Fannie Mae-No Politics (FNMA)

[Zargis]

America Ignores Fannie Mae and Freddie Mac Shareholders
By Eric Martin - 08/22/14 - 2:03 PM EDT
Tickers in this article: FMCC FNMA

NEW YORK (TheStreet) -- There have been many who would make claim to Fannie Mae and Freddie Mac, some such as Bruce Berkowitz going so far as to offer a buyout of the companies from the United States Government - for a mere $52 billion. However, as it turns out, many of the shareholders who perpetuate countless lawsuits against the United States Government and in turn, the FHFA are brazen liars and completely in the wrong.

They have no claim to these companies because as Melvin Watt put it earlier today "Those b****es need to be put in their place. Don't they realize, I AM the law?" paraphrasing a popular movie of the early 90s it would seem.

But, alas Watt did not stop there. He continued to press that indeed, shareholders have been a large pain in his neck - that the first day he finally crawled out of bed and went to the office, he had to run multiple protesters over.

"Look, I don't mind if a child happens to crawl under the car, or fail to look both ways crossing the street. In those cases, mother nature just didn't think they'd make it. But, with full grown men and women, those who get in a driver's way should be prosecuted for the offense! I mean, do you realize a tire warranty does not cover large bone fragments? And after you get blood on a new BMW, does anyone really think it's 'new' still?" was his primary complaint on the topic.

Fannie Mae and Freddie Mac shareholders were not phased by these upfront statements, and even suggested launching their own lawsuit against Mr. Watt earlier this morning.
"This is a blatant attempted thievery of this great nation. These shareholders are owed nothing, we told them to G.T.F.O. five long years ago, but no they just don't get the hint. Just because the treasury is taking money away from them doesn't mean they need to start talking lawyerese or whatever those papers say, I mean c'mon, these are not only shareholders but tax payers we're talking about. They should be used to bending over and letting the treasury take a bit from them." Watt argues, following up by paraphrasing a 2008 quote by his weed dealer "See this, yeah. I'm about to smoke it and forget all about YOUR problems."


We decided to take to the street and asked individuals what they thought of the matter, one woman stated "My Leg... My Leg! Why aren't you calling 911!" while another man was less kind - suggesting "... fannie may? Isn't that a chocolate company? I hate chocolate. Hope they lose all their money. Who builds chocolate houses and expects a return on it anyway?"


Finally, we were able to reach out to President Obama and received a brief word on his opinion in the matter of the GSEs and Mr Watt.

"Who? What? Well, What is his name? What do you mean, that's WHAT I'm asking YOU!" Frazzled by our questions, Obama did not seem to offer much of an input on either the stabilization required by the GSEs, or, Melvin Watt's stance on them.


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http://www.thestreet.mobi/story/128719666/1/watt-what-is-the-deal-frannie-shareholders-kiss-watt-a$$.html?puc=googl&cm_ven=googl



p.s. hope someone enjoys this ridiculous text. Have a good weekend.

Be well,

-Zargis


NOTE: THIS ARTICLE IS FRAUDULENT AND A COMPLETE FALSIFICATION, ANY NAMES USED OR SUPPOSEDLY QUOTED ARE IN GOOD JEST ONLY AND NOT MEANT TO BE A TRUE REPRESENTATION OF ANYONE.