Wednesday, November 10, 2021 10:09:03 PM
to review the First Circuit’s decision and to consider if
Fannie Mae, when in conservatorship, and FHFA, when acting
as Fannie’s conservator, are government actors."
"Liberty requires accountability. However, “by passing off a Government operation as an independent private concern,” the Government can regulate without such accountability. This case provides the Court with an opportunity to ensure that Executive agencies and any private entities they control are held accountable to their constitutional obligations. This Court’s review is required to uphold the Judiciary’s role in checking the Executive branch from constitutional overreach and defending the individual liberties enshrined in our Constitution."
Very important question before SCOTUS. Let us hope this time that SCOTUS does not callously drop the ball on the important questions of the rule of Constitution and Indiviudula rights.
If FHFA were to be held to the same accuntability standards as any other Gov agancies then
1. it would not have acted like mob conservatorship imposing mob like decisions on private shareholder companies.
2. FnF would have been free from the clutches of mob like FHFA conservatorship.
HERA and FHFA conservatorship are nothing short of communist dictratorship like in China. May be Comrade Hank was inspired by the communist dictratorship in China and tried the same here.
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