President Trump can make a lot of money for taxpayers without further looting Fannie Mae and Freddie Mac. If President Trump is true to his word and rolls out his the Great American Mortgage Corporation in November 2025, he can put Fannie Mae, Freddie Mac and Ginnie Mae in the Sovereign Fund. One (not only) way of distributing the new corporation would be their Books of Business. Fannie holds $4.1 trillion; Freddie $3.6 trillion; and Ginnie $2.8 trillion. My proposal is that Fannie shareholders get 39% of the new corporation; Freddie shareholders 34%; and the government 27%. If the new corporation is worth a trillion dollars (according to Pulte) the government and taxpayers make $270 billion on top of $110 billion it already made. That's $380 billion. Let's say Pulte doubled their actual value, then the government share of profits would be $135 billion + $110 billion = $245 billion. Not shabby.
All shareholders reading this post, for the love of our Constitution, please stop pimping the warrants.
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