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cclose1

11/09/19 2:36 AM

#575552 RE: obiterdictum #575548

1. it was not a loan. 2. purchase was not made by the federal reserve, thus federal reserve act does not apply. 3. the spspa does not consider the warrant a form of collateral.

I think we win for other reasons, it is just not analogous to AIG.

justradin

11/09/19 7:04 AM

#575558 RE: obiterdictum #575548

No loans are involved.



Ok, I'm tired so if I dont make sense please forgive me.

But if warrants and senior class C stocks were purchased, not a loan because there is no principal, terms, etc... the purchase would be through allowance of a 200 billion draw correct? That was the payment if I'm following, the ability to draw if necessary.

But part of that agreement was to receive all profits and in addition all capital except the 3 Billion reserve.

So Treasury purchased all future profits.

And FHFA acting as conservator made such agreement with Treasury, which does not appear to be an act consistent with conserving the companies.

Doc.007

11/09/19 8:22 AM

#575562 RE: obiterdictum #575548

I Told This Before ! ( But Not Many Believed )

I just very briefly did describing it.

The Faked Purchase was never Really A Purchase and the SPS & CS Warrants are for "Financial Commitments" and by this fulfilling The Character of Collaterals and resulting become the same.
To remember, to be Collaterals it does not need the Titeling of Collaterals, where The Character of Collaterals is enugh. Sometimes it's good to contact Attorneys specialized in Financial & Contract Rights, as I did and Paid.
The Agreements titling "Purchase" To Fool was wrong, should have used "Promissories" instead.

I mentioned many times The Transfer Agency as requested and approved by SEC, but many here do not understand what It's Legal Job of Stocks Issuing as Outstanding really means.

Right, under the Situation the F+F is to 100% owned by its Public Shareholders, Not UST or FHFA or Etc. to Gov related.

At UST under Investments it's publicly seen The Fake Fooling of about $ 350 Billion tô Off-Set the National Debt, to Fool Taxpayers and The World, but I informed the World where to look, also the Chinese and We Can See it complicates to achieve agreements, or does anybody believe the US Can Endless Fool The World ?

The US Now has to do it right To Become Great Again !!

Happy Weekend


chessmaster315

11/09/19 9:09 AM

#575570 RE: obiterdictum #575548

Obiterdictum posted:

1. HERA specifically allows the US Treasury (not FHFA) to purchase and receive GSE issued securities (Senior Preferred Stock and Warrants to purchase common stock) from the GSEs as consideration for providing [initially] access to $200 billion in funding as detailed in the SPSPAs. The statute allowing purchase, receipt and use is: 12 USC 1719(g) - https://www.law.cornell.edu/uscode/text/12/1719 and 12 USC 1455(l) - https://www.law.cornell.edu/uscode/text/12/1455. -



Isnt it true that legislation that passes congress that is unconstitutional (violating the 5th Amendment "takings" claus) is not valid.
Do shareholders need to file another lawsuit challenging the constitutionality of HERA, which allegedly permitted the government to take our property?
Given that our leaders swear to uphold the Constituition, I do know what the military does when its leader goes awry and orders troops to commit acts which violate the law. There is a system in place to remove a commanding officer from duty when this happens.

In boot camp we responded to an order that would violate the law with, "As you were, sir".

For example, the CC (company commander) ordered us to march off the cliff. We responded, "As you were, sir", and did not obey that order. I think it was teaching us not to comply with orders contrary to the law.