Fannie Mae-No Politics (FNMA)

[Sammy boy]

Rationale for C-W idiocy:
1.R-ship? Mission impossible, eliminating shareholders while saving F&F but replace the gse
will cost taxpayers about $400B to bail out Jr preferred shareholders.
No structure to replace the GSEs, still no new money available to expropriate.
2. The real goal for this bill is :To short F@F commons and line C-W pockets.
Also to ensure the NWS to continue, as legislators won't accept r-ship.
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