Replies to post #120417 on Fannie Mae-No Politics (FNMA)

[MonestHind]

I stopped at "government caught stealing."

[patoja76]

Totally agree from top to bottom!!!!


Coincidences....

-President Obama on June 4 nominated Wilkins, a judge on the U.S. District Court in Washington, D.C., along with female lawyers Patricia A. Millett, a partner at the firm Akin Gump Strauss Hauer & Feld who has litigated frequently before the Supreme Court; and Cornelia T.L. Pillard, a tenured law professor at Georgetown University, who previously worked at both the NAACP Legal Defense and Educational Fund and in the solicitor general’s office.

-NAACP Praises Obama for Not Endorsing Corker-Warner GSE Bill posted by Alex Ferreras on August 22, 2013 in Mortgage News - LoanSafe.org

-MINUTE ORDER: It is hereby ORDERED that all deadlines in this case shall be STAYED until further notice while the Court reviews all of the pending motions in all of the related pending cases. Signed by Judge Robert L. Wilkins on 9/9/2013. (tcb)

[philipmax]

nice post.
also, like to add that the GSE debt was taken out of the National Debt, whose sudden explosion with rising oil imports and trade imbalance, was spooking the market in the early 1970's.

I cannot see a scenario where the GSEs are eliminated without due process. In any case, stockholders will have to be compensated for any stock taken from their equity; including the 79.8% sequestered under conservartoship. The entire capital system of the free world will collapse if this is not done.