That's the DD all longs holding are banking on, the law is still the law until the people change the law. In this case the administration, and the treasury, put themselves above the law and sought council from some very shady folks that sought to circumvent the law and hang their hat on another midnight Executive Order, Presidential Edict, McBS, excuse to justify their wanton perpetration of this fraud.
On the first occasion they had plausible deniability as the then known evidence was perceived as valid that the GSEs could collapse and create a vacuum in the economy. This was of course part of the rouse.
On the amendment of the original agreement the next step in the illegal confiscation of a privately owned company without due compensation was enacted.
By the third amendment they pigeon holed the GSEs into a state of purgatory. A true, "Catch 22", if there ever was one.
They were forced to continue on as the most essential part of the mortgage landscape in the USA and make multi billion dollar profits each quarter only to be stripped down to $3b in capital reserves and agree to a clause that would prohibit them from ever paying back a loan. This we are expected to believe is legal under the terms and still controlling wing of a federal CONSERVATOR!
While the sheeple piss and moan and obsess over Miley "succubus" Sirus' bad display of behavior, the federal government is shilling for the corporate hijacking of America in the single largest deception of the American people since Iraq and Afghanistan, (I wanted to make that sound more alarming, but the truth is we do it all the time!). Oh and just wait another 10 short minutes and I'm sure we will be hearing about the air strikes on Syria, a ground invasion, liberation, democracy, blah, blah, (stick a finger in your throat).
The law people! Anyone remember that document called the US Constitution?
Good GD Grief!
#takeitback #firethe535 #liberateamerica #letfreedomreign #realamericans
$FNMA
