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Cynic-Al

05/30/13 11:41 PM

#48669 RE: crawford2012 #48657

Thanks for your polite reply I appreciate it. I don't know for sure if it will be wound down but I do know for sure that the terms of the conservatorship call for fannie and freddie to be wound down. People are banking on fannie and freddie making so much money that the government will change their minds and release it with all shares intact and let it make people millions.
Once this stock started to makes its huge push Corker started pressing his legislation again. It's obvious to me Congress doesn't want to let this cash cow get milked by everyone. The Democrat's do run Congress but the Republicans run the house and when it comes to huge money to be made both parties can come together to keep it in their favor. Obama might have intentions to release F&F but harder said then done when congress is in control of that, and I think we all know how much support Obama usually receives from congress when he wants to get something done.