Fannie Mae-No Politics (FNMA)

[imtheshadow]

And while I'm venting ... isn't it f'ing unbelievable that our gov't (including the Fed) has spent TRILLIONS!!!!!!!!!! to support for-profit companies during a crisis without taking some of their equity, much less 80 f'ing percent. I know some of you like to blame Obama for the NWS, which of course was a total sham, but the REAL theft was the 10% non-repayable advances and, FAR WORSE, the warrants. Some excuse Bush for the theft because the warrants haven't been exercised ... yet ... but don't you understand that we would be well into double digit pps right now if the warrants didn't exist?!?! And what will you say when the warrants do get exercised? ... that the gov't was entitled to 80% of two of the most profitable, stable and essential financial companies in the world?