That last post got me thinking about federal charters in general. The first one I personally heard of was the 1916 charter of the Boy Scouts of America. When I was a Tenderfoot we were told we ought to be real proud of that.
The charter was accompanied by the tradition of making Potus the honorary president of the Boy Scouts of America. Yep, His Obamaness is the current head Scout. Never mind his discomfort in associating with a patriotic, quasi-religious organization which also insists that adult scout leaders be hetero -- or at least sufficiently controlled to keep their mouths shut and their hands off the little boys at Camporee time.
Consider the unthinkable. Tragedy robs the nation of its president and vice-president while Barney Frank is speaker of the U.S. House. As his first official act he (with congresscritter help) charters Acorn. Then he waits for the invitation to honorarily head the Boy Scouts and wonders whether -- if the invitation comes -- he should accept or decline. Talk about your horns of a dilemma...
On balance, I think the Scouts should bow out of the charter. If nothing else it would set a nice example for Freddy Mac.