Fannie Mae-No Politics (FNMA)

[imtheshadow]

Aunty, if Trump doesn't care about WS/TBTFB, then what's with the admin's narrative promoting banks to compete with Fnf and requiring totally unjustified loss reserves to "level" the playing field (maybe he means level as in scorched earth)? Even the market is skeptical that the rule-of-law will prevail with a fair 3R (30%+ is nice, but a joke in the overall scope of things). Trump doesn't have a monopoly on corruption, but he sure does seem to like the banks to me. cheers (and totally enjoy your posts), shadow