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FTX has nothing over the twins. That's the ugly truth.
FTX in news but it business as usual. Government and lawyers use flowery talk and speeches to cloud the issue with the twins. If you been holding all these years and the government is collecting billions and billions of dollars on the warrants without any just compensation to share holders all these years. They don't just take the shares as that would be a takings. Eminent domain under the constitution says you should get fair compensation for your property. Instead they hold the warrants that would dilute future shares and no one wants to buy them. Obvious the government wants you to sell and make it so they don't pay anyone. To me that is a takings. I you don't tell a lie but use omissions, misdirects and avoidance isn't that the same thing.It isn't complicated unless you make It so.
Under Eminent domain you think the government would havre to pay serious money for your shares. I don't see any way around it. Been very profitable for the government. What's right for the goose is right for the gander.
Won't be long now before Rome collapses. Wonder when the gladiator pay for view start.
could have sworn I heard Colin Powell say at FOMC meeting that he wants to get MBS off his balance sheets. Are we headed for another housing crisis. I am betting we are. This time they will wear egg as they are in control of the twins.
So where is my bail out?
There is nothing the Republicans can do as the government has fallen to the radical left. There is nothing you can do to get your shares back. Just look at the new kings cloths. The judicial system is compliant and no matter what the government says and how many words they use the GSEs have been very lucrative to the government, but you the shareholders have nothing to show for it.
yea, someone knows. 30% increase, really.
ok, go with stupid. How many stupid are we talking.
So common is up like 30% and you don't know why, Yea, this stock does this all the time.
Never heard the expression that the king has no cloths. If you want to hide something, do it in plain sight.
Told someone the other day how the government is helping it self to my tax return and shares of the twins. They said why do you hold them. I said because they should be very lucrative for me. They said how can I say that and I said because they been very lucrative for the government. I started to go on about how they been the corner stone of our economy but stopped as I can no longer explain it. I have no idea how our economy works and think it just a big lie. If this was any other business it would have been sold off in it's parts. Maybe they will be knocking on your door asking for your share of the debt. Time will tell.
I can say I asked that many people but or the ones I did, including me, still have not received tax return refund. There doesn't seem to be any way to find out if they have my return and requested a copy of transcript there isn't any current information. I don't know to refile or do an amended return. Sorry state of affairs at IRS. However, I heard they have money to buy up bullets.
Keep chasing prices on everything we buy just enables more increases. I been paying through the nose for diesel since prices with gas flipped flopped in 2002.
Diesel has subsidized gas since. Now it is raising the cost of everything. We have a dependance on oil and current thinking is only ignoring it. Until we start using alternative to oil in making everything, shipping everything, etc that not going to change. So until then we need to make cheaper oil as this economy is going to implode and violence is going to be the new norm. Or are we in the mist of it already.
Guess it won't be long that all shareholders will fit in one room. Is it a taking yet?
All is well as Janet Yellen says the economy is doing well. Whom am I to question that, I only live to survive the increasing costs. Guess her reality is different from mine.
I take mine in I-bonds. It will very soon be 10% interest and rising.
ok, well you don't always get what you want, but just might find, you get what you need. ;>) Can't tell you how people run over others in a rush to get something and I stroll in and find the find of the day.
Still holding on to good things happen to those who wait. This conservatorship has been real good for the government and if there is any moral and ethical people left in government or legal system you think they present some of that good to the people who invested, held shares and bought under the ideas of ownership of stock. Investing in the GSEs was investing in the country, on the other end there where all those people who invested with treasury notes and bonds.
Aged like a fine wine, or vinegar.
Since when do we listen to a GSE on state of the economy. Where where they in 2008?
After just watching a rerun on bias in home appraisal process on c-span can see how the utility model will be used. Still hoping value returns to shares an with th warrants out there was thinking maybe bargaining chip. oh well. Your still the man !
Watching c-span on bias in home appraisal process. Just some BS. I purchased a property adjoining mine and paid more than what my neighbors would. It was foreclosed with Fannie Mae and the owner owed $80,000. Seems the guy got home improvement loans and use monies as income. The buildings where not habitable by my standards and just wanted to keep trash from moving in. I didn't need a loan and there was no way anybody was going to get a bank loan after the housing bust for that property as valued. I got it for $30,000 in a bidding war with Fannie Mae. Removes the buildings and returned it to wooded. Pay nothing for taxes and nice 5 ac addition.
There isn't any offer going into this class action. No price asked or disclosure of what to expect in financial gain. Question is have you given up your shares by being a class member and forced to take what is offered. I for one would settle on removing warrants and releasing the twins and me thinks value would return and shares take wing.
With Volkswagen and Mercedes class action there where tangibles to stay put and to opt out would allow to sue at a later date. Do we know in this case as to what those tangibles are or are they just as elusive as it stands yesterday.
I like it when you talk dirty like that.
Agree, there are no coincidences.
I locked my credit scores before it was popular. You had to call them and request it and not all three had a means to do so. That helped my credit as people poking around making inquires lower your score. Crazy new world as now the have apps to do it and offer boost to credit score for acquiring the app. My score is or was top 2% as stated at bottom of report. That and a five dollars gets a cup of Joe at Starbucks. Ha
Yes, just this year as I said in earlier post but in that one I was given an idea as what I was getting or opt out of.
Walter with arms crossed chest looks too much like Biden.
They still have to have capital where insurance is short. All could be avoided if we restated fair housing act of 1939 to keep banks and others from betting against the twins. The reason they have not is the same today. CDOs and CDSs have the advantage percentage wise. We are playing against the house and house rules whom always win in the end. The greedy makes it all about them and if it worked once it will work again. What have we learned. Nothing. The greedy will destroy us along with them in the end.
potatoes tomatoes
Remember too that the twins where broken by the government's removal of protection from banks getting into the MBS market in 1999 of the fair housing act of 1939. That the banks loaning money to anybody as government pushed for it at the time. I for one will never forget as I lived it.
14 years and you get a court notice with option to opt out of class action within 5 days. Not saying your correct about people getting excited but what is wrong with you?
I am good with that. There is no doubt that there is much to the secret plan.
If you got a notice are you not a plaintiff?
who invests in a risk utility either stands to gain a lot or loose big. Then when the entity fails just sell of the parts or let the assets go to the winners.
Wild speculation as no one has a clue. Maybe government combines assets with Fannie and Freddie dies. Maybe why mass exodus at Freddie. Class action resolves issues of warrants and preferred shares and common too for Freddie. IPO of Fannie to raise capital and that settles common for Fannie. Or Maybe government keeps Freddie after settlement as utility. Lets Fannie and Freddie compete as they don't know for sure what model works and lets them compete.
More like kiss their AAss good bye.
could it be because of IPO that FNMA common wasn't part of the option out of class action?