Jedidiah, thank you for appreciating other members on this board. They are truly awesome and are doing so much to help the rest of us out.
Let me start my next few sentences or paragraphs by saying that this is just my humble opinion.
Based on what we have learned, especially in the past few month should be uplifting to our mind and spirits...
There is just way to much evidence that it is very difficult to get rid of FNMA & FMCC. Also it has become clear that all proposals on the table by the senators are flawed...they simply won't work.
Again, IMHO the biggest mistake the Obama Administration (I hope he the Pres. reads this), yes I really hope this gets placed on his desk...as he wanted me to report to him.
The gov’t cannot expect new private money to come in to guarantee the first 10% as what the admin. is doing to the current shareholders is an absolute theft in day light.
In addition, all of us shareholders bought our share under the impression that this is the United States of America, where the gov’t does not steal citizen property without just cause and compensation.
Even if the Gov’t want to repeat this until we are deaf...for the TAXPAYERS, TAXPAYERS,TAXPAYERS,TAXPAYERS,TAXPAYERS,TAXPAYERS.
We remind them that we come ahead of the tax payers as our money is what was supporting the US Economy and we are the TAXPAYERS.
Bottom line the gov’t needs to stop reinventing the wheel to get revenge (don't take this word lightly, believe me when I say part of this attack on FNMA & FMCC is to get revenge) has a lot to do with politics, the rich and big funds.
The govt needs to take ownership for being the one to push subprime mtg.
Funny how we were doing just fine for many years and suddenly we get to this situation.
When people wonder why they W.House is quiet very simple...they called their bluff...good political move...if the Republican really understand what the Dems are doing under the POTUS.
They will drop everything and stop any bill that talks about winding down FNMA as the truth is which is very hard to believe the W.House wants to show America that it is the Reps. that want to get rid of FNMA so they (the Dems) can win the next election.
Mind you I am not oblivious that we have dems writing the bill and obama uttered the word wind down...all an act.
Anyone reading the above is going to think...wow...Crawford you must be crazy...and I will say...friends...think out of the box, think like politicians think and play the game of survival.
For now, the economy looks good, deficit down, jobs on the rise etc...do you guys think for a sec FNMA & FMCC had nothing to do with it...aha??? Now you are thinking...Think top view...always see the picture and you will be able to connect the dots.
Ok...this is becoming like a news paper...just thoughts out loud.
Cheers all.
Crawford!
