Replies to post #368545 on Fannie Mae-No Politics (FNMA)

[SGINPHX]

nice info whipstick...i would edit it and say something about gaps...or turkeys...or how we are going to .001 or something so it stays. Just my opinion FWIW LOL

[chessmaster315]

In part, this Obama schill wants to:
"..convert the companies to a government-owned corporation that will ensure fair mortgage access, control market risk, and take the upsides, as well as any downsides, of the market, which will be more stable under this structure."

This is exactly what Obama wants to do, and it sounds like they have never heard of the US Constitution, which prohibits the government "converting the companies to government owned" without just compensation.

They try so hard to justify this taking, suggesting shareholders "owe" the government for "saving us" with a bailout we did not want/need , nor did we ask for. Instead, the bailout was shoved down shareholders throats AFTER the US Government (Hank Paulsen) had said just 3 weeks prior that "Fannie was sound and not in need of government funds."

Source: Wikipedia Hank Paulsen.
https://en.wikipedia.org/wiki/Henry_Paulson

[stink stack]

Don't worry about it whipstick. This board has a high school crowd mindset. Most are traders. We must have balance, meaning a short position is welcome. This has been a good Trading stock but it is ending. This is turning into a investor long position with each passing day. GLTY.