Fannie Mae-No Politics (FNMA)

[FOFreddie]

Hi Robert Seems like the chickens are coming back to roost - big deficits and higher interest rates used to be a real concern back in the day. Dont know about a full guarantee but it may just become an necessity to get the GSEs properly capitalized in the next couple of years and generate 100 to 300 bn in revenues for the UST? Isnt 100 to 300 bn in revenue still a material revenue generator in a budget cycle?