Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I believe that the Twins are now too big to kill. There is no other alternative for what they do in size and scale. Between the two approximately $138 billion dollars now in equity!!
Glad you are on the same page
Well! I lost my whistleblower lawsuit after about four years. I mean the school district only wasted 1.34 million dollars!
https://www.observerlocalnews.com/news/2022/sep/21/state-audit-details-financial-it-missteps-at-volusia-county-schools/
Since the 5th Florida DCA threw my case out without even writing an opinion I am not having much faith that this will ever resolve itself with my 28,500 shares at $1.79.....
so by default - we all know - we know live in a world where EVERYTHING goes to court
lamberth did certify but defendants filed for jmol which is now being briefed.
Thank You, Mr. Fisher, Mr. Kelly.
Go Kelly!
Go Bryndon!
Go Fannie!
Go Freddie!
Nothing bad happening here today, in fact it was a great day
because Fannie and Freddie came back strong off their lows
like cats on a hot tin roof...good sign for rest of the week
That’s not gonna happen.
We are not going anywhere anytime soon. Folks on the trump gravvy train will learn soon as well. It's very easy to buy him to not do anything. Money speaks in this country and he is one that can listen easily with dollar speaking
We need Congress to do their job correctly. That’s what SCOTUS just told them. If they don’t, then the courts will.
You are on your own tomorrow.
Tomorrow is a short day and I will be golfing.
Flat out question re Bright
He seems to either be a potential great friend or a horrible horrible enemy --- ?
He does not like F and F in conservatorship ---- but something in me feels like his answer is to kill them
from a write up which leaves me wondering - what is up and what is down?
Bright then joined the housing program at the Milken Institute Center for Financial Markets. In September 2016, he and former director of the Federal Housing Finance Agency Ed DeMarco were co-authors of a paper "Toward a New Secondary Mortgage Market." It called for an end to the conservatorship of Fannie Mae and Freddie Mac, to create a private market for mortgage credit risk, and to remove Ginnie Mae from the Department of Housing and Urban Development, converting it into an independent government agency.[8]
So is this the plan to make Ginnie Mae a sort of new F and F and kill F and F?
What a shill
Banks will be hurt --- can not have that --- banks now doing such a great job
or maybe he wants f and f free so they are not GOV backed ?
time to search his name - he feels like an economist or lawyer at a TBTF bank
could be
seems the ruling by SCOTUS does make it almost fact that the POTUS is immune from breaking the law --- more in the detail. Nothing the POTUS says in official capacity can be used as evidence of illegal act. So we easily can have a visibly illegal act and not be able to pull together the evidence as it is immunized if the PRESIDENT said it
See the NY case where already today - 24 hours - DJT legal team is arguing a state court has stepped on SCOTUS. Not in the action - not in the law --- but in the use of EVIDENCE that is in that area that SCOTUS suggests is most likely immune
Look to the Roberts example. Where we know from the participants - no hearsay - that DJT tried to remove people for solely political purposes and put in people for solely stay in office purposes --- nothing said can be used as evidence as he - DJT - the POTUS was talking with his reports in his agencies
I do not know if L or R or D or R will win in 20-30 years but I do not like the changes in the rules that push things into concentrated hands . e.g. those that love DJT --- will likely watch as Chutkin does hearings that show his guilt AS DIRECTED BY SCOTUS --- and then rule they were NOT official acts - then appealed and losing and then SCOTUS steps in and six R appointees say --- immune
and do you expect Congress to act?
I have no problem with CONGRESS doing its job -- even if an R group fixes a D law or a D group fixes an R law ----- (some of course will upset me - but that is the role of congress - the elected Reps)
I do not see that happening
And as I read the various converging events - the power goes to courts and POTUS alone
not what I think the Founders intended
Had to be black. That's all that's available to work for federal agencies within 100 miles of D.C.!
"again can one person tell me the date when the judge must reach his option on the courts decision"
MUST? Why Ol' Royce is going to live to be 200. He's waiting for all the shareholders to die.
