Fannie Mae-No Politics (FNMA)

[Pecker9Wood]

Well Allan Greenspan and Warren Buffet said back in 1999 that the CDOs and CDSs where the weapons of mass destruction. Named Fannie and Freddie in saying that if those two entities where too go bankrupt it would mean the end of our economy. That was about the time Clinton usher through legislation that allowed investment banks legal access too those instruments. That legislation countered the 1939 law that those engineers of the twins recognized the dangers too protect from investment banks getting that kind of access too MBS. Is there bread crumbs too in those documents who knows but all those items demonstrates a poor lack of leadership and judgement and we have paid a huge price of which many will never get their head around. So remains what just might be obvious, did the country go bankrupt and economy destroyed? Did we hide the truth and cranked up the printing presses and with QE squeaked by? Did they silenced that CEO too send a message too others that we will not fail too remain in control. Did they silence the banks and twins by locking up the documents because they thought the country would make a run on the banks and drift into chaos. Those in power want too stay in power no doubt, but where is the faith that this country, like it did in the past wouldn't pull too gather as a nation. Yet they take for granted there are those that will make the ultimate sacrifice for our freedoms. You think they would owe it too them too be honest.