Replies to post #279132 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

why?

in his mind still - to be changed I hope by those who know better

F and F still a big part of the initial problem

F and F were a duopoly that was out of control

F and F can not be fixed and somehow private money will be so much better

yet all proposals for private money reintroduce the gov as reinsurance or backstop so they make NO sense

and thus stalemate

BO does not want another bail out

Start from there - present solutions to stop another bail out and he will listen

I think sharing risk AT F and F with private sector (as started)
I think not giving F and F any greater "implied or real" access to whatever GOV assurance is available
I think blending F and F with other private companies
I think expecting seriously larger capital from all these companies

I think F and F as the company that is NOT a TBTF Bank and thus is not creating mortgages and then in the basement hiding flawas and exiting with an MBE or PLMBS offering is in the best position to be fair to investors and taxpayers

this should sink in
but BO apparently is driven by --- NOT AGAIN