Fannie Mae-No Politics (FNMA)

[philipmax]

I know of a close friend who borrowed $15,000 from the MOB. in over a year he has repaid $33,000.00 to the MOB and still owes them the original $15K.
Our government works in a similar fashion. Witness the disgrace that is the FNMA and FMCC with paybacks to the treasury. And not just the paybacks, but also all the recouped losses that the banks were forced to regurgitate go directly to the treasury instead of the GSEs.

Next time your kid comes home with civics homework, kick him in ass and tell him to stay at home.