Fannie Mae-No Politics (FNMA)

[Barron4664]

Whether or not a contract was needed is not at issue. The executive branch chose to create a contract with itself to give itself the Seniors, 98%warrants, 10% dividend, 12%in kind, NWS, and liquidation preference. Since SCOTUS has ruled Congress gave FHFA the ability to create a new definition of Conservatorship that can do what it wants to benefit itself and the public, there was no reason for a contract. This is a simple matter. A contract with only one party is not a contract and is null and void. FHFA according to SCOTUS is free to propose rules in the federal register under APA to effectuate all of the actions that were in the PSPA. Let them go ahead and re-propose rules after the PSPA is voided in its entirety. The current situation is an abomination of basic Contract and property rights. A purely Statists wet dream.