Replies to post #680979 on Fannie Mae-No Politics (FNMA)

[RickNagra]

J. Barrett provides that check-writing escape route in her question at oral argument, the last question posed. J. Barrett’s presence on the Court may prove pivotal if she represents the sixth “conservative” Justice that was absent during the ACA case.

Focusing on remedy, J. Barrett made clear to the other Justices, by having Collins counsel respond to her question, that no unseemly directive from the judicial branch to the executive branch to write a very big check will be required. Just mostly a write down of Treasury’s senior preferred stock preference. The other Justices may or may not have understood what this might mean at the time, but in my view this may be the subject that is requiring time to sort out as we maintain our Collins SCOTUS watch.

[imtheshadow]

while ROLG is just one opinion, I think he captures much of why we're sitting here at 2 and change ... SCOTUS might protect the gov't over the integrity of the rule of law ... and even the well being of its own citizens ... because, god forbid, it might be inconvenient for the gov't to fairly compensate the victims ... no wonder the US is ranked 20th in quality of life ... long live WS and the TBTF masters of the universe!