Fannie Mae-No Politics (FNMA)

[Sogo]

That makes sense on surface, but it is the banks who control what the major parties donor don't do when they're in power. So there is, I would guess, zero percent possibility that the biggest donors to both parties (big banks) would allow their paid-for employees (politicians in both parties) to sit idle and let the banks collapse, if it ever came to that. Proof of that is seen in '08 when the politicians did NOT let the banks collapse, as some would have done without political interference. So I think banks or any financial entity would not hesitate to jump into the 2ndary market bc they are the ones controlling their political risks by donating and lobbying constantly. They're in no danger from suffering any downside that might happen if markets were free. For them, they don't play in a free market. They play in a controlled market, from the issuance of currency, to ad-hoc laws such as HERA written hastily and sloppily, passed by human beings who did not even read it (in most cases probably) and who would not even fully understand it if they did. Those voting on the laws have an expertise in convincing masses of people to vote for them, not in understanding basic free market principles or complicated legalese and highly regulated markets.