Fannie Mae-No Politics (FNMA)

[bmp152]

Repost: I love the enthusiasm here but...

I totally agree with you Cash.

I feel like we are preaching (pumping?) to the choir. Most people on this board know how great of an investment opportunity that Fannie is. We also know that the biggest roadblocks to its success are the political uncertainties and the future of Fannie. The government is essentially skimming all profits made from Fannie as dividends and using them to feed the political machine. None of that shareholder money has been used to pay back the bailout.

Therefore, it is our job as shareholders to ensure that our congressmen/women are as informed as possible about the recent developments of Fannie.

If anyone is interested in drafting a boilerplate email that we could all use to contact our representatives, please contact me at saveourfannie[a]gmail.com. I'd be interested in spearheading the effort, as I've already got one started and mostly finished. I'd just like some additional input. Once we get a final letter put together, we can post it on this board for folks to bombard the congressional inboxes.