Fannie Mae-No Politics (FNMA)

[imtheshadow]

My (cheap imitation) crystal ball says ... the huge gov't deficits (and WS greed) created a giant vacuum that has been sucking FnF dry - and that will get MUCH, MUCH worse if the "Cut, Cut, Cut Tax Act" is passed which could increase the national debt by $1.5 trillion. Money is thicker than blood, so the WH and Congress will keep the NWS, exercise the warrants and dilute FnF further IF a recap occurs. Only a favorable court ruling on the NWS can put a dent in that. I also expect Congress to play games to obscure the soon-to-be-depleted capital, buying them more time to keep stealing. That is why two of the largest and most profitable companies in the world are trading around 3 bucks. Trump's administration didn't create this mess, but their desperation to look successful, especially financially, WILL result in the exercise of the warrants - and Trump will proclaim he, in fact, SAVED the little guy (taxpayer)!! Since the gov't has already been caught lying about the "death spiral" - with no real impact on the pps - the last 3,500 docs will have to contain a NEW smoking gun that unequivocally exposes the fraud behind the CSHIP ITSELF, and I think that is unlikely. So, short of a miracle, expect many more delays - but many more trading opportunities for those of you good enough to do that. Probably my last post for a while (hey, I heard that :), so hope everyone has a safe and enjoyable holiday season! *~<]{:)}}}}} cheers