Fannie Mae-No Politics (FNMA)

[mrfence]

First understand wind down is a very vague term that could mean anything. Then understand that Fannie and Freddie, the GSEs were made out to be the villains of the housing, and economic crisis so IMO this language is being used to talk about reform so that people won't think the government is letting the villains get away.

IMO, it's just a head fake by some, and a test to see how much chit government can get away with by others although I do believe there are many Congressmen, and Senators that are just plain misinformed.

I believe the 7 lawsuits are the answer to just how much chit they can get away with... ZERO These lawsuits should also help to inform the misinformed.

The reality is that Fannie, and Freddie were the least to blame for the crisis, and actually victims along with the rest of the taxpayers. As investors, we've done our DD so we know better, and generally speaking wall street runs 3 to 6 months ahead of main street consciousness with regard to understanding of such matters as they play out so what your witnessing is a dog & pony show described as the process of manufacturing consent by Noam Chomsky.

Basically they have to steer main street around for a full U turn from Fannie, and Freddie are bad to Fannie and Freddie are good people after all and us great government peeps have helped everyone by fixing them. Aren't we great? Please re elect us