Fannie Mae-No Politics (FNMA)

[Steel Penny]

Your post is so on point as an answer to why I find it difficult to recommend F&F as investments. We own a small (6,600 shrs) amount and believe that it will build in value, BUT.

Yea, that BUT scares the hell out of me. But for the politics. The politics can kill everything. I do believe that the court should find that the fifth amendment to the Constitution has been violated by the government in the last amendment relating to F&F. I do believe the Court should rescind the agreement. But I'm not sure the judge will allow justice to prevail, given the cost to the government. Obi has many good things to say, but I just can't seem to allay the feeling that the courts may be more prone to accept the governments position rather than that of the plaintiffs, just because they are the government, and the government appointed him and pays him. We are holding long and are hoping for the best but still can't shake the feeling that politics will trump the law - unless the politicians have decided that F&F are stocks that will help many of them line their own pockets. I guess I'm just losing my faith in our government.

Sure hope I'm wrong. GLTA.