Replies to post #433802 on Fannie Mae-No Politics (FNMA)

[contrarian bull]

So what was funding the ACA subsidies again?

Ok - just for giggles - what if F&F sweep payments were funding the ACA. So what? How does that affect the F&F shareholders?

It may anger some - and I suppose that is good - but going forward will it help us?

[rekcusdo]

So what was funding the ACA subsidies again?

There have been dozens of articles written about this...

https://www.washingtonpost.com/news/wonk/wp/2012/08/30/how-congress-paid-for-obamacare-in-two-charts/?utm_term=.4f3eda4fc814

http://time.com/money/collection-post/4537027/how-is-obamacare-paid-for/

http://alignamerica.com/node/62

Between tax penalties (50-60 billion), excise taxes (100-150 billion), savings in uncompensated care (250-300 billion), new tax on high income payers (300-350 billion) and an array of other taxes and savings that help contribute to payment.

Not one of the articles referred to FnF payments. And even, if you took into consideration FnF, that would be a mere 80 billion dollars in surplus...a mere drop in the bucket.

"UST opening their books to the public"

Wouldn't THAT be nice.

Honestly I find your head in the sand-ness on this subject disconcerting.

Lol...I would appreciate it if you don't use ad hominems on me. My opinions come from years of experience and activity in the health care arena and from a legal education...if you disagree, that is fine...but reducing my opinion down to "head in the sand" is just insulting.