Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

We won't get anymore clarity on the MQD if the Supremes buy the Gubmint's Standing arguments. Yesterday, Elena was almost frantic selling that notion to the other 8 Justices, Amy and Britt asked some tough questions on Standing as well!

If MOHELA has standing (they seem to have a fairly concrete injury, since 40% of the nations student loans will disappear and MOHELA brings in Revenues from loan servicing) then Justice Kagan was asking towards the end of orals yesterday, how can the state of Nebraska file the suit? MOHELA is apparently a private corporation with a state Charter that (voluntarily?) provides Nebraskan students with scholarships.

Is that enough of a nexus?

One commentator said yesterday (on the PBS News Hour (aka leftist news media !) that she thought the conservative majority would stretch to find standing to protect the Seperation of Powers Doctrine.