Heres the link to the article, I JUST TRIED AGAIN to post a comment under the Comments Section, I logged in and pasted my post on the blank box where I am suppose to and then hit the blue rectangle that says POST, and nada, zip, nothing!
Somebody needs to tell all these Major Dailies, the REAL STORY, or they will continue with the False Narrative that only the Evil Hedge Fund Guys are going to win in the Collins case.
So leave a comment if you can, or better yet copy and paste what I wrote and POST IT IN THE COMMENT SECTION!
This information ain't doing no good on this limited audience here on ihub web site and we need to let the major dailies know that there is more to this story than the old, insolvent bank needs government to bail them out and only the evil banksters are going to win here at everyday peoples expense.
If the Separation of Powers Doctrine means anything, it is designed to protect If the Separation of Powers Doctrine means anything, it is designed to protect individuals from the abusive and coercive effects of governmental actions on its citizens. Are you aware of any citizens liberties that have been violated by the 3rd Amendment Sweep and the legally contested 12+ year "Conservatorship"? I and 10's of thousands of Regular Joe's (e.g., Austin, TX Firefighters Retirement Fund, small Community Banks across the USA, etc.) are among those hard working Americans and retirees who have been the victims here.
Why not have the SCOTUS send a powerful message to the Legislative Branch by invalidating HERA in its entirety as a disincentive for Congress NOT to experiment with creating novel forms of government that can infringe on the Citizens Liberties as is the case here?
If Congress knows they can keep experimenting with ways to decrease Executive Authority over the 4th Branch of Government, knowing that the USSCT will fix their experiments on the American population by simply REWRITING AND amending their Unconstitutional Statutes, why should Congress even bother to follow the US CONSTITUTION?
Unlike Dodd Frank, HERA impacts mostly the gses only. Lastly, although the gse situation is hard to pick up on the fly, some basic facts should be understood:
1. I think Bill Ackman's (portrayed by Senator Warren and the Media as the "Evil Hedge Fund Guys"/"Evil Bankster") average cost per share is approximately $4/share.
2. But for, Mr. Ackman, Regular Joes like I and tens of thousands of other shareholders who have had their financial interests, as Chief Judge Roberts said in this case, "Wiped Out", do not have the millions of dollars necessary to litigate a case against the US government, who has virtually unlimited resources, has fought a vigorous defense including but not limited to what appears to be perjury by a high ranking former FHFA official, invoking "Executive Privilege" and "National Security" roadblocks, resisting settling with Plaintiffs, and other bad actor characteristics.
3. The gses federal government regulator stated the gses were in good financial condition a weeks prior to Hank Paulson, according to Judge Margaret Sweeney, making the gse Board of Directors an "offer they can't refuse!".
4. Jim Parrot (who is apparently advising Joe Biden on housing policy), while working at the United States Treasury (where 99% of their profits from 2012 to today are located) in 2012, emailed his "fellow travelers", that the government will "salt the Earth with their carcasses" and announced the August 17, 2012, net worth Sweep, which is the subject of this litigation.
5. ALL the conservatorships I have ever heard of are temporary and not suppose to last 12+ years, much less send 99% of their wards profits to solely benefit the conservator. Isn't a conservators job to conserve and preserve the assets of its wards?
6. Many regular Joe investors in the gses invested in the gses because they like the Mission of the gses, to help low and moderate income Americans attain the American dream AND receive a fair return on their private capital!
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