Freddie Mac-No Politics (FMCC)

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Sign the petition!

Congress is using Fannie and Freddie's recent profitability as their own personal cash cow. They are sweeping all profits (over $3B) to the US Treasury as dividend payments without reducing the debt owed by Fannie and Freddie. These large projected quarterly profits will be gobbled by the Fed, without any return to the shareholder. In essence, this is a direct violation of our Fifth Amendment right (government seizure of public property without just compensation). Have a voice by signing.

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http://www.freedomforfannie.com