Fractures In High Command
I apologize for the delay between posts, but critical developments continue at a rapid pace.On virtually every front of this war, we continue to make great gains.President Obama is facing increasing pressure to do the right thing, I have heard whispers that fractures are developing within the high command. Some of our most powerful hidden allies are prepared to take matters into their own hands if he refuses to take the actions necessary to save Fannie and Freddie from destruction.Tonight’s post is split into two sections; I will begin by presenting four documents that Trevor Thompson has written over the last few weeks. These have been distributed to our most loyal allies and are now being shared publicly for the first time. I want to commend Trevor for his undying dedication to the truth. He understands what is truly at stake here and has become a very valuable asset in disseminating the truth.
The second part will cover some key legal developments and other timely commentaries.
Patriot Trevor Thompson:
How Republicans Would Destroy Fannie and Freddie if They Win the Presidency
I have warned over and over that if the Republicans get their hands on the GSEs in 2016 it will mean lights out. Trevor brilliantly lays out exactly how they will do it. I highly suggest that anyone who cares deeply about Fannie and Freddie read every terrifying detail of this paper.
“President Obama is currently in an unprecedented situation where he has nearly unchecked power to influence the future of the GSEs, and he can use this power to lock in the numerous benefits that they provide for decades to come. But just as the current president can exercise these powers, a potential Republican president could use them to crush everything the companies stand for, and possibly even the end companies themselves. Unless he acts soon, President Obama will be handing the housing finance system to Republicans on a silver platter, and they will be able to strip away every positive provision the Democrats have clawed from conservatives in the last 50 years.”
This is the paper that Peter Wallison ,Mark Calabria, Bob Corker and all of our other most cunning opponents prayed you would never see.
Fannie and Freddie: A Critical Issue for Hillary 2016
In this paper, Trevor points out that Hillary’s fate will largely depend on President Obamas handling of this issue.Black America has awoken and has demanded that President Obama make good on the promissory note they earned in both 2008 and 2016. To defy them will be political suicide and ensure complete Republican domination in 2016.Here Trevor cites Robert Samuels:
“Robert Samuels of the Washington Post covered the feelings of residents in Jacksonville, Florida: “On Jacksonville’s north side and in other struggling urban neighborhoods across the country, where Barack Obama mobilized large numbers of new African American voters who were inspired partly by the emotional draw of his biography, high hopes have turned to frustration: Even a black president was unable to heal places still gripped by violence, drugs and joblessness…
As Motley and some friends sought shade recently under a mulberry tree and looked across the landscape of empty lots and abandoned houses that has persisted here, they wondered whether they would ever bother voting again.
“What was the point?” asked Motley, 23, a grocery store clerk. “We made history, but I don’t see change.”…
Clinton faces a higher bar [than Obama] in making a case that she, too, can be a transformative figure… [A]s her allies prepare to register voters and expand the black electorate, her candidacy presents residents here with a question: If Obama’s presidency didn’t do more to help African Americans, then how could hers?” This is the stark reality facing President Obama.
Articles and Studies Demonstrating that Fannie and Freddie Did Not Cause the Crisis
The third document is a handy fact sheet that provides key bullet points to defend against those who still falsely claim that Fannie and Freddie caused the financial crisis.
New Disclosures in the Fairholme Trial Eviscerate the Government Defense
The fourth document was put together to bring key allies up to speed after the discovery bombshells
The True Terrorists
We have witnessed our government’s entire defense be rendered to a smoldering wreckage. Briefs have been suspended in the Perry Injunction Appeal due to crushing discovery revelations that Judge Sweeney ushered over to the DC appeals court.There was some confusion after the briefings were suspended and I learned the next day that the reason given was that the court felt that there was no need for the government to submit a briefing that would instantly become irrelevant once the Fairholme discovery was factored in.That explanation though rational was qualified with the feeling that the way things were unfolding in the Appeals Court indicates there may be more to it.
