Fannie Mae-No Politics (FNMA)

[Letgoofmyfannie]

In Horne v. Department of Agriculture, a decision issued in June, the justices unanimously rejected the Obama administration's argument that raisin farmers did not have the right to go to court to contest the seizure of hundreds of thousands of dollars worth of raisins. The Fifth Amendment states that the government must pay "just compensation" whenever the government takes private property for "public use." But the administration claimed that farmers could not even raise the takings issue in court without first enduring lengthy delays and paying a $483,000 fine.