Thanks for responding! There are only 3 branches of government (a 4th if you include FHFA) that can get us out of this wrongful government "conservatorship". MC (and SM) said they want to get us out but so far their actions speak louder than words. The legislature could resolve the "conservatorship", but many legislators want to keep the "conservatorship" going.
The courts will likely have to fix this, but emailing your federal House member and two Senators to let them know that the 12+ year "conservatorship", coupled with the net worth sweep has wiped out you and your families investment and that you are concerned about the nationalization of these previously private corporations by the US Government.
Last December, when the Washington Post ran an editorial with the age old "evil hedge fund guys" getting rich narrative, I added my comments where I could and some of the others here posted as well, as I had asked them to. I just checked and it says 0 comments now! Maybe Jeff Bezos can fix them now that he will have some more time on his hands!
One of the problems with the major news outlets is that their reporters don't have the time to do the deep dive into the story of the gses that is necessary to explain the governments bad acts here.
So,:
(1) Email your federal level reps in Congress and ask them where they stand on the issue of the nationalization of your privately owned shares.
(2) Explain in the comments sections of major news outlets whenever they run a "hit piece"
(3) Be active on Social media
(4) I think the Pacific Legal Fund wrote an Amicus Brief in Collins and these types of foundations and nonprofit advocacy groups may be able to apply some political pressure.
Don't forget, the wheels of Justice (i.e., the Judicial branch) turn slowly sometimes but they usually get it right in the end! Let's hope so here! (BEFORE YOUR HUBBY SAYS, "IT'S ME OR FREDDY, YOUR CHOICE!")
