Fannie Mae-No Politics (FNMA)

[Louie_Louie]

He claims government greed and then advocates also, extreme JPS greed - all at the expense of the GSE's or common shareholders, yet commons are where any capital raise may be done later, or possibly pref issued later.

My point is: government is not in this to enrich anyone, and that would mean themselves, if they are serious about having two financially strong housing finance entities released.
First, if government wants money, they've proven time and time again they can either rob taxpayers via taxes or just print all they want, so why would they need to do more damage than they already have to the GSE's and make the GSE's situation far worse, thereby making the governments worse by increasing the chance of another conservatorship, or worse, a receivership, later on?

JPS are not THAT important! Same as commons IN conservatorship, which GB fails to recognize....yet.