Fannie Mae-No Politics (FNMA)

[jeddiemack]

This has essentially been stated a gazillion times here. That the first step forward in a path of reconciliation is self recognition and actions of contrition on behalf of the government towards the owners.

Its kind of interesting the only method for them to take "over" would be to file bankruptcy and they only way to be insolvent is for the government to take or finish stealing their assets; seems self serving. They'd have to find another judge to be on the take... (that shouldn't be hard after lammy and they other one or two).

There are a lot of investors that only care about the future and ignore the past; many with lots of money so they'll buy up the governments promises; but the professional money likely wouldnt touch any offering without the proper treatment and known risks. Personally, i still don't get the gm thing where the government changed the order of debt waterfall and screwed the secured holders. But they got a way with it... maybe that legacy is playing here... investors don't trust government.

Lots of reaping ans sowing... going on.