Wednesday, October 28, 2015 10:44:31 AM
Never needed a bailout
Bailout was forced upon them
Conservatorship was policy decision to provide a scapegoat and Backdoor bailout to big banks
Fhfa has never operated as an independent agency
Fhfa mandated GSE's buy 40B a month in toxic non performing mbs from the banks who created the crisis
Fhfa used fraudulent accounting to over reserve for future losses forcing GSE's to go red
Fhfa as treasury minion, executed the one sided 3rd amendment to capture the loan loss reserve reversals
Fhfa used it's control to settle with banks for 1% of liabilities from fraudulent security sales
The fed and treasury put a gun to the heads of GSE's to force them into accepting conservatorship under threat and duress. These agreements are invalid. No contract is upheld under duress. The whole
Thing is void ab intitio.
Gov is corrupt, owned by banks esp the fed, is covering for them and refused to prosecute anyone responsible.
They have declared America a lawless land and the people need to see it for what it is. Without an equally meted system of justice, lawlessness and despotism will bring anarchy and chaos.
The media has revealed itself as a fraud by failing to report the severity of the situation. They are aiding and abetting this illegal systemic corruption
The people must awaken and withdraw consent from such a government and form a
New government that serves the people not the power hungry immoral banking conglomerates
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