Fannie Mae, Freddie Mac: U.s. Government Securities Fraud Cover Up – Obama’s Legacy? by TimHowards717
“An attorney is also considered as an officer of the court, taking an oath to support the laws of our country. As it is already hard enough to get to the truth in so many cases, there is no room in our legal system for lawyers who actively try to deceive. The legal system works well when we are all playing by the rules,” Adjunct law professor and attorney Rose Safarian
Fannie Mae, Freddie Mac: The perry motion
I have spent the better part of the last two days studying and contemplating the perry motion. I actually woke up at 430am and after rereading it for the third time I actually had a chance encounter with a wolf who decided to trot across my side field. I have written and rewritten this post five times.I have thought long and hard about the serious implications of this motion.
I can say with authority that in their quest to hide the truth the government has now left judge Lamberth no option, but to grant an injunction. Unlike the Fairholme lawsuit, an injunction foregoes a long trial. The trial is where both sides are afforded ample time to present their case in great detail. In an injunction, Judge Lamberth must heavily rely on the integrity of the government attorneys and the treasury department to produce an accurate and truthful administrative record.Judge Lamberth ordered the treasury department to produce all of the documents that they had in their possession that they used in debating the necessity of the third amendment sweep. The government then committed perjury and defied judge lamberts order by leaving out the Blackstone presentation. This now casts serious doubt on everything they have presented as “factual.”
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Fannie Mae, Freddie Mac: Discovery documents
As disgusted that I have been with the governments conduct as well as their courtroom antics, this rises to an entirely new dimension.Every step of the way I have warned that the perilous path our government has chosen would yield them disastrous results. We have been cautioning for months that the coverup often can be worse than the crime itself. We highly suggested that the government settle rather than proceed any further when it became more than clear that their defense was full of lies. We cautioned that by proceeding into discovery it could place several government officials in contempt of court. The government has defiantly ignored all of our suggestions and one by one our predictions are coming true. I don’t say this to brag nor am I happy with the accuracy of these predictions. I wish I were wrong, I wish our government had not chosen to humiliate our country in this way.
To think that the Blackstone Presentation and the now infamous 2010 secret treasury memo are the only smoking guns would be grossly naive. There is bound to be numerous documents and communications of a similar nature. Wait until the key players are placed under oath and have to testify about the discussions that lead to the sweep.
Government hijacking Fannie Mae and Freddie Mac
I am not the only one who has taken notice of the dire implications contained in the perry motion.High-level officials are considering the serious implications that this will pose for the administration.When the lid blows off of this, it is Obama who will ultimately be left holding the bag, and he knows this. All the congressman on both sides of the aisle who have played such a huge role in the hijacking of Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) will scatter like rats on the Titanic. History will quickly forget the role any of them played in it. It will although be forever etched into Obamas legacy. Keep the Faith!