The Eighth Circuit ruled Thursday that the federal government’s diversion of Fannie Mae and Freddie Mac profits to the U.S. Treasury Department after the 2008 housing collapse did not illegally shortchange shareholders. Shareholders attorney, Charles Cooper with Cooper & Kirk PLLC, argued in a hearing in May that his clients were essentially robbed of money due to the flow of Fannie and Freddie profits straight to the Treasury.
Millions of homeowners were under water due to the subprime crisis
The sharks swam in for a feeding frenzy!
With the stroke of a pen, the government had nationalized the companies (sharks) and taken all the value of the companies for itself, thereby depriving the private shareholders of all their economic rights, according to the complaint originally filed in 2015. Under its preferred stock purchase agreements authorized by HERA, (Housing and Economic Recovery Act) the Treasury received 1 million shares in each company and warrants to acquire 79.9 percent of the common stock of Fannie and Freddie.
A “net worth sweep” was executed in 2012 by the Treasury Department and FHFA obligating Fannie and Freddie to pay a quarterly dividend to the Treasury equal to their net worth. (end Courthouse News)
Oh, the poor dears are complaining of lost profit constructed from a business model that destroyed millions of homeowners. Misery is a business model for sharks and it's high-tide they drown in their own water. The shark shareholders business day becomes a nightmare!
The #Pedogate arrests are ramping up and reaching all the way to some elite names now. Today, Clare Bronfman the heir to the Seagram's liquor fortune was arrested for what is likely to be revealed as her role in the NXIVM human trafficking operation.
Meanwhile, a small time Hollywood actor is naming big names as specifically being pedophiles. Get the whole story from Black Pilled: Hollywood Actor: "It's Worse Than You Think"
SGT REPORT IS BACK, FOR NOW... BUT FOR HOW LONG, AND WHO'S NEXT? Mike Adams' Health Ranger channel is still gone, so is High Impact Flix. Is this the "freedom" we expect as guaranteed by the BILL OF RIGHTS and Constitution? President Trump is ready to dig into Twitter for shadow banning Conservatives. Is You Tube next? Hopefully.
KUALA LUMPUR, Malaysia (AP) — Fugitive businessman Low Taek Jho, a suspect in the looting of Malaysian state investment fund 1MDB, has fled Macau to an unknown destination, police said Wednesday.
Malaysia cancelled Low’s passport but Fuzi said Low could have several travel documents, making it tougher to trace him. Interpol has issued an arrest notice for Low at Malaysia’s request, and Fuzi said he hoped to soon get news about Low’s whereabouts.
U.S. prosecutors allege that Low was a central figure in looting and laundering at least $4.5 billion from the fund. A friend of Najib’s stepson Riza Aziz, Low had no official role at 1MDB but had considerable influence over its dealings and was often in contact with Najib, according to the Justice Department.
Switzerland Attorney-General Michael Lauber said Tuesday that the scandal could involve an estimated $7 billion in fraud, far greater than the U.S. figure.
Najib was charged last week with criminal breach of trust and abuse of power, making him one of few Southeast Asian leaders to be prosecuted after losing office. Anger over the 1MDB saga contributed to the surprise defeat of Najib’s long-ruling coalition in May 9 elections, ushering in Malaysia’s first change of power since its independence from Britain in 1957. (end Courthouse news)
Former Malaysian Prime Minister Najib Razak
Khairy, the Barisan Nasional lawmaker, discounted speculation that Najib had been hoping to find some way out of his predicament. Now, without Najib at the helm, the priority for the former ruling coalition was figuring out how to become the opposition for the first time, Khairy said.
“We were in a state of collective denial,” he said, adding that the coalition had misunderstood the anger of the population. “We were too drunk on our own Kool-Aid, and this is a sobering lesson for us which we’ll remember for the rest of our lives.”
Time for The Spin Doctor, as law and order is being restored around the world.
Last year Aug, 20, 2017 'We The People' signed a petition - Whereas George Soros has willfully and on an ongoing basis attempted to destabilize and otherwise commit acts of sedition against the United States and its citizens, has created and funded dozens (and probably hundreds) of discrete organizations whose sole purpose is to apply Alinsky model terrorist tactics to facilitate the collapse of the systems and Constitutional government of the United State, and has developed unhealthy and undue influence over the entire Democrat Party and a large portion of the US Federal government. The DOJ should immediately declare George Soros and all of his organizations and staff members to be domestic terrorists and have all of his personal an organizational wealth and assets seized under Civil Asset Forfeiture law.
