Fannie Mae (FNMA)

[jog49]

"Watt willingly knew they were short on capital and has done nothing about it until now where he has confirmed he is working daily to make it happen."

Letting capital drift to 0 is fiduciary failure by any stretch of the imagination. Watt is the conservator of Fannie Mae and Freddie and is charged with conserving and preserving. Fiduciary failure does not support any conservation or preservation of which I am aware. That alone is Trump's opportunity to run this Obama plant out of town on a rail.

His "working daily" is a load of horse manure because it's evident he has taken no action whatsoever in regards to Fannie and Freddie to nurse them back to health (if we accept the fact that they were ill). All he is doing is intentionally wasting time and dragging the situation out so that Obamacare subsidies can continue to be subsidized by the shareholders of these two entities. Remember, Obama asked Congress for additional appropriations to pay these subsidies and was refused. Miraculously, the money appeared and became available at Treasury, unappropriated, at the time of the NWS. Think God had something to do with it or just a bunch of crooks and thieves?