Fannie Mae-No Politics (FNMA)

[Louie_Louie]

Well, SCOTUS said FHFA could do what it wants to protect itself and taxpayers....the question a good lawyer would put to a judge is : how does giving 1 billion dollars to a selective group protect FHFA or ALL taxpayers? Then follow on by saying how does giving away 1 biliion preserve and conserve the GSE'S?

The FHFA/government needs to be attacked for the bastardization of this conservatorship like this 1 billion give away which has absolutely nothing to do with FHFA financing of its running, protection of ALL taxpayers, not a small group, especially since it is money being placed by an appointed official and not appropriated by congress and approved by the Senate, which are the groups ALL taxpayers vote into office to control the countries purse strings.
FHFA needs to prove either how this supports ALL taxpayers, how it preserves and conserves the GSE'S and/or how it saves the FHFA from failing it's job as conservator.

I wanna see a lawyer nut up and throw that down in court!