Fannie Mae-No Politics (FNMA)

[Cash47873]

Really? What if by means of a war with N Korea, international market volatility or other external forces the current housing market boom is reversed? The government has not converted any of their shares for a return on taxpayer equity. That means that the cash cow they have is misappropriating taxpayers divies for use in other branches of the government and the taxpayers have yet to see any return of their principle equity. If the housing trend reverses and F and F start taking loses again we taxpayers and shareholders lose it all. That would be not only dumb but irresponsible and highly illegal. We taxpayers did not tell the gov, "here take this tax $ to stabilize F and F, but once they are feel free to use that same $ like you are at the casino, don't worry about paying it back". Talk about a sheit storm of legal issues and political issues.
This is highly illegal what they are perpetrating. But you would need a cursory education in American civics or history to know that and these days education means being barely literate. Despite most young folks not being informed everyone still has a vote and an opinion. They just aren't worth very much.