Fannie Mae-No Politics (FNMA)

[jog49]

Every day that passes, I become increasingly more convinced that Mnuchin hadn't a clue about the job of Treasury Secretary when sworn in. He does nothing since that time except flap his gums and blow hot air. Any work he needs to be doing in regards to Fannie and Freddie is finalizing the details to remove them from conservatorship. Stopping the NWS is a "no-brainer" and should have been accomplished in his first 15 minutes on the job; if he truly wanted to stop some of the illegalities. Can we surmise, from his inaction, that he has no brain or does he have that much disregard for shareholders and the rule of law? He has done nothing but allow shareholders to languish in captivity by a nationalization of the firms they own; receiving no benefits of their enormous profits for more than 4 years, and not allowing their voices to be heard by the continued suspension of their rights as equity holders. No need to knoc the lawn jockey, Watts, the minion Mnuchin is not one iota better.