Thursday, January 09, 2025 11:47:51 PM
Thanks for the response. Im working on it. Takes time to do it right. I see again you refuse to address the argument made. APA is certainly not closed by Collins. In 16 years, no one has filed a lawsuit alleging dereliction of duty of the Director using the Charter Act, and SS Act of 1992. By the way, the APA claims I make apply to the Treasury as well. I haven't even mentioned the arbitrary agency action of the accounting standard by not defining what tempory is to avoid consolidation. Or the purchase of 200 billion of MBS on the open market using TARP funds in 2008. Collins case was soly about actions of the Agency acting as Conservator. As the Safety and Soundness act clearly says, the Director is not the Agency. Director has a statutory duty to ensure the charter acts and the Safety and Soundness Act are followed. Even if the GSE is run by the FHFA as conservator. HERA did not remove the safety and soundness duties of the Director in the S&S act. Your avoidance of the key elements of my arguments in your responses, suggests that you don't know how to debate these points. This is promising. You sure you don't want to join in the fight? Would love your help.
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