Fannie Mae-No Politics (FNMA)

[Louie_Louie]

You neglect as part of your reasoning that government can only be greedy to a point, they can't take everything and neither can JPS without market reprecussions. They will make sure to conserve the GSE's to the point that they do not end up back in the hands of government unless nationalized as utilities. You're reasoning is all about how whatever's left from securing the GSE's and housings future is somehow going to make you and government rich. That is flawed, because government has two priorities...themselves and then the GSE's. Shareholders are mostly along for whatever ride occurs.

You provide no court cases yourself explicitly explaining how JPS must get 150% par, or must get par, or must get converted, or must be top priority, lol and how any of that would transpire. Is there a court case pending that states making JPS rich beyond everyone and everything else at play in this drama, for giving them 100% or 150% par, or how about one saying JPS must be converted? Face the music, it's all speculation. I understand your need to plea your case and to be 100% correct in your analysis since you bet the farm on this, but those of us in commons are just using logic and common sense as to how this SHOULD progress, which we're hopeful level heads will follow eventually.