Replies to post #228155 on Fannie Mae-No Politics (FNMA)

[BBalls-N-CowTown]

Lets see, FHFA stands for Federal Housing Finance Agency, formed in 2008 under Obama. Normal usage of the English language would cause one to focus on the first and last words, Federal Agency, as a guide as to whether or not they are the government. I would venture to say that employees of FHFA are in the federal civil service too, and then there probably was some sort of charter or maybe some glorious presidential fiat that gives them some sort of a charter or mission that probably has something to do with regulation, which again is a government function unless it has somehow been abdicated to the UN or some other BS like this administration does.

[rocco2]

Perhaps the government is losing its own case even before evidence has been introduced. It may be that they plan to lose, while giving the appearance of fighting to win, for political reasons.

They may have various reasons for wanting to hide the newer documents, such as:
1. Profitability assessments that would lend strength to arguments for ending the bogus conservatorships sooner rather than later,
2. Distinctly inapproppriate statements that might help invalidate the conservatorships, the net worth sweep, etc.
3. Incriminating statements of various kinds that might make Nixon seem like a saint, in comparison


Basically, as Judge Sweeney noted, FHFA has basically argued itself into being considered a government agency, an agent and arm of the Treasury, thereby helping show thr court does have jurisdiction. Trying to blame the Plaintiffs for this is pointless and smacks of all the rest of their circular logic and nonsense. Also, the Defendants are screaming that documents should be excluded because their release might cause the public to lose confidence and interest rates to spike. That is an utterly phony concern, as here they are creating such a risk just by saying so, in public view! Anyway, what business does a proper conservator have, scheming in such improper ways as to panic the public, should the truth get out? Let the truth be known. As Professor Epstein asks, what do they have to hide? So much for this administration’s promises of transparancy. They are not inspiring confidence, and their pretending to be so concerned with confidence is a tranparent ploy.

A quote from xtropian from the T Howard board

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