Freddie Mac-No Politics (FMCC)

[TaperT2]

I just read this from 24hrs ago
Hard to keep up with this unruly GOV ... Just as many in Past have defeated the puppeteer Gov
FnF is Next inline With its Owners!!!

People can debate the wisdom and benefits of the government essentially nationalizing Fannie and Freddie. However, there is no debate about the ethics of fraud. The best way out of this dilemma is for the government to reverse the Third Amendment and begin allowing Freddie and Fannie’s shareholders to receive some or all of the future earnings. If the government did this, the fraud’s economic damages would disappear since the government just recently reached the point where it was fully paid back.

Our government is supposed to be policing securities fraud, not committing it. There is no excuse for defrauding investors just to enrich the Treasury.

"The government needs to admit its wrongdoing", make reparations if needed, and take steps to make sure it does not repeat this type of behavior.

As for investors, they should learn that at least for the rest of the Obama administration you cannot trust the government.

http://www.forbes.com/sites/jeffreydorfman/2014/03/08/obama-administrations-lawlessness-finally-hits-home-with-investors/?partner=yahootix.