Even Hungarian Prime Minister Viktor Orban and his government are on the heels of George Soros. Under the law, officially called “Stop Soros”, individuals or groups that help illegal migrants gain status to stay in Hungary will be liable to prison terms. Also GARY J. BYRNE a former U.S. Secret Service Agent who once served President Clinton has filed a Rico Complaint.
Greg Hunter of USA Watchdog goes into detail of this weeks news that is off the charts!
Martinelli, 66, served as Panama’s president from 2009 to 2014. But Panamanian authorities say Martinelli also oversaw an extensive surveillance system that eavesdropped on the cell phones and computers of at least 150 people, including political opponents, business rivals, judges, journalists and diplomats.
Martinelli allegedly used more than $13 million in public funds to pay for surveillance equipment and compensate the “secret services” team that conducted the spying, the extradition affidavit says. (you get around Barry)
The United States extradited former Panamanian President Ricardo Martinelli on Monday so the politician and businessman could face charges of illegal wiretapping and embezzlement.
"The commission plans to monitor pollinating insects both to assess the condition of their populations and to try and determine why and what is threatening them in the first place. Once the cause of the threat is determined, the commission says it will be able to figure out how to protect pollinators going forward." (end EU acts)
Good News - Bees working Hemp (pudgy little bugger)
Nick French, Founder and Beekeeper; “Frangiosa Farms is committed to responsible beekeeping in the face of bee decline through community education, backyard beekeeping, and support of locally sourced pure simple honey. I raise my bees with organic practices. I love to talk about the wonderful world of bees and the benefits of local, raw honey.”
The Value: When you support Frangiosa Farms you are making a difference in the battle to save the bee. They are committed to using every penny of your donations to buy more equipment to establish new bee colonies, develop programs that educate new beekeepers and supporters, and create a bee business where the honey sales go directly back to create more colonies. It is a sustainable loop where the bees help to save themselves!
Colorado Hemp Honey, produced by the Frangiosa's Farm Bees.
On Jan. 9, a Miami jury found Mejia-Duarte, 41, guilty of conspiring to distribute over five kilograms of cocaine with the knowledge that the cocaine would be unlawfully imported into the United States. The evidence at trial, which included the testimony of multiple co-conspirators and pictures from a seizure of over 2,000 kilograms of cocaine, showed that defendant Mejia-Duarte led a large-scale international narcotics transportation organization based in Honduras and Guatemala that was part of a distribution chain spanning from Colombia to Mexico and the United States. In that role, Mejia-Duarte and his workers secretly received multi-hundred kilogram quantities of cocaine from Colombia and Panama, temporarily stored the narcotics in Honduras or Guatemala, and then transported the narcotics onward, typically northward, including into Mexico.
Go-Fast Boats, the containers are for fuel! 4-250hp outboards?
Mejia-Duarte used go-fast boats, helicopters, and airplanes to operate his shipping route and, as witnesses detailed at trial, much of the cocaine was supplied to the Sinaloa Cartel led by Joaquin Guzman Loera, also known as “Chapo,” and Ismael Zambada, also known as “Mayo.” Based on the witnesses’ trial testimony and documents submitted in the case, Mejia-Duarte is responsible for trafficking at least an estimated 20,000 kilograms of cocaine. In operating his criminal network, the witnesses described how Mejia-Duarte carried guns, employed bodyguards and assassins, and engaged in a bloody war with a rival trafficker.
Acting Assistant Attorney General Cronan, “Today’s sentence reflects the unwavering commitment of the Department of Justice to prosecute those who fuel our drug crisis by sending illegal narcotics across our borders. I especially thank our law enforcement partners in Honduras and Colombia for their assistance in bringing Mejia-Duarte to justice.”
“The DEA Miami Field Division is very pleased with the deserving sentence given to Mejia-Duarte today,” said DEA Special Agent in Charge Wright. “This adjudication is evidence of the strong partnership with our international law enforcement partners who also sacrifice much to strike down and bring to justice all those who willingly engage in dangerous and criminal acts against the United States which threatens the welfare of its citizens.”
Mejía also known as "The Compa", "The Doctor" and "Brother-in-law".
