Fannie Mae (FNMA)

[skeptic7]

Trump and Mnuchin have had nearly a year to end the NWS, re-capitalize the GSE's if only through retained earnings, and expose the largest financial crime in the history of the United States and expose Barack Obama and the illegal takings that have propped up O'care since 2012, and they have not only FAILED to do so, they have not yet even put it on the radar. Instead, when Congress votes to shutter the GSE's after the Treasury draw-which WILL occur- the housing correction to follow will be scarier than 2008. You know why? Because it was the GSE's who backstopped all the predatory lenders then by being placed in C-Ship, and without them there to do it again, the TBTF banks will capitalize on the new lambs being led to slaughter without a secondary safety net. Scary. Not only that, once again the Democrats will have "out politicized" this administration as they will lay the whole thing at the feet of Trump and Mnuchin. Watch.