Replies to post #317606 on Fannie Mae-No Politics (FNMA)

[navycmdr]

or the 1/2 Billion to Solindra ... or Obummer spending $500 mil to train "5" anti-ISIS fighters

[jarenawer]

Touche

[955]

+1

"FOLLOW THE MONEY.............and if you follow the money, you will find that they [Fannie & Freddie] were taken over in order to be used as a vehicle by the government to buy mortgage backed securities in the fall of 2008 from the banks that were ill-liquid and they were used as a vehicle to liquefy the big banks." - Gary Hindes

Good new image from twitter---pls check out

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=117743673


Gary Hindes has close personal connections to top administration officials:

Sure, they can do it during their weekly announcements which they state they won't stand behind and bail out any of the TBTF Banks....oh wait,...

Quote:
That's surely good news to hear that taxpayer's are not on the hook for Fannie Mae's MBS. Based on this fact, there should be no objection to the government issuing a statement that it will offer no guarantees on any loan paper that involves the GSEs.

Right?