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Re: jcromeenes post# 751373

Wednesday, 03/22/2023 10:13:12 PM

Wednesday, March 22, 2023 10:13:12 PM

Post# of 796566
I've always contemplated what would happen if a suit was structured to push for full nationalization by forcing them to recognize those trillions on the nations debt. How would you describe standing to bring this suit? Since the GSE'S shareholders have no rights recognizable by any court so far, the only way to do it would be via/through the companies like a few of the other suits have done. Sue the government into fully nationalizing and assuming the debt, for the companies, to unlock the twins from conservatorship and over bearing financial risk due too the conservator.
Would it work? Or backfire?
On the one hand you pigeon hole the government into nationalizing 2 american companies and it getting media exposure, which would not look good at all, especially now with these banking and FTX failures. Then also there's the risk they won't care and would gladly do it. It might give them an unforeseen way out of the mess they created. There's always the rule of unintended consequences.

With the current messy situation though, this is a good time to strategically attack using a tactic like this....

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