Replies to post #436795 on Fannie Mae-No Politics (FNMA)

[jog49]

You are correct, I believe. It's even a planned tactic to not water or fertilize Fannie and Freddie and they will wilt and die on the vine.

This whole fiasco stinks to high heaven.

[955]

If they do, it will be a sure death knell to the entire American & Global economies, guaranteed. Utter suicide. Can't believe the Trump Administration would permit this to happen. Surely they can see the danger.

Dual threats: taxReform and 1/1/18zeroCapital/Jumpstart. Both threats are controlled by congress. We're seeing a well-timed kill shot by the TBTF. At least that is my fear. I'm long and have been for years. But it's typical of congress to wrap a devious act such as taking a multi-billion dollar slice out of the GSEs' balance sheet into a bill like one reforming and lowering taxes. And to do so on the eve of the congressionally-set zero capital date is again probably a coordinated series of moves meant to eliminate the GSEs. Courts? Ha.