Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

The fundamental problem is that the government has the best of both worlds, TOTAL CONTROL OVER EVERY ASPECT OF THESE FORMALLY PRIVATE ENTITIES (INCLUDING THEIR PROFITS) WITHOUT ANY OF THE $7.1T OUTSTANDING OF MBS LIABILITY SHOWING UP ON THEIR BALANCE SHEET. I wonder if Moodys and/or S&P will eventually put the US Government on a negative watch if it drains anymore of the entities capital and directs it to the latest politicians pet project?