Fannie Mae-No Politics (FNMA)

[Pecker9Wood]

No, the GSEs also had monies that they could weather a storm for like eighteen months with no profits.
That with continued theft of profits has put the twins squarely on the shoulders of the tax payers in the event of another economic down turn only this time depleted coffers. The twins will not be a saving grace the next time and will help fuel a far deeper crash. Of course you can speculate that is isn't so but the government's efforts too conceal the truth and obstruction pretty much verifies what is true.