Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

I think in order for the gses liabilities to be included on the gubmints balance sheet they need to own at least 80% of a corporation.

Even CBO recognizes the defacto Nationalization of the twins and recommends they be included on the federal balance sheet.

Moody's, Fitch, and Standard & Poor's could easily say that CONSTRUCTIVELY THE GOVERNMENT HAS TOTAL CONTROL OF THE CORPORATIONS AND THEIR PROFITS! Hence their LIABILITIES BELONG ON THE FEDERAL BALANCE SHEET!