Replies to post #569570 on Fannie Mae-No Politics (FNMA)

[Golfbum22]

I have known for a longtime he is Carney's Blarney.

I don't know why everyone has given him so much credit for fake news. IMO

[Guido2]

Does fantasizing hurt anyone?

I think it’s OK to fantasize if you’re in a bad position and the fantasy helps you to escape your dire situation. In fact, it might be therapeutic.

Here, however, the conversion fantasy does hurt. A couple of posters brought up gas lighting some time back. We definitely have it going on here. The conversion proponents purposely avoid mentioning Calabria repeatedly stating that Fannie Mae and Freddie Mac will be responsible to raise their own capital. They also avoid his statements about mileposts and slow capital raise. The sad part is they financially hurt those who believe them.