Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
"Circular draw" does not adequately describe the "death spiral" narrative that was propagated by Gov. "Circular draw", what does that even mean? Did the jury even realize the full implication of that? It was OK for Gov to push the "death spiral" narrative over the past decade, but somehow now it's inappropriate to use in court??? Gov once again controlling the narrative, just like admins here, in violation of the First Amendment. Yet another example of unequal application of justice to both sides.
If they were the best qualified for the position, then yes. Gender should not be a selection criteria. But I have some doubts they were the best qualified. Lamberth has control over this and should have kept it clean. Today's Gov is more focused on advancing folks based on political and ideological persuasions rather than best qualified for the duties at hand. A sure recipe for disaster.
From the other board:
That was a pretty upside down ruling as well. Problem is FHFA is NOT assuming the duties of conservator which they elected to do. They are in violation of their duties as conservator. SCOTUS should have known better and realized the precedent they were setting. Irrational at best. So goes the nation. Down the rabbit hole we go.
How anyone can say NWS is in line with conservatorship is beyond rational thinking and grounds for immediate disqualification. It goes against all logic and precedent and violates the very definition of conservatorship itself. People and agencies with this mindset cannot be dealt with rationally. Sadly, this is what our Gov has become.
Not sure, but HH seems to have a good handle on things.
You are spot on skeptic7. What does that tell you about the state of the nation?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170358737
Agreed, MISTRIAL. Too much interference by Lamberth restricting key evidence and not clamping down on ridiculousness. Impartiality is gone. This guy's been bought off.
Is that a threat FHFA is making to the jurors? What next?
I would expect jurors to wait at least for 3qtr earnings release tomorrow.
Sure, as long as it's $1.6B/qtr.
Exactly. Recap/Release was never in the plans! Exit was never discussed. What do you call that?
Of course not. That would've flew in the face of FHFA/UST/FEDERAL RESERVE preset agenda!
...and next year Gov moves to take over your pension fund claiming they're on the verge of insolvency, need to be placed into conservatorship, awards itself warrants to 79.99% SPS's, forces them to accept a $30 BILLION bailout that can never be paid back and sweeps all their profits in perpetuity. Acceptable to you?
Yes? Good, because you just set a precedent here today for your loss in court.
No? Doesn't feel so good when the shoe's on your personal foot, does it.
Careful what precedent you set here today that will swallow you up in devices of your own making.
...which was signed under duress making it null and void.
Make them pay for what they've done!
This is a case of Gov attempting to manipulate the laws for its own benefit. Gov is NOT above the law. Gov is NOT absolute. There are limits.
If Judge Lamberth rules to limit damages to $1.6B as Gov attorney's want, are jurors required to abide? Want if jurors say no and award more? What happens next? After all, what is the purpose of having a jury then? As a juror, my first duty of responsibility is to The US Constitution, The Bill of Rights and The Declaration of Independence, not some judge.
FEDERAL RESERVE was part of agreement consortium and the main key driver. As we all know, FHFA is just a figurehead in any discussions with Treasury and Treasury is just a figurehead in any discussions with FEDERAL RESERVE. Bottom line, FEDERAL RESERVE which is owned by member TBTF banks, is running the show here in the background, quietly from their secret perch as they have always done since their creation. Huge CONFLICT OF INTEREST.
Really don't know. The longer this trial drags on, the better for us as more 'stuff' comes out of the woodwork. Agree with poster who earlier said Gov wants this to end quickly.
Jurors are not sequestered from outside contact??? You've got to be kidding me.
Why does everyone ignore The Federal Reserve's involvement?
Apparently not so old-school-Texan after all.
[/quote]What? Royce is not a friend of the plaintiffs? Now where on Earth have I heard that before. This thing was a non-starter before the jury was selected.[/quote]
Just did!
Treasury (Timothy Geithner, Treasury Secretary 2009-2013, former President NY FEDERAL RESERVE) and FHFA simply went along with whatever FEDERAL RESERVE wanted (NWS) for a commitment fee (PCF) and did not bother to defend the GSE's.
Treasury, the FHFA and Federal Reserve would've calculated the fee as in 2012
Gov steps into the shoes of the GSE's only until payday. Then they scatter like rats. The only legal opponent that sets their own terms.
Sometimes I think someone with a financial/accounting background needs to explain these principles to our lawyers. We're not being adequately represented here.
It's only Tuesday, 3 more days of explosive fireworks. They always save the grand finale for the end.
Contract was issued under terms of duress and therefore invalid. BOD's were Gov appointed. If that isn't nationalization, I don't know what is. NWS confirms it.
True that. This case is all about damages. SCOTUS said as much.
That is the nature of Rothschild & JP Morgan.
Anybody accounting for MBS securities flipped for profit by FEDERAL RESERVE over past 14 years? Whose profits were those?
Hope he gets hammered into submission.
Has anyone bothered to point out that the dim SEC filings were made with Gov appointed BOD's firmly in place for several years already? F&F already Gov owned and operated.
But will our attorneys, the judge and the jury recognize the hostility of this joint maneuver or will they simply choose to ignore it? The wheels of justice in this country have been turned upside down lately.
Rest assured banksters are doing their part with the shorts.
Bingo! Thanks Lite for posting
Reposted in the event the link gets taken down.
Bankers doing what bankers do to eliminate the competition. Treasury under complete control of the banksters and "We The People" under complete control of the IRS, a division of Treasury. Banksters also responsible for starting wars to profit off the sales of weapons to the military industrial complex. They also set interest rates and control the printing of money. How's that for totalitarian control. And our leaders in Gov bow down to these criminals.