Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

A 14 YEAR CONservatorship of 2 private corporations making $20B to $30B in Net Income per annum is probably unique in American financial history.

The August 17, 2012, Net Worth Swipe is as well.

ROLG pointed out a while back how the Delaware Courts have much more experience with direct versus derivative shareholder claims and the federal judiciary seems to be struggling with where to draw the line on that issue here.

As Hamish Hume and his well paid legal team has pointed out in their Petition to the Supremes for a Writ of Certerrori, to allow our federal government to bypass the US Constitutional safeguards of the 5th Amendment Takings Clause would have major significance for private property rights of American Corporation Shareholders, both now and in the future.

Why?

Because it will just be a matter of time before our federal government does it again. Imagine Bernie Sanders, Elizabeth Warren, and a majority of others from the Progressive Left, during the next inevitable financial crisis, copying SCOTUS APPROVED HERA language into newly created legislation.

Maybe Das Kapital will become required reading for future generations of American children, wouldn't that be great!

Bernie 2024!!!