Fannie Mae-No Politics (FNMA)

[Factorowitz]

Now that's a beautiful quote! There is no way they can shutter FNMA and FMCC because if they did like everyone is saying then they would have had do the same with the banks....Unemployment will skyrocket and who is going to guarantee the loans and mortgages...no one....there is no way they can close these...what they need to do is let it be free like AIG where AIG is now trading at 40 dollars a share and finally just pushed its first dividend in years. No longer has any government obligations.

The government these days is trying to control to much. There is way to much control and regardless of what is right, they do what they want because they think it is best. OBama has done nothing but hurt hurt this country more....REAL unemployment is still sky high and yes we are slowly recovering, but shuttering FMCC and FNMA when they are generating more money then ever before and taking less risky stances is simply the wrong answer. Bush tried to close FMCC and FNMA and it failed.