Replies to post #178177 on Fannie Mae-No Politics (FNMA)

[Always wondering]

These articles are popping up everywhere patswill, good times ahead :-)

[Mikey Mike]

Over 5 years to pass a bill and now that FnF are paid off, it will be up to Watts to release FnF out of C-ship. Bill? What bill? They had over 5 years to do it and it's still not done...that window is already closed or close to it. Senator Warren has mentioned in the past that Mel Watts is in place to do the job...passing on the buck...

[Patswil]

The Government filed response today. It's a 25 page document. Here is the cover page:

TABLE OF CONTENTS
PAGE
INTRODUCTION ... 1
ARGUMENT ..3
I. Standards Of Review For Permitting Discovery In The Face
Of A Motion To Dismiss ..... 3
II. Plaintiffs Have Not Articulated A Valid Basis For The Court To
Permit Discovery At This Early Stage Of The Litigation ...5
A. Plaintiffs Are Not Entitled To Jurisdictional Discovery .. 6
1. There Are No Jurisdictional Facts In Dispute Related
To The Legal Question Of Ripeness .. 6
2. Plaintiffs Are Not Entitled To Discovery With Respect
To The Legal Question Of FHFA’s Status When It Acts
As Conservator ... 8
B. Plaintiffs Are Not Entitled To Discovery With Respect To
Their Failure To State A Viable Takings Claim Under
RCFC 12(b)(6) ... 12
1. The Government’s Citation To A Press Release Does
Not Warrant Converting The Pending Motion To One
For Summary Judgment ....12
2. The Government’s RCFC 12(b)(6) Challenge To The
Sufficiency Of The Complaint Does Not Require The
Resolution Of Any Factual Disputes ... 15
a. The Court Need Not Decide The Purpose Or
Voluntariness Of The Third Amendment In Order
To Dismiss Plaintiff’ Claim Under Penn Central ... 16
b. There Is No Material Dispute As To Whether The
Enterprises Were Placed Into Conservatorships At
A Time When They Were Facing Insolvency ... 18
CONCLUSION .. 20
For these reasons, the Court should deny plaintiffs’ motion for discovery. The Court
should then lift the current stay granted at the request of plaintiffs and direct plaintiffs to respond
to the motion to dismiss in short course.

[Usmcvet]

"The Obama administration has been working with Senate Banking Committee Chairman Tim Johnson, a South Dakota Democrat, and Mike Crapo of Idaho, the panel’s top Republican, on their bill. It’s expected to replace Fannie and Freddie with a new agency. "

Tim Johnson and Mike Crapo = Foe

[Digra Ive]

INCREDABLE TIME FRAME 1 MONTH.
Guys, your collection of interesting topics are awesome !!
Thank you very much