Fannie Mae (FNMA)

[Robert from yahoo bd]

Given that the Executive Branch: (1) INTENDED TO NATIONALIZE THE GSES FROM THE BEGINNING WITHOUT HAVING THE UNPLEASANT SIDE EFFECTS OF PUTTING TRILLIONS OF MBS ON THE GOVERNMENTS BALANCE SHEET
(2) HAVE TWISTED AND BROKEN THE LAW OF CONSERVATORSHIP TO MAKE IT PERPETUAL AND THE ANTITHESIS OF PRESERVE AND CONSERVE

It wouldn't surprise me AT ALL if the SCOTUS bulldozes HERA and gives the corporations BACK to their original owners or assigns a court appointed conservator to carry out this now long overdue necessity!

What seems likely is they will : (1) REWRITE HERA so MC is fireable at will by the POTUS
(2) Find the nws in violation of the APA and provide the remedy which the Collins Plantiffs seek

Justice Kagan is a "yuge" fan of the 4th Branch of Gubmint and will likely write some type of dissent joined probably by Breyer and Sotomayor.

Probably won't be until May or June, BUT YOU NEVER KNOW, THAT'S WHY I KEPT BUYING BOTH ALL DAY!

Good luck to all and let's see if the SCOTUS finally drives a stake through the heart of this unfortunate governmental fiasco!