Fannie Mae-No Politics (FNMA)

[InDepthAnalysis]

THAT'S GREAT NEWS FOR FnF COMMON SHAREHOLDERS!!!

House Rep David Schweikert effectively put a wrench in Senator Bob Corker's gears. There's a civil war going on in congress over FnF and we might have the House of Representatives on our side. He basically said that he doesn't want the government to claim any of FnN's profits past what they currently owe to the Treasury. That's HUGE, because that money has to go somewhere, and if not to the government then that means it will go to the shareholders who theoretically own the company.

Also this changes a few things. This bill is nowhere near finalized and any congressman can amend it. With this latest addition, the Senators that are against FnF being privatized will now have to go through The House before the bill can be passed, and The House will NEVER pass this bill in its current state.

FnF can NOT be liquidated, and will NOT be wound down, that much has already been confirmed. We are put in a win/win situation. Now there are only two options left, privatize FnF, in which case we will see book value and make 25x our current investment, or amend the bill until both parties are satisfied. Regardless of the outcome, with the dramatically increasing support and coverage surrounding the protection of FnF shareholders, we will likely receive a huge return on investment considering our pathetic market cap at the moment!

I'll admit my confidence was wavering after I noticed no one contesting the bill, but now that we have an entire wing of congress on our side, I feel like we have a high chance of winning. If shorts and hedgies want to take this lower, PLEASE DO! I'm constantly adding shares at lower and lower prices for the inevitable run.

http://www.westernfreepress.com/2013/06/14/schweikert-obama-cannot-be-allowed-to-use-fannie-and-freddie-to-pay-for-more-spending/