Fannie Mae-No Politics (FNMA)

[Red Cloud]

I see your point but respectfully disagree...

Assuming that anyone or entity who could effectively loot F'n'F again would be willing and able to do so: the best way to loot the twins is to purchase them outright on the open market for $. 41 / share. Clean, legal, deal of the millenium. Boom. If the government wanted to easily recapitalize The Twins: allow ( or require ) Fannie and Freddie to surreptitiously accumulate millions of shares of common stock at the current price, then recap, release, relist. Stock price goes from $ .41 / to God Only Knows how high - at least $100. Can't provide chapter and verse at the moment, but I recall that HERA allows for Fannie and Freddie to buy their own shares if Treasury permits.

And then: there's much more at stake than a bunch of guys on a message board making a ton of dough on a stock trade. If this Conservatorship / Bailout B.S. isn't overturned, we're all screwed, the Government then has a working model to seize any privately owned company.

If I were a condescending self-righteous incompetent profligate bureaucrat I'd probably target all Gas and Electric Utility stocks for confiscation as the next order of business, seeing how utilities have a government sanctioned structural monopoly already and are highly regulated by the government.

So all that is really needed is for enough people such as Bernie, A.O.C., Ilhan, Elizabeth Warren et al to get enough power and decide to re-make the American economy, and they have a successful model at their disposal.

So this is why I keep buying, because failure to free Fannie and Freddie is not an option and I'm certain that this fight will be won.

Said another way: doing the right thing for the right reason and making a ton of money doing so.