Replies to post #379624 on Fannie Mae-No Politics (FNMA)

[955]

Jreinhold, your vision is laser sharp. It's what motivated many to back Trump.

Does it bother anyone that congress seems to HATE share holders while shadowing messing up shareholder equity as justified?

Does it bug anyone that despite the FCIC findings on the community reinvestment act and the mandates that were pushed on fannie and freddie the congress WILL NOT accept responsibility as having its faults and instead of acknowledging the debt it paid in full they hold them hostage and say look... look were doing something positive for tax payers.... which they buy because no one likes it when people who arent them make money...

Its astonishing that the ptsd these politicians have hasnt been remedied by logic and understanding. But they let the tbtf banks go... and indebt companies and people who own the companies under the guise that something needs to be done to prevent the next financial collapse... know what? A real estate crash is why FnF were chartered in the first place. ACKNOWLEDGE GOVERNMENT POLICY FAILED, FIX IT AND MOVE ON.

Seriously dude f**k politicians. Lets give stuff to people who cant afford it then blame someone for the problems we created.

[Brugee]

I thought the same thing yesterday when one of the Senators asked Mnuchin something along the lines of if he would would side with the group of lobbyist, shareholders, and special interest groups that are suing and who look to profit from FNMA or the taxpayers. It was just very slanted to shed us in a bad light like we are the bad guys. Also sounded like the senator knew generally about the lawsuits but didn't know the specifics. Wish I could remember which one it was but I was at work listening while working.