Fannie Mae-No Politics (FNMA)

[LuLeVan]

You should not criticize people here who are expressing their (legal) expectations about the future of the GSE saga. Instead, you should criticize the government itself, because its greed is the source of all the injustices perpetrated against GSE shareholders.

Hardly any of those who hold common or junior shares today owned them before 2008, so buying those shares was speculation coupled with certain expectations regarding the government's actions. That the government would act fairly can only be seen as an illusion, because since 2008 the government (and "its" courts) have clearly acted as enemies of the shareholders.

So in this gigantic poker game it's inappropriate to invoke ethical or moral principles. The government has acted unethically and immorally with FnF shareholders in the past - and will most likely continue to do so in the future.

Anyone speculating here (and posting on this board) is ultimately placing bets on how this poker game will end. No one here has any chance of influencing its outcome. Moralistic whining is hypocritical in this context. Much more important is not to end up as the donkey in this poker game.

...You argue from a place of immorality and a lack of ethics, therefore your arguments are narrow and cynical...