong with a Plan like that? Imagine being someone new whose job it is to argue that Point. See, they come and the go in DC. Eventually, if one Delays Long Enough, you get around to more reasonable people and a Deal gets done. So while "delay" might have seemed like a Good Strategy to the Government,Time will show that it was wasn't imho.


And...while we're Waiting, here is "GSE Summertime Blues" for your Perusal if not uh "Listening Pleasure" is my latest Musical Broadside, aimed loudly at the Wall Streeters of Treasury in the Halls of Congress:

Eight years ago Congress took over Fan and Freddie
By HERA Law control was gonna be temporary
Treasury's Third Amendment Sweep sounds like a Joke:
"You'll never pay us back 'cuz you'll always be broke"
A shrinking Middle Class sez Congress whatcha gonna do?
'Cause there ain't no end to the Fanniegate Blues

They've released Depositions, it's getting pretty messy
FHFA was controlled by Treasury
Well...Treasury manipulated Shares on the open market
"To keep Investors from making a Profit"
RICO is the Statute the Feds oughta use,
Except the Feds are the Cause of the Fanniegate Blues

I'm going on Social Media, I'm gonna file a Lawsuit
About Congress stealing' GSE Profits
I trolled Bobby Corker, Senator tweeted *quote*
"I won't help Shareholders and I recommend you go Short"
Our next Housing Crisis will be caused by Government stooges
And there ain't no end to the Fanniegate Blues...

"It's a folk singer's job to comfort disturbed people and to disturb comfortable people" --Woody Guthrie