Replies to post #656473 on Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

I think many of Hashim's arguments for his client, da gubmint, aren't even getting off the ground, remember these bogus arguments to justify the governmental Nationalization of two private corporations:

1. May versus Shall to justify that a conservator DOES NOT HAVE TO CONSERVE AND PRESERVE ITS WARDS ASSETS.

2. The Death Spiral: Discredited in Discovery by the Fannie Mae CFO telling UST, the Golden Years are ahead and Jim Parrots Salt the Earth emails to his "fellow travelers".

3. Shareholders can't ask the courts to correct this governmental fiasco/injustice.

4. Everything is working perfect here, no reason to peak behind the curtain even though conservatorships are suppose to be temporary and the intent of HERA has been violated!

If the US Government is allowed to Nationalize private corporations it is no better than a Banana Republic!