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chessmaster315

08/01/25 10:04 AM

#837571 RE: bradford86 #837561

Good point. There are many documents found hidden in Burn bags, at government offices, "we were not supposed to see". Some of these "hidden documents" could likely reveal what most FNMA investor already know:
1. The conservatorship was never needed, Fannie always paid their bills, and never defaulted on anything. Not even close.
2. The major reason for conservatorship is to fund Obama care, and confiscate the money from shareholders to fund it. Obama viewed shareholders mostly as "rich hedge funds" that could afford to lose money to fund insurance for the poor. Its based on a lie, because most shares were owned by individuals, and institution ownership was less than 30 percent. Even then, "Not just" the super wealthy invest even in hedge funds. but rather by working people who have saved most of their lives for retirement a few dollars at a time.
3. The Obama admiistration "cooked the books" to make Fannie look like it was "winding down", but this was mostly an accounting change, changing the status of DTA (deferred tax assets), amounting to at least 50 billion. It made fannie look insolvent in Aug, 2008, when Hank Paulson told everyone just a few weeks earlier that it was in good shape, and not in need of a bailout. The NWS part, was all cooked up by Obama/BIDEN, to confiscated sharholder dividends enough to fund Obama care.
4. Most of us know, the conservatorship is a sham, to steal from shareholders.
5. These documents will confirm the scam, and necissitate the government "making whole" the shareholders robbed from. These shareholders are police, firemen, Veterans, teachers and others..where their retirement funds invested in FAnnie and Freddie, because they were the "widows stock" which paid a safe and secure dividend.
Its about time the scam was exposed, in full, and shareholders made right again, and those officials responsible are put in jail.