Replies to post #77300 on Fannie Mae-No Politics (FNMA)

[InDepthAnalysis]

In 2011 the government had little reason to wind FnF down as there was still a large amount of taxpayer debt still outstanding. With taxpayers profiting on FnF in the coming months there is more incentive to wind FnF down, especially with the increasing pressure to reprivatize them. This is why Corker said during his speech "If reform is ever to be made, it has to be done very soon"

The whole thing is stupid, but that kind of stupidity is what our government specializes in. I'd be shocked if they did something that catered to the minority at least once while at the same time putting their political career and the potential for tons of money on the backburner. But there is just too much benefit and very little downside when you look at it from their point of view.