Fannie Mae-No Politics (FNMA)

[401kobessive]

Its really about perspective. Every day you drive down the road. There are rules that apply. How fast you can go, signage you must obey, what lane you can drive in...etc. This Mortgage reform is no different. They have certain rules they must apply to the existing environment. Rarely, do you go in a straight line. You make course corrections during your route. Just because you run off the road, you dont send your car to the shredder. Lots of Realtor s, Jobs in the industry depending on these companies remaining. The real question is what is best for America? I think releasing the companies. Let me and a few of my fellow FNMA shareholders bare the responsibility if another crash occurs. The Government walks away with the risk of the taxpayer being on the hook gone and a nice profit to brag about to the voters come election time. As far as other investments, I have other investments. I have this stock in a Roth IRA that will mature tax free should this all come to fruition. Its all a risk/reward ratio. I will be one of two things. Rich or average at the end of this saga. Im ok with both. I really like the idea of making out like a bandit and not paying a dime in taxes. Thats Karma.