Fannie Mae-No Politics (FNMA)

[jeddiemack]

JC

Keep in mind the court ruled the government exceeded its statutory authority. This is the first time the fhfa / treasury have ever been held accountable to any entity besides itself.

So, when lambert said they could do anything. and all right was all rights and bla bla bla...

Well this ruling says no they did not and yes they have some duty and responsibility according to the law.

So, the next question is... what are those limits and is giving away 80% of the company for $20,000 is itself in excess of the statutory authority. So, might be paying 10% interest when, prevailing fed funds rates were 2% and other more arms length transactions were at 3 to 4 or 5% so, did they set out to screw everyone and be so greedy that it violated the public trust and exceed their authority?

This ruling is a tipping point.

The house of cards is fixing to fall and its going to cascade!

Going down hill... going to pick up speed and the government's positions are going to crash and burn!

Yes!