Fannie Mae (FNMA)

[familymang]

It is interesting to think about. Whether it's fair or not the courts in this country are extremely politically motivated. The 5th circuit en banc panel is made up of 12 conservatives and 5 democrats. 6 of those conservatives are also fresh Trump appointees. Before it was shareholders vs Trumps DOJ, today it's shareholders vs Bidens DOJ and Trump is publicly siding with shareholders. 9 of those judges were already ok siding with shareholders that the NWS was illegal, 7 of them were ok saying the remedy for a constitutional violation was to vacate the NWS.

If you read the en banc majority ruling re: unconstitutional remedy closely, the 9 judges who ruled against vacating the NWS claimed to do so because President Trump wasn’t opposed to the NWS as one of their main points so they believed only prospective relief to be appropriate… This rationale is completely disproven by the recent Trump letter as well as the fact that the ruling was written in September 2019 and the admin promptly ended the cash payments of the NWS shortly after the ruling was released with the Trump picked Calabria/Mnuchin duo in charge. How can those 9 judges square that ruling with the Trump letter and SCOTUS instructions re: shareholders being entitled to retrospective remedy if Trumps agenda was aggravated by the unconstitutional provision?

Trump and SCOTUS have given the greenlight to the conservative judges to rule infavor of shareholders like never before. the long wait is over. the 5th circuit en banc WILL deliver. in Willet we trust