It appears she is related to Thompson. Not as heavy though. Give it time. Ready the rubber chickens.
yes
“In a major ruling, the Supreme Court on Friday cut back sharply on the power of federal agencies to interpret the laws they administer and ruled that courts should rely on their own interpretation of ambiguous laws.”
exactly
"their own" be it agency staff or judges
the job belongs to congress if they would do their job --- clarify with amendments - take it BACK from both agency staff and courts. The last 20 years - seems to me - EVERYTHING goes to court and takes forever and we get good and bad results. I understand the locus of POWER has shifted but why those trained to be lawyers know medicine and environment and BTUs and such better than those so trained is not obvious to me. (I know they call in experts - who come with their bias so time for all of us to choose a subject and earn ton of money educating powerful judges?? )
I would argue the power to set laws and such is CONGRESS
but given they are too busy arguing - running to cameras - and impeaching it is left to Executive or to Court - the other two branches
seems those who want POTUS to be able to fire at will --- should want his/her agencies in the Executive to rule
but --- for reasons that IMO are not consistent ---- people here want Executive to hire and fire and rule -- but then let Courts beat up the agencies
Where it belongs? CONGRESS they are the law writers and should explain themselves with an amendment to the debated language and take it out of the hands of BOTH the agency and Court
I prefer - in most cases - the agency that is aligned with the POTUS and REPS we choose - v a SCOTUS that these days sits for 20-30 years SO SO SO far removed from voters
Patrice Ficklin, @CFPB's head of fair lending, to leave for @FannieMae https://t.co/G1x7TqlYuE
— National Mortgage News (@NatMortgageNews) July 2, 2024
Kelly v US, / Wazee v. FHFA $FNMA #FANNIEGATE https://t.co/6BOztauHm2 pic.twitter.com/JPuMfqTuQU
— Fanniegate Hero (@DoNotLose) July 2, 2024
I hear you but please admit it is just a trade - now unelected 9 people in robes will push us around
at least the agency folks are aligned with a POTUS and often come and go ---- with changes in WH occupant ----- the 9 lifetime appointments just sit there and tell us they know the best on EVERY subject
Just keep Holding for The Gold - comeback in on the way
New Home Construction set to drop prices in 60 days.
SWFL
Two hours ago from the Fed which coincides with our drop; markets (FnF investors too) want to see lower rates first.
We are under attack. Awaiting further orders from Captain TightCoil SIR.
Buying Herd forming in the distance, ready to pounce, forming
a Fannie/Freddie Buying Frenzy Stampede, and will be here
Wed afternoon,..So load up now before these big guns get here,
and maintain your Hold for the Gold posture...
If it's Lamberth we talk about geological time frames.
July 17 is the date when everything should be in on both sides. Who knows what time the Judge will take after that??
There is no date set, the GSEs are dealing with a clown judge that has been dragging his butt for the longest time, has spoken on many occasions with biased opinions in court, has extended every trial every possible way, has made tons of dubious choices, and has continued to be incompetent.
Please feel free to contact his superiors to find out when "hunting for wabbit" judge expects to start doing his real job or retiring.
The 8-0 jury win for shareholders doesn’t seem to influence any of his decisions.
Fnma
some of you post fnma daily stock price numbers with technical analysis. does technical analysis even work on fnma ? there aren't as many institutional investors that would drive up the volume to meaningfuly inch up or down technical indicators. thoughts? if you do, what do you use ?
again can one person tell me the date when the judge must reach his option on the courts decision
This is not at all what this means. I think you are getting some skewed info based on your news sources.
Legislative branch - creates/passes the laws (can no longer create vague laws and leave it to Agency puppets to interpret/change based on politics)
Executive branch - enforces the laws (The President is not suddenly immune from breaking laws. Presidentially appointed officials cannot create regulations that bypass laws or interpret them differently than what was intended by Congress)
Judicial branch - determines if the above actions follow the constitution and are interpreted accordingly
Pretty much gets us closer to what our forefathers intended.
I think it was that the GSEs, the entities themselves, would need to bring direct not derivative suit against FHFA, as opposed to the shareholders. But of course the GSE's board is under direct control of FHFA so that will never happen. I think that's separate issue from Chevron however.
