Freddie Mac-No Politics (FMCC)

[955]

Hearing rumblings US may default on its debt come 30 Sept. Two week extension puts us at 14 Oct. Things will get pretty dicey if that happens. Apparently the BILLIONS sent to Ukraine was higher priority. Heard ole Joe was on the phone with Xi Jinping pleading for mercy. GLWT! Likely to have impact on damage awards, if any, IMO. The timing is just too incredible.

[955]

Original intent for relationship between rulers and the people and how it got corrupted:

* * *
For those readers who are more religiously minded, you might ask, What does the Bible say about the proper role between rulers and the people?
You might be surprised to learn that one of the earliest books of the Bible, the Book of Samuel, takes a very dim view of rulers, especially kings.
The Book of Samuel takes place after the Jews have fled Egypt in the Exodus and reestablished themselves in Israel. At this time, Israel had no king but instead had judges who would settle issues brought before them. This period was known as the Age of Judges and lasted about a century.
In his old age Samuel appointed his sons judges over Israel. His first-born was named Joel, his second son, Abijah; they judged at Beer-sheba. His sons did not follow his example but sought illicit gain and accepted bribes, perverting justice. Therefore, all the elders of Israel came in a body to Samuel at Ramah and said to him, “Now that you are old, and your sons do not follow your example, appoint a king over us, as other nations have, to judge us.”
Samuel was displeased when they asked for a king to judge them. He prayed to the Lord, however, who said in answer, “Grant the people’s every request. It is not you they reject, they are rejecting me as their king. As they have treated me constantly from the day I brought them from Egypt to this day, deserting me and worshipping strange gods, so do they treat you too. Now grant their request; but at the same time, warn them solemnly and inform them of the rights of the king who will rule over them.”

Samuel delivered the message of the Lord in full to those who were asking him for a king. He told them: “The rights of the king who will rule you will be as follows: He will take your sons and assign them to his chariots and horses, and they will run before his chariot. He will also appoint from among them his commanders of groups of a thousand and of a hundred soldiers. He will set them to do his plowing and harvesting, and to make his implements of war and the equipment of his chariots.

“He will use your daughters as ointment-makers, as cooks, and as bakers. He will take the best of your fields, vineyards, and olive groves, and give them to his officials. He will tithe your crops and your vineyards, and give the revenue to his eunuchs and his slaves. He will take your male and female servants, as well as your best oxen and asses, and use them to do his work. He will tithe your flocks and you yourselves will become his slaves. When this takes place, you will complain against the king whom you have chosen, but on that day the Lord will not answer you.” 1

A person might be forgiven if he comes to the conclusion that God was the original insurrectionist. However, the correct interpretation is that God was suspicious from the beginning that having a king, or any ruler, was a good idea. His preference was that the people kept Him in their hearts, and thus would not need any rulers.
When one uses the frame of the Samuel story, it becomes clear why many believe the United States to be a divinely ordained nation. Our founding documents clearly place the people as the true masters of our country, if only we act like it. The rulers serve the people, not the other way around. The more power is given to the people, the more God’s will is accomplished. People who demand more freedom are working in God’s interest, because they trust themselves to hear God’s voice. The faithful are not fearful of the world around them. If you find a person filled with fear, then God is not with them.
The premise of this book is that the battle we are fighting against the Great Reset is nothing more than an ancient battle between the forces of freedom and tyranny. And yet, the critical piece of this fight is not found with those who are publicly advocating for our historic freedoms, or among those advocating for greater governmental control of your life.
The battle is won or lost by you, the public, deciding whether you want freedom over your life and decisions or more governmental control.
Choose wisely.
* * *

[FFFacts]

I think it might. Scotus screwed it up though.

[Brooge warrants cancelled]

you think this is not going to trial?

[FFFacts]

It is the clerk that docketed it but I don't think lamberth has written his opinion on dismissal or made up his mind. Court calendars change all the time. Although it may be a clue that he is not going to dismiss he would likely formally rule on that after pretrial conference and all motions have been submitted. I would estimate the last week of Sept or first week of Oct is when the formal ruling on motion to dismiss will come out.

[FOFreddie]

Isnt this a big deal? Would Lamberth dismiss the case if he actually scheduled the courtroom? Doesn't this mean we are going to trial?

Thanks to Hvp123:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169955047

[FFFacts]

The plaintiff lawyers have limited witnesses. They could have done a much better job.

[trunkmonk]

Why MC keeps talking about housing is beyond me. he completely failed to conserve anything other than theft and free money for treasury at the last minute. put him on the stand.

[Ace Trader]

I’m glad Hamish Hume and Co has asked the judge to have the jury fill out a forM stating certain things like : do you or have you worked for the federal
government??

[nadodude]

100 percent correct!

[955]

Again, DJT did not initiate 'conservatorship' or NWS nationalization. That would be RINO Bush and Obama. Why, in your view, do 'the sins of DJT' outweigh the sins of Bush/Obama? Could it be deflection? Sounds like twisted logic, no?

DNU

and what does that mean ?

DJT was POTUS for 4 years ------ Why did he not send a strong opinion to DOJ or to Treasury or to FHFA during those four years --- on this issue !!!

Doing it after he left office in a letter to Rand Paul --- clearly ONLY after Rand Paul asked for it --- shows me a weak - uninformed - non caring POTUS whose aide wrote a post fact letter to one Senator

To me this proves the very opposite of what you want it to prove or show

And --- again repeating I am long the common and JPS - to me this is not anything of value in a court

[trunkmonk]

Lets hope their personal gains are with the GSE release, good luck right. yup, they have taken away from more Americans, and destroyed more of the second class, then anyone could possibly do by accident. Bill is missing, he did the most damage of them all, He started it, signed NAFTA and GATT, and enabled the Demonrats ever since.

[955]

DJT did not place the GSE's into FAKE, FRAUDULENT 'conservatorship' nor did he nationalize them with NWS. 2 of his 4 years in office, Obama appointee Watt had GSE's under a death grip for which his removal was "for cause" only. DJT entire 4 years saw DOJ staffed with DEM sympathizers employing any and every opportunity to impeach him. Again, where are subpoenas for Paulson, Geithner, Bernanke, Bush, Obama? Clinton, Frank as well.

“The majority of thinking people the world over realize that it is Russia who is on the side of truth and is doing its best to thwart a global Nazi comeback,” Foreign Intelligence Service Director Sergey Naryshkin explained on September 3rd. “I am confident that the inevitable destruction of the hegemony of the West’s liberal-totalitarian regimes will also make the world a more open, honest, and just place,” he added.

take it easy

1. By not including DJT you negate your entire premise -- period

2. We do not need that level --- what we need is the emails and other papers that showed the lieing to the court and the intent --- maybe since day one - to kill us and that not working STARVE us to death

but - next time - add DJT so your point has some validity

why do you never ever blame DJT for his four years -- when he had TREASURY (all he needed to kill LP/SP) for FOUR YEARS ?

and he had DOJ with his people for four years and could have stopped fighting at any point in over 1,200 days !!

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169908374

[trunkmonk]

In case anyone was wondering, release would include bringing stocks to, or applying for trading on a new exchange. Only real shares will be there naked this and that can keep trading on pink list.

[trunkmonk]

if i was a lawyer for plaintiffs, i would be asking why anything about GSEs is about national security. Trump was not on GSE side, he could have declassified the documents, just like all the other junk he declassified and too with him. all a MASSIVE con job to screw investors out of their property.

[FFFacts]

Gorsuch stated it in his opinion. He is a real justice. The fact that the court opined that fhfa can act in the publics best interest could overrule every other case except for the nationalization clam. Lets see what happens.

[FOFreddie]

Gorsuch or Thomas?

Gorsuch made a lot of sense in his Collins Opinion - didn't he?:

"The only lesson I can divine is that the Court’s opinion today is a product of its unique context—a retreat prompted by the prospect that affording a more traditional remedy here could mean unwinding or disgorging hundreds of millions of dollars that have already changed hands. Ante, at 32–33. The Court may blanch at authorizing such relief today, but nothing it says undoes our prior guidance authorizing more meaningful relief in other situations."

There are several Cert cases, Rop, Collins and Bhatti which could be one of the other situations "authorizing more meaningful relief"?

[955]

Exactly what I'm afraid of. None of the fake 'conservatorship' evidence has seen the light nor have attorney's or media demanded it. It's been one massive cover-up of the crime of the century. There will be a price to pay, however. It's coming.

[FFFacts]

Market clearly knows something that the retail investor doesn't. Lamberth summary judgment or prospect of appeal is a plausible scenario, especially after scotus said fhfa could act in the best interest of itself or the public. Gorsuch already hinted at putting shareholders out of their misery. Also, in the event of trial the damages model could be vastly different than Plaintiffs version.

[FOFreddie]

Got to believe that risk of Summary Judgement dismissal for Lamberth decreases with every filing.

Looking forward to Judge Thapur's take on Rop. I am expecting to be disappointed but thinking it could be the first legal grenade to go off.

Kind of thinking that Admin Action is not dead especially since they passed the Green New Deal and took executive action on Student Debt. The Calhoun Plan would seem fit right in and could be spun as a political win for housing policy.

Seems that the Fairholme Plaintiffs were very strategic in the multiple Cert Petitions - cant understand how SCOTUS could allow an unresolved takings issue to stand.

Probably will be disappointed but we should expect a lot to happen on the legal front in September and through the end of the year. Also getting closer to Nov 2024 with every passing day while the GSEs build capital.

[FOFreddie]

Not Urgent - but Kelly Update - Filed August 2nd.

It will be interesting who will be the new counsel for Kelly:

Nothing will happen until November 1. Low probability but rich fact pattern regarding the activities of UST and NEC prior to Conservatorship.

IN THE UNITED STATES COURT OF FEDERAL CLAIMS MICHAEL E. KELLY, et al., Plaintiffs, v. THE UNITED STATES, Defendant. No. 21-1949C (Judge Kathryn C. Davis) MOTION OF PLAINTIFFS TO MODIFY BRIEFING SCHEDULE ON MOTION TO DISMISS (UNOPPOSED) Before litigation on the Government’s motion to dismiss, Plaintiffs anticipate a substitution of counsel. See RCFC 83.1(c)(4)(A). To accommodate this recent development, Plaintiffs seek modification of the briefing schedule. See RCFC 16(b)(4). Currently, the Government’s motion to dismiss is due by September 2, 2022. See ECF No. 11 (docket text entry). Information on new counsel is not yet available, but this request is made at the earliest opportunity to protect the clients and to clarify the due date for the Government’s motion to dismiss. Plaintiffs propose the following modification to the briefing schedule: ACTION DATE United States Files Motion to Dismiss November 1, 2022 Plaintiffs File Response December 13, 2022 United States Files Reply January 20, 2022 The Government has advised that this modification is unopposed.1 1 By email with Anthony F. Schiavetti, counsel for the United States. Case 1:21-cv-01949-KCD Document 12 Filed 08/02/22 Page 1 of 2 2 For the reasons stated constituting good cause, Plaintiffs respectfully ask the Court to modify the briefing schedule as set forth above. Respectfully submitted, HAGENS BERMAN SOBOL SHAPIRO LLP By: /s/ Steve W. Berman Steve W. Berman 1301 Second Avenue, Suite 2000 Seattle, WA 98101 [phone] (telephone) [phone] (facsimile) [e-mail] Counsel for Plaintiffs Dated: August 2, 2022

[955]

Hopefully the jury will see it that way. Anything less is a travesty. A victory for us acknowledging GSE theft to bail out TBTF banks could provide more fodder for abolishing banks and switching to a crypto based system much to the satisfaction of the globalists. That way access, regulation and manipulation of the currency could be pulled off on a much grander scale. Would we be better off? Not likely. What's missing is deterrence.......accountability for wrong doing. But they don't want that. What they do want is a two-tiered system of justice permitting them to pull off similar heists in the future.

[trunkmonk]

Posted on other board, i read that over a few times, not once does it look feel or act like conservator, more like blood suckers, thieves, mafia, self dealing, eternal punishers, take your pick.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169841900

[naveedkhan]

That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness

[trunkmonk]

I only hope history repeated itself. .30 to over $4. Which took time but rumors are better than news. It went up and down a while but also went from 1 to 3. I won’t make same mistake I hope. It can move when it wants to.

[955]

I hope that it is made clear in court that the government made the decision to sell the companies to private owners long ago.

Unfortunately, that and sovereign country's constitutions went out the window during 1st Bush Admin when NWO globalists took over. We've all been hijacked and the only way to turn it around is thru arrests of the criminals and peaceful revolutions. Numbers is key. Folks need to smell the coffee. MSM and most Govt's are complicit and can no longer be trusted.

[naveedkhan]

GSE = branding / misconception problem.

I think the vast majority of people and even some in congress or senate (like AOC and max waters)think that government SPONSORED implies some sort of ownership (yeah I know that with “seniors” the gov can technically own a large portion of the companies). I hope that it is made clear in court that the government made the decision to sell the companies to private owners long ago.

[Travel5]

Hope so!!! So many times, I felt we were close… so hopefully no political/magic tricks to harm shareholders.

[trunkmonk]

Its about the best it can be right now, by years end i should know if its write off time for some shares or not. for both our sakes lets hope not and payback is around the corner.

[Travel5]

Hello Trunckmonk - I am still holding shares… forever and a day… ugh. I hope all is well with you!

Checking in to see how things are going with FnF. Seems similar to a year or so ago

[955]

Our attorney's should be lobbying for the jury trial and selection to be held far away as possible from the DC garbage dump at a neutral site. Just can't imagine us getting a fair trial in the swamp.

[955]

IF HOLDER did not investigate??? I think it's pretty obvious he did not. IF HOLDER's DOJ went after the criminal/perpetrator banks and Gov officials with the same intensity and vigor that Mueller and Cheney went after Trump for Russian collusion and 6 Jan 'insurrection' respectively, the criminals would all be sitting behind bars for life, F&F would be sitting at $200+/share, we'd ALL be enjoying retirement beyond our wildest dreams, US economy BOOMING, factories running 3 shifts, unemployment and inflation less than 3%, gas at $2/gal, COVID a distant memory, lines of division melting, war drums ceasing, etc., etc., etc. The roaring '20's all over again. But nooooooooo, the ruling elite would rather have open borders, drag queen storytime in our public schools, rampant crime everywhere, gender confusion, broken families, two-tiered justice system, high inflation and unemployment, rumors of wars and division.

All because OUR justice system decided to remove all deterrence to wrong doing. Kinda seems intentional, doesn't it?

[955]

Straight from the Gov playbook.

Too many times I've seen jury's asked to rule on what they've seen, not on what they haven't seen.

Defendant: No crime has been committed.

To the jury: Do you know beyond a reasonable doubt that a crime has been committed?

Eric Holder Jr. Former Attorney General of the United States
2009 to 2015
In 1999, when Holder was deputy attorney general in the Clinton administration, he wrote a memorandum titled “Bringing Criminal Charges Against Corporations.” The memo states that prosecutors should take “collateral consequences” into account when “conducting an investigation, determining whether to bring charges, and negotiating plea agreements.” The memo got more attention after the 2008 financial crisis when it became clear that big bank executives would not face criminal prosecution. He declined our request for an interview, but in 2016, Holder told CNN, “We simply didn't have the proof. If we could've made those cases, we certainly would've brought them. These would've been career-defining cases for assistant U.S. attorneys.”

It couldn't be more clear to see where this is going. Holder is a member of a protected class. Holder et al can do no wrong. They are above the law along with the banks and Gov officials who planned it all. Fair trial? That ended eons ago. BUT, justice will be coming. That much is assured.

to jury " they are hiding 10,000 docs, why? what is there to hide? a lot" and case over.

[Ace Trader]

The class action now in Lambert’s court will address the issues in many cases. If anyone brought Fannie JPS or Freddie JPS or Freddie commons after Dec 7th and helped them until after final judgement in the class action eg: (settlement date) then everyone holding shares on ( settlement date) is entitled to damages payout !!!!!

[trunkmonk]

Now the tactics are one GSE against the other. and they think FNMA cant start their own action, yes they can, based on any decisions made in the future. yes i own more FMCC than FNMA, same future for both.

[trunkmonk]

Now the tactics are one GSE against the other. and they think FNMA cant start their own action, yes they can, based on any decisions made in the future.

[trunkmonk]

https://www.fhfa.gov/mobile/Pages/public-affairs-detail.aspx?PageName=FHFA-Announces-Intent-to-Establish-a-Federal-Advisory-Committee-on-Affordable-Equitable-and-Sustainable-Housing.aspx

[FFFacts]

Why wouldn't the govt just wait and pay out a few billion in the takings case then convert them to 100% govt owned utilities. That is the way to get rid of shareholders without having to pay them in full or liquidating the companies.

[trunkmonk]

Preferred tactics have morphed to NWS, seniors, and warrants are 100% legal. That is all false but does play into fantasy almost as good as receivership for par takings. Domino’s starting to fall.

[trunkmonk]

The difficulty with getting anything done is Washington speaks with forked tongue, or they abuse powers and hide everything of value to a court. I should have been gone long ago if I knew Washington was so dark and full of evil works. Pay back is coming in one form or another.

[Ace Trader]

A lot of Political people are all talk no action! Leave it to the courts for any relief. The Government is so dysfunctional nothings getting done but printing money and spending it on dumb ideas

[955]

That is surprising. The politicization of the housing industry has been and continues to be so destructive to taxpayers. I suppose is possible Bair was just doing what she was told to do. Still, people in that position of power and authority need to buck the system and do what's best for the country irregardless of the political winds. But then they get quickly replaced by a yes robot. 4-year term limits are badly needed in Congress to help prevent hijackings such as this.

[FOFreddie]

Really interesting interview by Tim Rood of Sheila Bair. She is clearly for the exit from Conservatorship and for less USG involvement. Really surreal interview because she did nothing for exit and reform for so long. She must have been banking on the exit while she was Chairperson of FNMA and now wants to speak her mind. Really good listen - probably will make you optimistic and angry at the same time.

https://www.situsamc.com/resources-insights/podcasts/hill-episode-16-sheila-bair-former-fdic-chair

[955]

Not only did they hide Gov/TBTF bank mess, they just armed the TBTF banks/Treasury/IRS with 87,000 foot soldiers who are authorized to burst into homes and use deadly force against non-complaint citizens. Soldiers hired by IRS which is part of Treasury whose directors are all former bankers. That sizeable army, which Obama mentioned they would do back in a 2008 speech, is currently under the direction of Q-tip.

The compliance I witnessed in Germany was staggering. Especially among people in higher positions. The way they ushered their fellow citizens who were standing straight and tried to maintain their rights and their freedoms was deeply disappointing and depressing. My fellow Germans have truely disappointed me and it makes me think of 1930s when we had a similarly pathologized nation. Why can't people see that? Why do they accept the cruel get game and even join in. I hope you guys will do better when it comes down to it!

The majority put blind obedience over constitutional rights. Compliance over thinking. Moreover, they felt entitled to play deputy.

Well, I think fascism wouldn't be possible without the open or silent support of the masses. People's compliance is a main pillar. Without it fascism would just collapse. Experiencing today's situation it becomes quite clear. If people wouldn't? comply it would all be over that very moment. If nobody wore masks, if nobody would do a PCR, if nobody would take the shots it would all be over. What makes it worse in Germany is a typical German notion: Believing to know what's right and feeling entitled to make others that do not live up to these expectations behave accordingly by telling them what to do / how to behave...
It gets even worse when they squeal on others, secretly call the police or report your noncompliance to the authorities. This was big issue in the 3rd Reich, people telling on others. In many cases this was literally a death sentence for the ones who were told on. Therefore squealers had a terrible reputation, they were on one level with child abusers. Despite the historical experience you could see the same things happening again nowadays. And that is really hard to comprehend. People obviously don't learn from history, instead social habits prevail.
We can dig into the depths of WWII a bit. There are many things I didn't know until a few years ago and there are many more things I still need to learn myself. It's a very broad subject. But as always: The history books won't tell you the truth, it's up to oneself to find out.
Did you know that there were numerous attempts to assassinate Hitler? Have you heard of the operation of the 20th of July 1944? There's a movie on this: Operation Valkyrie. Have you seen it? It's a Hollywood view of a historical event, but nevertheless it's based on a true story and the movie is quite exciting.

[FFFacts]

Too many delusional and emotional people.

[EternalPatience]

That is correct. You have to pass this info to Miami beach for the kite dude

[Ace Trader]

The price is slowly increasing until trial date . I’d get in. Ow before this thing is over a $1

[trunkmonk]

more info

Plaintiff Joshua J. Angel is a resident of New York, and owns Junior Preferred Shares of both Fannie Mae and Freddie Mac in amount in excess of $1 million face amount.

Plaintiffs have directed claims under the Tucker Act that are worth more than $55 billion. Plaintiff’s claims emanate from Treasury Agency unauthorized taking for itself of approximately $20 billion of Fannie Mae and Freddie Mac funds which by law should have remained with the companies, and Treasury breach of its contractual guaranty of GSE Junior Preferred share payments, and concurrently rendering $33 billion of Junior Preferred shares (i.e., par value) as permanently impaired and otherwise immediately redeemable as damages, at either termination of this action, or the conservatorship.

[trunkmonk]

Good info, the angel is coming

WHEREFORE, Plaintiff prays that this Court:
A. Determining that this action is a proper class action under Rule 23 of the Federal Rules of Civil Procedure, appointing Plaintiff as Class representative and Plaintiff’s counsel as Class counsel;
B. Award $20 billion in compensatory damages under Counts I and II to the Class against Treasury;
C. Award $55 billion in compensatory damages under Count III to the Class against Treasury;
D. Award prejudgment and post-judgment interest on those compensatory damages;
E. Award Plaintiff reasonable attorneys’ fees (based on a percentage of not less than 2% of the awarded damages) and costs; and
F. Order such other relief as this Court deems just and equitable.

Mr. Angel filed a fresh complaint in the U.S. Court of Federal Claims Monday. This new lawsuit against the government has been assigned to Judge Sweeney. The current deadline for the government to answer or otherwise respond is Fri., Oct. 7.

[Hvp123]

WHEREFORE, Plaintiff prays that this Court:
A. Determining that this action is a proper class action under Rule 23 of the Federal Rules of Civil Procedure, appointing Plaintiff as Class representative and Plaintiff’s counsel as Class counsel;
B. Award $20 billion in compensatory damages under Counts I and II to the Class against Treasury;
C. Award $55 billion in compensatory damages under Count III to the Class against Treasury;
D. Award prejudgment and post-judgment interest on those compensatory damages;
E. Award Plaintiff reasonable attorneys’ fees (based on a percentage of not less than 2% of the awarded damages) and costs; and
F. Order such other relief as this Court deems just and equitable.

Mr. Angel filed a fresh complaint in the U.S. Court of Federal Claims Monday. This new lawsuit against the government has been assigned to Judge Sweeney. The current deadline for the government to answer or otherwise respond is Fri., Oct. 7.