Fannie Mae-No Politics (FNMA)

[rekcusdo]

"As unpopular as that view is, here, especially among an audience that is largely optimistic investors, I have always maintained that the government's motives arose from...."

It isnt that the view is unpopular, it is that it is irrelevant. It doesnt matter what the Governments motives are. They are subject to the same laws as the rest of us and they CLEARLY broke several areas of Contract law at the least, and Criminal/Tort/Constitutional Law at the most.

This is just another step toward total government control over our lives. The last step was changing the Interpretation of the Constitution to allow the taking or private property for private use. If we lose in the GSEs, the next step can be demonstrated by the facy yhat Legislation has already been proposed (though it was shot down) which would require babies to be chipped at birth to monitor health, finances and criminal records. These small steps WILL lead to a complete breakdown of private rights over time. No government should have that much power.

No matter what the governments motives are, they must abide by the law, or what kind of society do we live in.