Replies to post #343234 on Fannie Mae-No Politics (FNMA)

[Mikey Mike]

No one is against a reform...that's fine...reform all they want, but give shareholders their share of the pie while they're reforming...20.01% is what's fair during the reform process...changing the legislation doesn't mean take 100% profit while doing so...I think that's what everyone is so angry about it...at the same token in an economic downturn we'll take 20.01% of the responsibilty during the transition that way we have a shared responsibility/profit that will steer away from a full taxpayer backstop...there's plenty of private investors that's willing to take that risk so long as we understand that the government is not trying to replace the two institutions, but more so to change the way how they were doing business in the past...just a sense of going on the path to recovery with modification is all that we need as a sense of assurance...nothing more nothing less...that itself would have eliminated all these lawsuits to begin with...yet greed played a large role when Treasury and FHFA made these unlawful changes that stired up the pot with frustration and anger...

[jarenawer]

If there is a $ 200 bilion credit line why were them bailed out in 2008?

Tic tac tic tac

Stevens, crook everywhere.

[Donotunderstand]

I repeat

My own thinking and opinion

Any and all editorials - position papers - whatever that calls for congressional action for RELIEF - is a call for the death of the way we helped finance the purchase of housing for 50+ years

No matter how they dress it up - no one in their right mind expects constructive legislation from this legislative body

Thus a call for such is a call for more delay while F and F use up the capital left to them

Then after paying the GOV a ton of money - profit - we will in a year see F and F in trouble and bad guys again

Sorry to anyone who believes otherwise -

Courts
Watt
Obama

Sorry but those are our options - and its 80% courts in my mind and 10% for each of Watt and Obama (and as noted before if such is to occur it will be in the TRUE lame duck period post election day and before inauguration day)