Replies to post #473293 on Fannie Mae-No Politics (FNMA)

[Cerebellum]

Nationalization is when a state assumes control of a private entity

I understand your assertion.

The original intention is irrelevant (in any case, the chaos surrounding the 2008 crisis provides plenty of alibi material)

It was a conseevatorship until AUGUST 2012 when the FHFA and Treaaury nationalized both Fannie Mae and Freddie Mac.

Maybe start a new hashtag #CINO

Conservatorship In Name Only

The NWS extracts 100% of the profit for the State’s benefit

[Rk3]

“Re: Cerebellum Post# 473292
Nationalization implies that the actions were at least quasi legal. The actions here have not been.”

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Could not agree more Whip.
The GSE shareholders have been kept
around for the sole purpose of being saddled with the massive staggering DEBT while the government skims the
staggering massive profit!

I’ve said it before this whole thing is a Ponzi Scheme and everyone should file official charges as such with all pertinent levels of law enforcement.

Come on Team.. let’s make some noise!