Fannie Mae-No Politics (FNMA)

[Achilles deFlandres]

As Hank Paulson said more than 10yrs ago, the conservatorship was supposed to be temporary. Apparently it is not. There are supposed to be checks and balances,  when it comes to FHFA, apparently there are not.  It pumps money into UST, it's self funding,  off the radar... harder to eliminate than USAID. The US government would rather go to war than reduce any small thing as has been demonstrated repeatedly. I believe it was representative Hill, or possibly Representative Heck caught on camera right after the crisis "... since we bought them...." I'm unhappy with h $10. If I can get $40 after this cluster- eph I will be willing to call it a day.  F&F are Uncle Sam's private property and after the warrants,  $40 for Fannie is another $160b plus profits in peroetuity on top of the $200b they have made already.   Even Ackman, a huge shareholder has admitted as much.