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bcde

07/10/20 11:45 PM

#619924 RE: kthomp19 #619913

"shows that you have also misunderstood what "The court also agreed to weigh in on issues relating to the statute under which the FHFA became the conservator." means. It does NOT mean that the Supreme Court is going to review the conservatorships, because the Collins plaintiffs don't challenge those.
"

SCOTUS can rule on any lawless and unconstitutional issues raised in these cases. The main questions raised in the petition depend on determining these issues first.

RumplePigSkin

07/11/20 4:54 AM

#619953 RE: kthomp19 #619913

The court also agreed to weigh in on issues relating to the statute under which the FHFA became the conservator.


The full conservatorship is on the table. I suggest reading up on courts electing to issue orders sua sponte.

Which for everyone means the court can rule on issues not brought up by either party. SCOTUS could gut FHFA in totality.

Plus, in the Collins briefs, they refer to the coercive nature of the government forcing conservatorship on private companies that had sufficient capital to weather the great recession. It’s in the brief. Not a stretch at all to conceive SCOTUS will gut FHFA sua sponte.

This risk game cuts both ways.