Fannie Mae-No Politics (FNMA)

[955]

What the courts can and should do and what they end up doing are increasingly at odds. Your comment is based on sound Constitutional Law, however, interpretations of the Constitution these days has been so badly twisted and contorted that it is now nearly impossible to recognize what the original intent of the founding fathers actually was. Proper interpretation is no longer a foregone conclusion which makes this an increasingly risky bet.


"Not so. The court can vacate Amendment #3 upon a showing that the government willfully violated shareholder rights by sweeping all revenues from privately held, publicly traded companies into the Treasury. Also violated the takings clause of the Fifth Amendment to the Constitution. And the lawsuit is likely to win on its merits, according to many legal scholars."