Fannie Mae (FNMA)

[955]

Infowars.com has proved through an analysis of the Treasury Department balance sheets that the Obama administration found a solution in August 2012, when the Treasury Department decided that earnings confiscated from the Government-Sponsored Entities (GSEs) Fannie Mae and Freddie Mac in the “Net Worth Sweep” (NWS), could be diverted to pay the ACA low-income insurance subsidies.

The record contained in the Treasury Department balance sheets shows through 2013 a direct diversion of the NWS into line items used to fund Obamacare.

After 2013, the Obama administration continued the NWS (ultimately confiscating some $260 billion from Fannie and Freddie), but the one-for-one diversion of the Fannie and Freddie funds going into line items used to fund Obamacare is less clear, suggesting Treasury grew more clever after 2013 in hiding the diversion within the Treasury general account used as a slush fund.