I had a whole slew of current news and a few court updates to cover tonight, but I felt compelled to share my feelings more honestly on our current status.I could go on and on about the Fairholme lawsuit and point out that the government is running out of rope, and their scheme will soon be exposed but why? I think it’s more important to clarify that over the last 18 months both myself and other bloggers have presented an overwhelming amount of indisputable evidence that proves our government guilty beyond any shred of doubt.The courtroom theatrics are just that. Those within our government that were a part of these crimes and their cover-ups know what they have done and continue to do. To them I will share a Gandhi quote that one of our readers shared:
“ There is a higher court than courts of justice and that is the court of conscience. It supercedes all other courts. ”
― Mahatma Gandhi
I added that it is the truth that presides over this court that Gandhi referenced.
People have been asking why the share price of the GSEs does not reflect the fact that the lawless seizure will not stand? This offers me a great opportunity to point out the sorry state of affairs our nation is in. First I ask why is the market cap of Fannie Mae at 2.81 billion considering so many of our politicians have sworn that Fannie and Freddie will never be released? One exceptionally psychopathic politician has even declared that he will lie in front of a train before he allows the rule of law to be upheld, yet 2.81 billion? The answer is that no one believes their leaders anymore.You would expect theses stocks to be trading at a fraction of a cent if people even remotely believed in their politicians.
Now you will ask then why are they not trading closer to their market value? This is a reflection of the fact that many Americans do not have much trust that our judicial system will right what is such an obvious wrong. They fear that somehow some way our government will find a way to game the system, to pull a stunt like we regularly see in countries like Venezuela and Russia.This, my friends, is a snapshot of what our great nation has become.
I think if people knew how close the GSEs were to being released last summer people would think differently. I also think it would help if people knew that the recent paper by the Leadership Conference was requested by the White House Economic Council. I asked Jon Prior at Politico if he was familiar with this fact and he stated that this was what he was told, but he believed that after a meeting with the Economic Council they were asked to put together the thoughts they shared at the meeting. I heard that the Economic Council asked them to put together just how they would like to see the GSE saga resolved. I believe whether Jon or I am correct is irrelevant because in both cases the paper was requested which says a lot.In fact, Jon’s account of it is more positive than what I heard.It truly defies politics 101 to think that President Obama will let such a huge issue in which he wields total control slip to a new Administration Republican or Democrat.We can take nothing for granted however and must fight till the end.
Speaking of other bloggers I want to share a few great posts that our fellow Patriots have shared recently:This incredible post by “Eckgar1” “The Truth about Henry Paulson(Goldman Sachs,Treasury) and FHFA conservatorship of Fannie Mae and Freddie Mac, as told by history 2005-2015”
The work speaks for itself and offers a chilling glimpse into one of the primary villains in our saga, Hank Paulson.
The other blogger who dug up quite a gem related to Mr. Paulson was “FanoFred”:
LIESMAN: MR. SECRETARY, THERE ARE MILLIONS OF SHAREHOLDERS OF FANNIE MAE AND FREDDIE MAC BOTH HOLDING THE COMMON AND PREFERREDWONDERING, DOES THE SECRETARY BELIEVE MY SHARES HAVE ANY MONEYOR ANY VALUE AT AUGHT ALL RIGHT NOW?HOW DO YOU RESPOND TO THAT?
PAULSON: I CAN’T RESPOND TO THAT, BECAUSE THAT QUESTION CAN ONLY BE ANSWERED WHEN WE LOOK TO THE FUTURE, AND THERE ARE CERTAINLY VERY REASONABLY SCENARIOS, VERY REASONABLY SCENARIOS WHERE THE HOUSING MARKET RECOVERS, THE ECONOMY RECOVERS, THE SITUATION WORKS OUT OVER A TIME FRAME WHERE THERE WILL BE VALUE IN THOSE SHARES. IF THERE’S VALUE IN THOSE SHARES, NO WAY THE GOVERNMENT WILL LOSE ANYTHING.
LIESMAN: BUT THE GOVERNMENT GETS PAID BACK FIRST BEFORE ANYTHING IS AVAILABLE FOR THE COMMON OR THE PREFERRED.
PAULSON: ABSOLUTELY.THAT’S THE WAY IT SHOULD BE.
Here we have Hank Paulson making it explicitly clear that there are “very reasonable scenarios” in which the GSEs could pay the government back and restore value to the shareholders.He left out the fact that they would lawlessly change the rules to ensure all of the profits went to the government in perpetuity? This is but one more rock on the mountainous pile of truth that exposes our governments lies.
On the subject of my fellow bloggers, I want to discuss the fact that so many of the bloggers including myself for now, who speak out against our government’s lawlessness choose to remain anonymous. The reason for this is many fear reprisals by our government.This is but one more clue to the chilling state of affairs our government has created. Now if we lived in Saudi Arabia or Russia, you would understand why bloggers would choose anonymity, but in the United States? The beacon of Freedom? This was never supposed to happen here, and it must not be allowed to stand.
Let me remind everyone that within our cause we are watching everything our founding fathers warned about come to bear.
But rest assured that we are not alone in our quest for the truth. I have met many brave patriots who are unbelievably committed to helping right the wrongs that have been committed by our government.Some of whom will be sharing something real special very soon.
I’ll leave you with a quote that we need to follow:
The lion is loose.
Keep the Faith