Freddie Mac-No Politics (FMCC)

[Demar]

Thomas Goddard, his bio can be found here (http://www.restorefanniemae.us/ohgoddard), is the founder. We are looking for more supporters and volunteers to help bring awareness about the truth surrounding the 2008 financial crisis.

http://www.restorefanniemae.us/faq

We are still in the beginning stages but have already amassed strong political and economic networks.

Please, checkout the site and if you agree with our mission:

"We support the Democratic Principles of Finance Reform, and know that the newly revitalized Fannie and Freddie will provide all of these principles as well as: NO "years" of legal hearings; payback to the government; and a swift back-to-business model. In other words, it's the most practical and reliable solution. Moreover, our goal is to support the discussions, and facilitate fact sharing in Washington.
Restore Fannie Mae (and Freddie Mac) wishes to end the unconstitutional conservatorship. We must gain support from government officials to direct the FHFA to comply with the original intent of the conservatorships and amend, retroactively, the Agreements with the Treasury to allow the companies to use funds in excess of the 10.0% annual dividend amount for the rebuilding of their capital structures and the repayment of their debt to the Treasury. Additionally, the two firms are to be released from their conservatorships and returned back to the shareholders when each company has achieved certain risk-based capital requirements, as provided by law 12 U.S.C. § 4611(a)(1).

Furthermore, Fannie and Freddie are to be relisted on the New York Stock Exchange, with any remaining amounts owing on the Treasury's aggregate liquidation preferences to be satisfied by exercising whatever portions of the warrants are necessary to retire the debts and unpaid interest (dividend). Also, through a prudent mix of debt and unused Treasury warrants, the two companies could hasten the process of full recapitalization beyond the basic regulatory requirements. Consider, too, that conservative estimates indicate that on a fully diluted basis, the initial values of the common shares for Fannie and Freddie could be approximately $37.00/share and $29.00/share, respectively. And finally, if Congress still wishes to reform the enterprises, the Congressional Research Service has provided several alternatives in their February 2013 report to Congress that are not contrary to the conservatorships, the taxpayers, or the tax-paying shareholders."


Join us!