Fannie Mae-No Politics (FNMA)

[Cash47873]

That's my take on it. They don't win for losing. Plus for many in the US maintaining a political view is akin to siding with your mom even if she is an axe wielding murderer. She may be evil and all but she's still your mommy so you look for all opportunities to see the good in her. There is growing pragmatism but for the drum bangers this is what the politicians need to do to save face with their staunch supporters.

At the end of the day they create a sacrificial lamb to offer up to their constituency so they can be re elected. The lamb here will be the banks.

But the banks are ardent supporters of both parties just like beltway hooker's aren't they Cash?

Yes, which is why there will be a nice fluffy landing for them when they can resume lending at higher rates due to the improved economy. And since they got a pass on all that REO they have been holding they are going to bank as they begin filtering it back into the market at the higher rates in years to come.

The game is rigged but that doesn't mean you can't win.

The news is rigged but that doesn't mean they aren't saying something.

Oh yeah, and sometimes good guys don't wear white!!

Lol! Go $fnma!