Freddie Mac-No Politics (FMCC)

[Demar]

!!Attention!!

Comprehensive grassroots campaign to allow gse's to recapitalize and restore shareholder value.


https://docs.google.com/document/d/1tfmkIEDlZ7rI2mCp6FLmBJA5tn3_WDyDdOGKd13KKzE/edit?usp=sharing


Hello!
First, thank you for reaching out to me! I will try to make our first correspondence as short as possible, because there is a lot of work to do. You will find my bio at the bottom of this email.
NationBuilder.com contacted me a few days ago. This same organization helped make FWD.us a major success, by pushing immigration reform through our government along with assistance from large corporations. We are working toward the same magnitude of success for the Fannie Mae and Freddie Mac campaign.

? The first effort on the NationBuilder.com front is for me to develop the content for a campaign, similar to FWD.us, which allows people to signup to volunteer and contact congressman, senators, or media professionals. In addition, supporters will have the ability to donate funds to support the cause (marketing, meetups, etc.) – none of the funds will go to me. Most importantly, the site will serve to educate the public about the real root cause of the financial crisis, and serve to detail what many people believe to be the best plan moving forward, which can be summarized, very briefly, as follows:

? Allow Fannie Mae to complete the new securitization platform, which will allow new private businesses to participate in the market, while applying an increase to guarantee fees to attract private capital.
? Increase oversight and regulation to maintain lending standards by providing government sponsored regulators, rather than bank paid regulators, which oversee compliance.
? Allow Fannie and Freddie to begin recapitalizing through a legal process, while restoring shareholder value.
? Release Fannie and Freddie from conservatorship, and relist the companies on the NYSE.

Nation Builder will provide the campaign with top-tier support and resources, and drive traffic into a new petition to the Whitehouse. They have deep contacts in this area and the tools necessary to mobilize a powerful campaign. Here are some recent developments to consider:

? The LIBOR lawsuit recently initiated by the University of California Regency puts me in a unique position as a student at UC Santa Cruz, College Ten, to reach out to students, faculty, and staff when the campaign is ready to launch.
? In the process of contacting senators and congressman, I made a contact at The Congress Blog (The Hill), and they are interested in supporting our effort. They have over 12,000 followers on Twitter, and many people in our congress use this blog as a method to disseminate news and information.
? Attorneys contacted me from the current class action suite against the federal government, which seeks compensation for shareholders before and on the date that the GSEs entered into conservatorship. They are currently in the discovery phase of the litigation process, which can take months. If the discovery phase uncovers additional facts to support current shareholders, they are willing to pursue a wider class action similar to The Fifth Amendment argument presented for the current class action lawsuit. As the discovery phase progresses, more information will become available.

It is my hope, with your support, that we will promote the campaign to release Fannie and Freddie from conservatorship, restore shareholder value. The effort will require additional funding for advertisements, which will drive traffic into the site. If anyone with writing or legal expertise can help to strengthen our message, this would be a valuable contribution.
Here are some examples of how people can volunteer to help:
1. The Nation Builder site allows me to specify multiple content administrators. Your help in populating and editing content on the site, as it develops, would be a valuable contribution.
2. Email campaigns will need publishing regularly, and the writing for these would ideally come from members of this community. We have a great deal of support on the levers that will get news pushed out through the platform, but we will need people covering these pushes as news becomes available.
3. http://twitter.com/FreeFannieMae is the Twitter account that will serve to connect with others, populate the Twittersphere, and notify other Twitter users about news and information pertaining to our progress. If you have many contacts on your feed, or think that one of your friends or colleagues might be interested in getting the NationBuilder campaign out to the public, then please let me know by sending me their contact information and Twitter account.
4. Once a large number of supporters are onboard, we will push out text message notifications that allow users to donate via text, and initiate a broad, grassroots campaign.
5. I am always open to new ideas and any other ways that people can help. Please feel free to add me on Skype: ohmygoddard.
6. As the Kickstarter campaign begins, we will also need people to respond to questions and provide content for this campaign. I am working with a marketing professional from Google on a video for Kickstarter.

I already purchased the domain name for the Nation Builder site. I will announce the name when the design and content are in place, or send it to those who might be interested in helping develop content and design aspects. I especially need everyone’s help in identifying valuable contacts (agents), which will help us push this cause further. Please send me your Twitter username, and follow #FreeFannieMae and send me any other contacts you might have.

I appreciate your time, and look forward to helping restore shareholder value, and helping to restore the American real estate and financial market’s integrity.
About Me:
I am a computer science student at UCSC, and a member of College Ten, which strives for social justice and community development.

I have over 15 years experience in web application, software development, and graphics programming. Before returning to college, I was a solutions architect at HP, developer for Microsoft, technical administrator at DreamWorks Animation, and helped to create desktop and web applications for The North Face, and many other businesses. From 2006-2010, I volunteered and worked with the Global Health Education Consortium, sponsored by a project created through Stanford University, to develop medical education content for underserved communities around the globe. I was a finalist in the Microsoft Develop Without Borders competition, and helped my organization raise over $50,000 in Microsoft engineering services, software, and support – donated by the head of Microsoft Community Affairs and the VP of Engineering at Microsoft.

I am also the son of a retired Chrysler employee. Chrysler employed my father in brake design for 25 years before the business entered bankruptcy. He lost his job, his 401k was nearly destroyed, and his health and dental benefits were eliminated. This is another reason that I sympathize with Fannie Mae and Freddie Mac shareholders, and will work diligently to help release these progressive businesses from conservatorship. Furthermore, I was a homeowner in the Bay Area during the housing crisis, and suffered a substantial loss in home value. Fortunately, we mitigated risk of foreclosure by saving money and using it to pay down the loan until we were able to refinance. Others in our neighborhood were not so fortunate, and the circumstances that lead to their foreclosure were troubling.
At the time, banks were lending to people in our neighborhood with no credit. For example, one buyer near us foreclosed on his home within a month of his original closing date. It was clear to me, that this type of lending had allowed banks to create and quickly sell their loans to Fannie Mae, which released the loans from their books in order to make room for more bad loans.
These are some of the reasons that I sympathize with Fannie Mae and Freddie Mac shareholders, and will work diligently to help release these progressive businesses from conservatorship. For full disclosure: I am long and strong FNMA.


Thomas Goddard
[e-mail]
Computer Science | Baskin School of Engineering
College Ten | Social Justice and Community