Fannie Mae (FNMA)

[Donotunderstand]

If you do not trust the articles

Feel free to read the report from the GOV accounting folks that is referenced as the source of information for the top link

If one is to be concerned that money is needed for a GOV social program not funded --- worry big time about Medicare Part D which is 100% a NEW expense with ZERO dollars of new taxes or cost offsets

Recall the relationship to F and F of Part D expense is that the Chinese bought all types of GOV and quasi GOV (MBS) paper that financed the Bush war - the Bush tax cut - the Bush Part D