Remember that although the revelations are currently sealed from public view the Judges have seen them.The government has not only seen them, but they also know what is in the thousands of documents currently being withheld under privilege.Yes, they know the full extent of the situation which is why this week their desperation to hide the truth took an inexplicable turn.After Judge Sweeney had sent the mountain of sealed discovery over to the Appeals Court, our government moved to block lead plaintiff Perry Capitals lawyers Gibson and Dunn from viewing the sealed discovery documents and depositions. Perry Capital pointed out that this treatment is usually only reserved for attorneys representing Terrorism defendants.
Let me be clear that I have objectively analyzed every aspect of this battle and the true terrorists are: those within our government who have tried to pull off this incredibly brazen scheme against those they are sworn to protect: those in power who due to ideological madness work day and night to deprive our most vulnerable citizens from even the crumbs off their table and those who allow their racism to try and deny minority Americans equal access to Americas mortgage market.I will not stop my quest until the truth is known, and justice prevails.I have stated from the beginning that for our government to comply with discovery will likely mean the end the case. I knew their flimsy lies would be smashed, and my prediction is unfolding as I predicted.
Fairholme attorney Mr. Colatriano: “Your Honor, we certainly have no interest in being party to something that — Judge Sweeney: Causing doomsday?” 7/6/14
The response to the motions to unseal discovery by our government in the Fairholme Lawsuit reveal that recently departed Attorney Schwind was definitely the brains behind the government’s defense. The fact that the governments repeatedly tried to make the claim that Judge Sweeney agreed with their apocalyptical financial warnings was absurd. Judge Sweeney reluctantly agreed to the government’s bizarre reasoning with the understanding that ultimately only a small portion would ultimately remain sealed. She actually mockingly referred to the government’s bizarre warnings in a few hearings shortly after they made them. Back on 7/14/15 I wrote:
“Regardless of how hard she try’s to appear objective To hear Judge Sweeney make mention of the government’s “dire consequences” argument, it is like listening to someone refer to a crazy uncle. She actually took it a step further in Wednesdays hearing when we saw this exchange: Fairholme attorney Mr. Colatriano: Your Honor, we certainly have no interest in being party to something that — Judge Sweeney: Causing doomsday?” (From Wednesdays 7/16/14 hearing)
If the government attorneys had been following my blog more carefully they never would have made the juvenile mistake of suggesting that Judge Sweeney agreed with them.Once again they acknowledged us when they warned about “Twitter commentators and bloggers” in their response to the New York Times motion. Rest assured that we have become the proverbial pebble in the shoe of our most powerful opponents.From the beginning, this was not only our goal but our duty as Americans.Our humble grassroots movement has impacted this cause in ways I would never have believed possible.
Salute To Brothers In Arms
Though I am not connected to the hedge funds in any way, we share a common goal and assist each other when we are able. With the recent “terror suspect” treatment, I feel obligated to defend those within their ranks that I now consider friends.
The hedge fund versus taxpayers narrative was a brilliant marketing ploy that likely was spawned from the big banks who are truly pulling the strings at the Treasury.The fact that the hedge funds did their due diligence and determined that the GSEs could pull out of the crisis, and recover, is not a crime. The stocks of Fannie and Freddie were allowed to continue trading. Numerous government statements assured investors that if and when Fannie and Freddie pulled out of the crisis investors would be made whole.Hank Paulson himself when asked if investors who owned shares pre-conservatorship should sell he said not now, you have already taken the hit. He suggested holding the shares because if and when the GSEs became profitable again the shares would be worth considerably more than they are now. I have cited numerous official documents that our government issued that stated that the conservatorship would end once the companies turned around.Those who have helped our government perpetuate this utterly misleading “Hedge Funds VS taxpayers” narrative should stand in shame. This false propaganda has no place in a free-market democracy.
I may either update this post or simply add to the comments as new developments break.I have been continuing to work with Adam Spittler and Mike Ciklin on their forensic accounting and there will soon be a disclosure that will be sure to take that discussion to the next level.Mike and Adam provided critical support and intel daily.I have also been in contact with a former GSE insider who shared some facts with me that corroborate Mike and Adams disclosures very well. Keep the faith!