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Robert from yahoo bd

02/01/23 4:52 PM

#746965 RE: clarencebeaks21 #746952

Good point, clearly a Libertarian's viewpoint of the situation is going to be different than the government can help out more people through targeted spending.

If SM and MC wanted to really "exit the CONservatorships" then why switch the NWS from cash to a dollar for dollar increase in the LP, especially after he told Maria B, "we're going to get the government out of the ownership of the GSES", in 2016?

The Federalist Society is never happy about government interference in any private markets and Fannie Mae was a FDR new deal baby with LBJ privatizing the GSES in 1968.

Jim Johnson (Walter Mondale's campaign manager) was CEO of Fannie Mae by the assistance of his predecessor David Maxwell (another Minnesotan D, I believe). Franklin D Raines (I sh*t you not, FDR!) was head of CBO for Clinton, prior to becoming CEO.

Hank ("the 1st sound they will hear is their heads hitting the floor") Paulson began the seeds of Nationalization, a Bush 2 appointment (Bush 1 & 2 always tried to attack the implicit government guarantee).

Lockhart agreed to the original SPSA originally doubling the 5% interest rate versus what the TBTF banks had to pay, although I think he was a Bush 2 appointment.

But if I had to pick my poison it would be that the R's and Libertarians are the least caustic to exiting the CONservatorships then the D's.

I remember a handful of R's quizzing SLT about the exit of CONservatorship but as I recall NO D'S!

I'd like to see the FHFA and UST follow HERA and finally exit the CONservatorships and give control back to regulated government sponsored enterprises NOT government owned enterprises.

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Don't you think if any of the remaining Shareholders are going to litigate under a new Nondelegation Doctrine constitutional challenge that the BEST federal Circuits would be the 5th or 8th and not the 9th?

In addition to the PLF and NACL, I discovered the Consumer Research is challenging federal agency overreach under the Nondelegation Doctrine, have you heard of them before?

https://boydengrayassociates.com/boyden-gray-associates-completes-briefing-in-challenge-of-fccs-universal-service-fund/