Replies to post #604571 on Fannie Mae-No Politics (FNMA)

[trunkmonk]

Mongo would have let him dig own ditch more. U good man, Mongo like u, I invite skumtic to bean fest in ur honor. GSE to da moon. Choo Choo moving again.

[skeptic7]

"During the financial crisis of 2008, the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) — collectively known as the Government-sponsored enterprises (GSEs) — suffered significant losses due to their structural flaws and lack of sufficient regulatory oversight. To prevent their failure, the GSEs received support from the Federal Government and were placed into conservatorship in September 2008." "The lack of comprehensive housing finance reform since the financial crisis of 2008 has left taxpayers potentially exposed to future bailouts..."

So this whole thing is based on things we all know to be lies. But hey, if you're OK with that, good for you. Trump bought the bullshit, hook-line-and sinker.