Fannie Mae-No Politics (FNMA)

[big-yank]

Cubshawk, don't confuse him further. He obviously is creating a "bulletproof" position for Watt to serve out his term with no accountability to to the law (HERA) and no supervisor to direct his performance serving as FHFA Director.

FHFA is an executive branch position and Watt was nominated by President Obama, the President of the United States and, constitutionally, the head of the executive branch. Now we are being asked to believe that Melvin Watt has been made "King" of the FHFA and can only be removed from office by suing him in court. If ANY of that is true, then we may actually have unraveled the great mystery of how and why our government has become such a dysfunctional piece of shit for so many years.

JMHO.