Replies to post #571486 on Fannie Mae (FNMA)

[slacker01]

Congress could up until Jan 01 2018 restrict the Secretary of the Treasury from selling/canceling the SPS without legislative approval. That time limit has expired. If you recall from school house rock a bill must go through three steps to become/amend a law. First a bill starts in the house and if they vote to approve it then it goes to the Senate. If the Senate approves it then the President will sign it into law or veto it.

Considering that Water's bill will need to go through that process it incredibly unlikely it would make it to Trump and if it did he would likely veto it.

So what is the fear fairy that haunts your dreams?

Obviously she thinks she wields the power to do so. So we shall see after tomorrow. The dems think that they have unrestricted power and nobody can stand in their way. Who is going to stop them? Do you really think the democratic process or rule of law will do it? HA! We have been chasing ghosts on this for 11 years.