Replies to post #428844 on Fannie Mae-No Politics (FNMA)

[jog49]

Until action is taken, it's all fluff and hot air. You know politicians can talk about a subject until blue in the face and when all is said and done, nobody knows what was said and will come to realize that absolutely nothing was accomplished.

[bcde]

imtheshadow,

Agree 100%. It is the most unexpected gamechanger development so far. No one expected this from Reps. Besides letter from Democratic Senators is also very good news.

Now it is impossible for Corkers and Warners to get any party level support. David Stevens of MBA will be most disappointed with favorable mention of below words in RNC resolution.
1. rights of corporate stockowners
2. Sanctity of property rights
3. rule of law
4. publicly traded mortgage insurance companies providing enormous benefits to America’s housing market without costing taxpayers a penny;

When I read the resolution, all words seems to have their own importance in conveying the right message. The wordings could not have been any better.

Republicans are going to use ending conservatorship as a major achievement. This will also help Republicans in creating more jobs and better economy.

Only God knows, why Obama could not have done this. May be speaking fees and writing fees distracted him.