Replies to post #707955 on Fannie Mae-No Politics (FNMA)

[Mnemonic]

Yes, I really believe this, because the CBO believes this. Check the paper. Any scenario where capital threshold can be reached has JPS at $35B.

But if you really wanted to go there, yes, the government can do whatever it wants. They can take your house and your dog if they want. They just have to provide just compensation as per the fifth amendment.

If Treasury and FHFA conspire to liquidate the JPS, all they're doing is making our contract claims ripe by making an anticipatory beach an actual breach, and they'll pay us for takings in court.

If you honestly believe the government can operate this way without penalty, then you should ditch your investment here. The whole system is based on laws, and if you don't trust those laws, you're better off hiding your money in a mattress.