Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Sounds like you are pretty familiar with jps! Yesterday, Navy gave us a screenshot of trading and there was a ticker for, I think FNMAO, with 0 shares trading and naturally a "yuge" bid/ask spread, do you mind spending a few minutes educating me about what exactly that is all about?

Also, thanks for your analysis on some of the stuff, in regards to your thoughts on Collins, I am still reading the Feds brief of August 17, 2020 (by coincidence, exactly 8 years after the NWS was initiated and vaporized our investments!).

One thing that comes to mind off the top of my head as it relates to your earlier responses, is that UST is naturally looking for a win by having the court rule that Plaintiff losses BECAUSE it's a derivative not direct action and since FHFA steps in the shoes of the company, Plantiffs are SOL. UST also claims that the APA violation doesn't supersede the derivative v. direct claim issue.

Therefore, as happened below, David Thompson WILL bring up (with possibly raised eyebrows from 1 or more Justicies) to the court the fact that NONE of the NWS extractions go to principal paydown, to show the coercive and abusive governmental action that has vaporized the property interests of the shareholders and that this action was in violation of Plaintiffs liberty by Uncle Sugar. As I am sure you aware, protection of our Liberties IS one of most important aspects of the Separation of Powers doctrine.