Replies to post #163977 on Fannie Mae-No Politics (FNMA)

[Always wondering]

Thank you so much, very appreciated obit.

[crawford2012]

Obiteridctum, very good info in your post. Thank you for taking the time to put it together and share. This info on key in letter us know the mistakes they were done along the way which (I hope) will make it much easier for law makers to do the right thing.

Cheers Obi!
Crawford!

[Sogo]

Thanks obit! Sounds like 3rd is what some suspected all along; a clumsy attempt by the gvt to grab as much $ as possible as quickly as possible. Maybe this administration was actively searching for a cash cow somewhere, as it anticipated debt ceilings being hit in the next years (2012 & 2013) sooner without a new source of cash. I'm just throwing ideas out here Obit, so please don't feel obligated to reply to this post, and save your posts. Anyway, the gvt's initial attempts at explaining the 3rd amendment appear to be an attempt by this administration to "pull forward" the GSEs' future dividend payments over the next 5-10 years into this present-day 1-3 year time frame of 2012-2015 or so. An attempt to gain more $ for them to spend in their 2nd term, just as it is becoming increasingly difficult for them to find another source of $. Raising taxes in a recession? They already tried it. More of that would certainly decimate the middle class, which is still struggling. The only source of new "revenue" is / was FnF. It's Plain as day to me.

[rosen62]

Thank you Obit for always taking the time to comment. Your feedback is so valuable.

Perhaps the only value of these documents is to better assess possible witness cross- examinations. Which may not go well for the government. Unless, as you say, there's privileged information still to be released or expert witnesses waiting in the shadows.