Fannie Mae-No Politics (FNMA)

[Barron4664]

Lets all take a step back to ponder. On one hand we have kthomp with his disciples who knows everything and advocates for a cramdown transferring the wealth and property of existing owners of the company to his comrades (whoever they are) by using the executive branch powers of the republic, because he says Treasury’s job is to make a profit. Except we are 34 Trillion in debt so profit isn’t their strong suit. Then we have a wise man who believes the same gov is upholding all the laws, rules, and basic finance and we will be saved by a secret account where all the equity is held in escrow to save the day. All fantasy based on no concrete evidence. Better to listen to the Barron. The Barron has described novel strategies that any shareholder could try in their own District Court based on the little tucker act and the continuing claims doctrine. The Barron has revealed the holy Eric Holder Memo that DOJ worships that says thow shall not prosecute any member of the establishment or any corporation or their officials for financial crimes. Other actual facts that have been presented by Barron and other honest posters are as follows:

1: Treasury used the Charter act to purchase $225 Billion of MBS on the secondary market. Why? Definitely illegal.

2: Fed purchased even more and continue to hold 2.4 Trillion of MBS

3: Gov accountants in their official meeting minutes refer to SPS and warrants as a Treasury action taken under the Economic Stabilization act. If true the LP attached to the seniors is an illegal and fraudulent act. And also violates the Charter Act.

4: a jury ruled the NWS violated common contract law.

Barron doesnt know what any of this means but barron does know that none of these facts support the fantasies being bandied about on this board.

Barron’s guess is since the whole 15 year ordeal was caused by a stroke of the pen in a federal government agreement with itself, then the solution will be through the same mechanism for political capital in an election year. That would make all those inconvenient facts disappear.