Fannie Mae-No Politics (FNMA)

[mrfence]

Actually, that's not what everyone on the hill, nor what taxpayers want Taxpayers want monetary reform, and a representative legislature. With regard to the GSEs they just want to see the money returned, a strong economy, and for the government to quit screwing up everything they touch. That story will never be printed because the same money that hires the legislature owns the mainstream media.

The Government has been caught stealing, and the balance of the legislature is waking up while the courts address dirty details.

The only thing being wound down is the amount of actual property that the GSEs hold which is only that high because the government pushed them to hold that much. Otherwise they make plenty of money securitizing loans with, or with out a Government backstop.

The only thing being wound down is the Government sponsored model which would have gone nowhere without shareholders. The government could not afford to do what shareholders have done for the GSEs historically, or presently.

In fact, the government can not afford to carry the liability on their books which is why the stocks where allowed to continue to trade. To shield the Government from liability.