Fannie Mae-No Politics (FNMA)

[petethemoon]

The hit on Fannie Mae was premeditated. It was political as much as it was profit oriented. Go look at which party Fannie Mae used to spend all of its lobbying money on. And then look at how little they can now spend on lobbying. (opensecrets.org)

And then ask yourself, do the republicans have something to gain from keeping them tied up for as long as possible? Yes, they take money out of the democratic national
Committee. Of course they do.

Do the Dena have anything to gain from keeping Fannie Mae tied up right now? Yes, they can milk the cash register and use Fannie Mae as a tax revenue stream to fund government.

They all gain by keeping Fannie down now. But it won't last forever.