Fannie Mae-No Politics (FNMA)

[MoneyRobot]

Great post. I agree 100% black and white....BUT....life is not black and white...there is gray....the gray area is that we cannot write off the commons because you do not know the outcome...mainly...we do not know what the size(assets) of the new utility will be.

@400b, commons will get paid.

Jps are the better bets here. Priority...yes....I agree...good post you wrote....but....we cannot completely write off the commons just yet...based on we do not know the outcome and that outcome can have a variable of 400b.

There are other variables too...like...the gov using some of the divies towards principal...not net 0...but some....enough to still show taxpayer a hefty profit..etc...etc...

Commons are a riskier legitimate play...go figure....