Fannie Mae-No Politics (FNMA)

[Bouray00]

Mrfence - I appreciate your very kind offer. I have a tight schedule this visit, but plan to make visits at least quarterly. I would like to take you up on your offer next time I'm in the neighborhood. It has been 19 years since the last time I was here, and I am really amazed how friendly people are for such a large city. Perhaps when Fannie is re-established out of c-ship as well as re-listed on the NYSE, I will be able to afford to live out this way. It is truly an amazing city. I do not have PM now, but I may decide to break down and purchase a years worth and see what the benefits are.

I have not posted lately, mainly read others posts. However, I do watch for certain things that happen that the government just won't say to the public. One big flinch the government made was when Bernanke announced no tapering of the QE, at least not for now. The claim was that tapering would have an adverse affect on the economy. Well, I'll tell you one thing, if the government passed on what most economists thought would be the best time to taper printing money, you better believe the government will not have the stomach to mess with fnf in any substantial way. The government is petrified of anything that will cause any downturn in the economy, and right now, messing with fnf will do exactly that. Holding true and steady now will be the key, regardless of how much up or down the price moves each week. Right now, day traders are having a field day with the three to five cent swings in a days time. But that in itself is the big risk. Many have said it, and I think the case will be that news will hit after hours or on a weekend, probably around net zero time. What news would be the trigger? I think there is only one announcement that will press the button for launch, the end of c-ship. Those that are not in will miss out on the bottom floor price by many dollars. It's coming, it just takes patients.

GLTY