Fannie Mae-No Politics (FNMA)

[GreenWizard]

Very good post, Crawford2012.
I want to add some thing with what you said.
The government wasted $800 billion in Iraq war. What was the return on investment?...The death of 4500 American soldiers. And 30% of the returned soldiers are living with PTSD (Post traumatic stress disorder). Some of them are going to live their entire life with it. I suffered a nervous break down once. I know how it feels............Atleast 500,000 Iraq people killed in that war.

Now come to the 2008 GSE bailout. They invested $188 billions. In five years the return of investment was $201 billions already. And plenty more to come. This is a remarkable investment by anyone in history because it has already proven profitable.

Now you plan to kill the companies that gave you billion$ profit, served you for 70 long years, helped you to afford homes, helped you to build wealth, and so on...These criminals in Washington can send money to Ukraine, fabricate a war in Iraq and lose Trillion$, but shout at spending only $188 billion necessary investment, which is crucial for the entire nation and humanity.
If the GSEs are to kill for that bailout money, then clowns in Washington should also be killed asap for that destruction of trillion$ tax payer money.

Hensarling, then Corker and now Crapo bills are nothing but broad mockeries. Let us get rid of those clowns other than getting rid of our beloved Fannie and Freddie.

Good luck to all longs.