Replies to post #764962 on Fannie Mae-No Politics (FNMA)

[Rodney5]

jeddiemack, what you said reminded me what I read several years ago.

Adam Spittler CPA, MS
Mike Ciklin JD, MBA, MRE

Quote: “In summary, the entire Conservatorship, the notion of GSE instability, and a failed model appears to have been fabricated by the U.S. Treasury. HERA was passed by a congress during a moment of weakness and panic without any or all the congressmen and congresswomen understanding the details (fine fine print) and how these could be manipulated, As we have seen Fannie Mae was able to pay back the entire amount of funding from the U.S. Treasury because it never burned or needed the cash in the first place... as proven, strangely enough, via the Company's own disclosures.” End of Quote.

[stoxjock]

Yes. The conspiracies were hatched by the FED-UST-Wall Street coterie to 'bail out' the Huge Losses that the ig Wall St banks had due to their massive Derivatives exposure and then the Hubris of the 'Fat Fingering' Traders...So, they had to "Fix the Mian Street' so that they could 'transfer' all that Main St wealth (the FnF were sort of "proxy' for Profits being generated by Main St USA) and hence with one Fell Swoop, they not only passed the Huge $TT of "Bail-outs' But also at the same time 'Nationalized' the FnF Twins so that they could grab all that Cash in the FnF Coffers... WaMu & LBHI were stolen same way - Mainly to 'Save' JPMC, GS & MS.