Replies to post #171437 on Fannie Mae-No Politics (FNMA)

[Pugilista]

you are saying what I have been saying all along. Why would a cash strapped govt. like ours give up a cash cow? Our govt. is gonna legalize pot so they can tax it for revenue. we have so many expenses. That's like a floundering business not selling its no.1 product. I just don't see this playing out well for us. I hope it does I have a good amount of fnf and I would be set up pretty good if FNF were released, but will it be. Who knows. One can only hope.

The question I have asked a couple times on this board, but got no answer to was if you were in Uncle Sam's position with tons of debt and only 1 thing making you money would you give it up willingly? I know I wouldn't

[ada]

That's called communism

[penknee]

The profits go to the Treasury, which in essence would reduce the national debt and benefit taxpayers. If I owned 80% of a company I would hang on to that cash cow too.