Fannie Mae-No Politics (FNMA)

[jeddiemack]

One thing that lamberth ignores is that you are either "appointed" a conservator or a receivor. You are not appointed both and you can't just "morph" from one set of duties to the other. You have to be "appointed" and the set of duties are mutually exclusive.

In the section that it suggest not subject to review by other federal agency, be mindful that is really silly, because that would mean the fhfa, acting as conservator would be acting without regard to the rules or regs of, for example, the irs, the fdic, FDA, CDC, FBI, Secret Service, treasury etc, etc., That would be highly improbable...

So, for example as conservator this suggests it could print its own money, impose its own taxes, and all kinds of other things, what fun. But, illogical.