Replies to post #504733 on Fannie Mae-No Politics (FNMA)

[reyprimero]

Agreed 100% .All this circus have to be stoped for the good of our country.Rule of laws and the constitution has to be last word on courts.Aparently executive branch know that too and going to act consequently.Go FnF

[Donotunderstand]

re usury

if one argues - with good reason that the whole Bush Paulson effort was crooked and F and F needed no money - yes 10% is corrupt

if one argues - with good reason that the Bush Paulson effort was real and for known and unknow reasons the country needed the POTUS and TREASURY to intervene -- then depending on how far you run with paper loss write downs (mark to market) - this could be - in that view - while equity - debtor in possession financing and 10% is normative

that is a subject that will take 100 years and 100 Solomons to unravel and people will believe their own sense of the truth at the end anyway

What - IMO - no one can defend is the NWS. That takes every penny of profit. It is a taking. Such over reach could not have been foreseen in the minds of those who wrote HERA and thus it was never the intent of the HERA legislation to do this and thus illegal (and I say that as a general BO fan - that action was wrong and he should haver reversed it when it became clear that the arguments for it were a sham)

All of us have views and the truth will never be found 100% - but at some point in the last X years ---- the actions of the GOV stepped over a legal line. It then is an issue of WHEN (day one - day 200 - day NWS - ?) it became 100% illegal

Currently what is going on is a taking without compensation