Fannie Mae (FNMA)

[Robert from yahoo bd]

Clarence, I haven't read that yet, but Philip Hamburger gave a speech at CATO in 2014 and what I found especially enlightening and prescient was the question posited by a British guy from the CEI (1hr; 15 minute mark) asking Professor Hamburger and the DC Appealate Judge, "Couldn't the US Congress Power of the Purse be used to rein in the Administrative State?"!

This speech was 2014, 6 to 8 years later, Judge Jones writes an opinion in the 5th Circuit that is quoted by the 3 Judge Appealate Panel in the 5th in the CFPB decision, currently pending a decision from the Justices upcoming conferences on a Petition for a Writ of Certerrori from the government.

I mean great stuff!

What's scary as an American, is just how pervasive and penetrating an unlawful Administrative State can have on all of our lives!

Listening to the real life examples listed by Professor Hamburger was SHOCKING! And it's happened to us here, having our Economic Rights destroyed by an unaccountable Administrative State.

In the Video, one of Professor Hamburger's professional colleagues said he couldn't review the draft of his book because, IT WAS TOO DEPRESSING!

Wow!

https://www.cato.org/events/administrative-law-unlawful