Fannie Mae-No Politics (FNMA)

[Mikey Mike]

Keep in mind that the GSE saved the government and the taxpayers from another greatest depression...you can say all you want about how the government saved Fannie and Freddie..but the reality is shown in Europe that without a GSE backstop...the government would have an explicit guarantee bailing out the entire housing on it's own...and that's not jmoho...