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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (39625)	9/8/2008 6:40:04 PM
From: TobagoJack	2 Recommendations Read Replies (3) \| Respond to of 218055

just in in-tray Courts Could Derail Fannie and Freddie Bailout Plan yourmortgageoryourlife.wordpress.com <snip> According to legal analysis by Constitutional Law expert Judge Andrew Napolitano on Fox News, the Courts could end the Fannie and Freddie Bailout ”…with the stroke of a pen.” Napolitano argues that the special status of the GSE’s as a quasi-government agency has no bearing on the legality of what amounts to the United States Government’s illegal seizure of private property. Each share of Fannie and Freddie amounts to a vote in the GSE’s governance. These votes have been effectively seized illegally in violation of both the Fourth Amendment and the Fourteenth Amendment to the Constitution of the United States of America. In a case of Illegal Seizure of property by the Government, it would be highly likely that the Courts would order that the Government to compensate those damaged by the seizure with the fair market value of the seized property. This would put a big damper in the Government’s Plan to screw the stockholders while they Bailout Their Chinese Overlords - remember, we have to keep these guys happy so they will keep lending us money to keep the Government Open and functioning - as well as rescuing the soon to be Fondooed Regional Banks.