Fannie Mae-No Politics (FNMA)

[bcde]

"The higher courts apparently have no balls to make a decision that would affect the entire economy, so they are leaving a momentous decision like this to lower courts. That's my read."

The Bush/Hank administration should take the blame for this mess. Congress trusted and passed HERA without even reading it with the understanding that it is similar to the laws that Govern FDIC and will solve the economic crisis. SCOTUS ruling proves that HERA is not similar FDIC laws in any way.

Now knowing how the Hank/lobbyists used HERA to create worst global crisis by imposing conservatorship on FnF, Congress and administration should abolish HERA immediately. This will avoid another crisis in the future.