Right there with you MIA!. I'm not buying the governments kabuki theater show. They absolutely know they could not bankrupt the GSE's and it is why Ombama got so bent about it, hence the takeover by theft disguised as a death spiral NWS elaborated with a bunch of made up terms and excuses. This was not only a nationalisation by theft but a way for them to try and keep the markets from punishing the government and economy, if they would have ever portended the GSE'S were bankrupt. The Obama administration shut their yap real quick after mentioning bankruptcy a few times, testing the markets, business medias reaction and banks reactions.
They know, and have known the GSE'S are TINA and to big to fail. This whole being held in limbo is a jointly supported, behind the scenes ploy put together by some players on both sides of the aisle, that has become an administration football for every new administration elected. Total farce and deep state endeavor.
My thoughts are it can not keep going on forever, somethings gotta give eventually. Maybe the same group who was vocal and the cause of the GSE CONservatorships (the banks) will be the ones who finally are made to demand them being released, and/or sue the government to release? The government is actually treating the banks worse by stealing all profits, controlling G-fees, mandating loan rules, etc., God knows what else, and that keeps chipping away at banks loan profits, so slowly bleeding the banks by using the GSE'S politically, which most banks do not want, I believe.
Thankfully this case IS getting some much needed exposure! Hopefully more media will start to get engaged as the truth is trickled out during this trial. I'm with those here who are saying that any win in this trial bodes well for us. Existing cases will have more "ammo" to go after the government and maybe, just maybe some of the numerous cases dismissed by other courts can be resuscitated and brought back to life.
“If liberty means anything at all, it means the right to tell people what they do not want to hear.” “I disapprove of what you say, but I will defend to the death your right to say it.”
