Replies to post #88080 on Fannie Mae-No Politics (FNMA)

[mrfence]

That article telegraphs huge positive support of FnF shareholders to come... thanks for reposting as it's still very fresh!

[smoke_em]

If Fannie and Freddie remain under government control over the next 10 years, taxpayers could receive $51 billion more than the $187.5 billion shelled out to rescue the companies, according to the recent Obama administration budget projection. (More like the next 10 months,IMO)

This is Obama's only golden goose, FnF are paying for his pet projects and food stamp meal tickets for millions. No way FnF go away, but it will take a court to tell Obama this is a private company once tax payer money is repaid to zero sum, then its just plain wrong to let the Government keep sucking the FnF money tit............