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Re: IL Padrino post# 186619

Tuesday, 03/11/2014 8:57:58 AM

Tuesday, March 11, 2014 8:57:58 AM

Post# of 797269
That's a very good point! The United States has MASSIVE amounts of DEBT and unfunded liabilities. In my opinion the U.S. government cannot end the conservatorship of FNMA & FMCC even if they wanted to. Federal, state and local governments are desperate for more funds. Don't expect Obama to end the conservatorship anytime soon. He believes in paying your fair share. Which is exactly what FNMA & FMCC have been doing recently.

http://www.usdebtclock.org/