Fannie Mae-No Politics (FNMA)

[10bambam]

At least make a real attempt at a factual arguement. FnF are very profitable. They are being ripped off. If you want to admit that their profits are being stolen you have a valid arguement. If they were not profitable the government would not be able to steal billions from them. As of the 30th of September Judge Lamberth was able ti rationilize ruling that the third amendment was legal because the government could get their loan plus interest any way that they want to. That was his cop out so that he could retire. Unfortunately for the treasury department as of the first of October because the next sweep takes more than the initial bailout and more than 10% interest, the treasury department is guilty of theft. That is why he had to rule by the 30th of September. So by his own ruling the federal government is violating the law as of October first because they have yet to end the net profit sweep(third amendment).