Fannie Mae-No Politics (FNMA)

[jeddiemack]

Crazy thing is... we get back to fair value and the companies are returned to the shareholders, like they should be, fandf create so much value (this is where it gets tuff, in that government knows how valuable they are and know that returning them to share holders simply "gives" them that value when they could still... just be taking it for free) that government ... being greedy wants it all, becuase they can. When they should just be happy with the income taxes off of the various selling of shares, dvidends they'll give off and of course economic impact (and yes more taxes) ...

Its estimated that for every $1 spent it can create another $2 in economic impact... so, in our system that's at least $3 ... at marginal tax rates thru the system = $1 in taxes (fed, state, local, excise, vat, etc.); thus merely returning the stock to the shareholders does more for the government than continuing the steal.

So, yes... fair value and return of reasonable dividends... at fair value fandf stock would be too large a % of my holdings, so i'd diversify some, and reallocate; and spend some.

Plus no more new lawsuits....