Fannie Mae-No Politics (FNMA)

[Fully Diluted]

Hi bcde,

Collins' en banc attorney Thompson agrees with your common sense. Calabria agrees. And I also agree with your point of view.

However, there is different truth in the existing treaties. Neither the SPSPAs, nor HERA address a possible repurchase of the SPS. There is simply nothing about it in it. Only in the SPS certificate you will find the text passage I posted before, which says that a buyback of the SPS is not possible as long as Treasury's Commitment exists.

Mnuchin's lawyer confirmed this at the en banc re-hearing by saying that SPS elimination remedy was not possible under SPSPA.

Let me put it this way: anyone who claims to simply return to the original contract and eliminate the SPS in the process has not researched thoroughly. Because the original contract excludes SPS elimination as long as Treasury's commitment exists.

These gag mechanisms are further evidence of the conspirators' determination to eliminate F+F: Impose F+F bailouts that are so high that a 10% dividend cannot be paid permanently. And make sure that this 10% dividend never decreases.

GLTY