I think you are being hyperbolic. Chevron ruling does not create an imperial POTUS. The unitary executive does not create a king. The official acts with immunity is not the Chevron ruling. What these rulings do is set the boundaries back to what the constitution declares. They actually strip power from the imperial king. The Chevron doctrine means that unelected bureaucrats under the president can no longer legislate through the administrative actions and rule making of the executive branch. It means Congress can no longer pass overly broad open ended statutes. It means that Congress will have to compromise and vote on new laws that would cover “major questions of society”. They need to do their homework and draft statutes that tell the Executive branch exactly what they are to administer. Over all this is a check on the power of the unitary executive if that is how you want to describe it. Imagine if the unitary executive could continue with the deference of the courts under the old Chevron decision. That is how we got into Fanniegate in the first place. It doesnt mean any of the fear mongering that you are spouting. We now have 3 co-equal branches of government again as it was originally conceived.
No. No one knows because the date isn’t written in stone yet. Appeals take place first. And no don’t ask when those are done.
some back of the envelope scribbles ... "selling volume" from 6/10 or 6/11 (the downward slide from last time we reached $1.60) was around 45 million shares with the biggest sell off on 6/21 ... once no obvious news supporting the "sell-off" was determined we rebounded the following monday then came the presidential debate and Chevron ... since then "buy-back" volume has been close to 25 million ... but things are drying up until someone (uh em, Trump) makes c'ship, housing, release, or the GSEs top line news
does anyone know the date of the ruling by the judge would be entered?
There is a library full of cases that argued "Post Fact" law and impact
None of it matters anymore
Good luck trying to forecast or predict what is right or wrong --- doable or not doable
it will wind up in court - and the court will tell us - without looking at the majority opinion of that library as Stare Decisis is out
What??? No! It reels in the unabated, unconstitutional power of unelected bureaucrats … and returns that power to the courts, where it belongs. “In a major ruling, the Supreme Court on Friday cut back sharply on the power of federal agencies to interpret the laws they administer and ruled that courts should rely on their own interpretion of ambiguous laws.”
Guido
FHFA was castrated by the death of CHEVRON --- it in essence does not exist OTHER than at the whim and power of POTUS (alone) and SCOTUS to tell us if POTUS was right
Everything is new
We will know if good for F and F -- maybe soon - maybe with JOE or maybe with DJT. We know if Congress wants change they are out of the picture ---- so here we are
Beware of what you want --- for us right now - FHFA is castrated
Death of Cheveron simply means that unelected busybody bureaucrats can’t push people around, just because they want to. Apparently, that was lost on you.
Court and POTUS ----- not agencies in the Executive !!!! - will now tell us what is right and wrong
Serious question
The Unitary Executive theory sort of started with RR and has since grown and grown as each POTUS took more power. As I read it and understand it - it is the Unitary Executive (power) theory that is what is under the SCOTUS decisions that nothing can stand between POTUS and "his" agencies and thus the consumer and housing agencies were "unconstitutionally built" . Does that make sense? (For the 40 years or whatever before the growth of the Unitary - All Powerful - POTUS theory - CONGRESS would set laws that very often had commissions or regulatory groups or boards that hired and fired and directed the desires and WORDS of CONGRESS and not POTUS. Over time- post RR - SCOTUS stripped congress of more and more and most recently more again power. As I see it with CHEVRON DEAD and MQD in - and with Unitary Imperial POTUS - now COURTS and the PRESIDENT in a TWO POWER structure rule.
Now we have a new Official Acts Immunity doctrine (after the CHEVRON doctrine is tossed). What do the two together mean for F and F and then ....
SO ----- very seriously - what Bush and Paulson did can not be challenged ---- they were official acts and are chiseled in granite as correct ---- that is the bad news Why bother suing?
SO ---- (and not sure how one writes to as Congress as it is gone) --- if there ever was doubt that Biden could with one action correct things - now he can and an official act is not wrong. A riff on Nixon - "If the President does it - it is right" . So why all this talk of rules and laws and Acts in your excellent post. What meaning does it have ANYMORE? And the courts can do stuff with or without POTUS --- screw 4714f or whatever -- CHEVRON is dead. So the path is open to freedom by courts or POTUS ----- with no reference to law - IMO
Followers
|
2308
|
Posters
|
|
Posts (Today)
|
69
|
Posts (Total)
|
797047
|
Created
|
07/14/08
|
Type
|
Free
|
Moderators not one red cent ~NORC~ stockprofitter Ace Trader Patswil jeddiemack FOFreddie |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |