Fannie Mae-No Politics (FNMA)

[jeddiemack]

Glad you agree.

"This may have been technically true at the moment the agreement"

The rest of what you write is really speculative. And is provided no weight of argument except for argument sake.


Now to my opinion.

I feel the government over reached. And as is often the case when folks go for all of it; they end up with nothing because what they did was patently wrong. So, in my writings, I've stated and will state again, that had the government done this appropriately and not gone for the jugular they would have negotiated for fair compensation.

But, in like every other public emergency - there are laws against looting and gouging. Think of it in a rational sense.

Please don't try and justify the raping of fannie and freddie.

So, had they taken a little skin, instead of taking it all, then sure, okay. But in so many instances, when you go for the homerun, you strike out even if all you needed was to put the ball in play.

They got greedy and for that they are due NOTHING!