Fannie Mae-No Politics (FNMA)

[Donotunderstand]

50-50

RE the sweep - under DJT - CASH did not flow to Treasury !! - YUP
Cash stayed with F and F - YUP

Now - it was smoke and mirrors ---- as for every dollar that F and F did not send to Treasury under HERA --- Treasury got an IOU and increased the LP

SO ---- 50-50

If the LP is not killed or not dismissed or not viewed as paid off --- then the LP will wipe out every penny kept by F and F - either in receivership or by dilution of common and maybe JPS equity for about 80B or so of LP value GOV owns from this !!

If the LP is killed or dismissed or viewed as paid off (as I hope) then -- and only then !!! --- the smoke and mirrors cash and debt swap will super benefit us with equity

It could happen --- but DJT did not stop the growth of what F and F was in reality paying each quarter to TREASURY. DJT did not - in reality in the sunlight - stop the sweep. Read any unbiased account of what goes on each quarter.

I agree - a POTUS that wants to help us - or wants the good PR with spin - be it JOE soon or DJT - should declare the LP and indeed the total 200B "investment" paid off. That is very different from what did happen