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.
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'll just wait for you to explain why not one D voted for the SAVE Act. If "undocumented" don't somehow vote, then voting yay on this bill is a moot point. Do they know something we don't?
"It's the MM's manipulating the price!!" LOFL
Green everywhere...except one place. Whoda thunk it.
August 2012 when the announcement of the 100% Net worth Sweep implemented by SecTres Geithner under the direction of Barack Obama. That is nationalization.
Stress tests? They got caught cooking the books to show the twins on the brink of insolvency.
Early lawsuit settlement. Gag order to follow.
Especially considering they did it upon the premise of "insolvency", of which nothing was further from the truth.
Thanks for the advice, but I enjoy the rational discourse that which some members engage. Also, frankly, the history of this saga interests me greatly and there are few other venues to discuss it with people who understand the nature of what has been done over the years. Forgive me the indulgence, but even though I am not as vested as some others any longer, I am vested emotionally because it's so difficult to believe this could happen here in this Country.
I sold core holdings several years ago, still have some common that I bought with profits over the years on the off chance that someone develops a conscience. I'm not holding my breath.
My original opinion still stands for me though. Out of conservatorship? Not in this lifetime.
15 years if everything goes PERFECTLY.
DJT nor the GOP want a piggy bank derived from gains in this fashion. Don't think that's a concern they have.
Once again, that doesn't add up either. My reply was in reference to the "nominee" and not about the person they cast aside. By the way, how did you manage to factor DJT in here? His plans for housing and real estate do NOT include nor require handouts and giveaways. Any insight appreciated.
Also, that does not in any way answer my question to the replay from donotunderstand that asked "she's a capitalist then?" Please advise on that first as well.
How on Earth you came up with that based on what I said I'll never know. But I digress...
Please stop. Sadly I cannot contradict any of this hype as it will get bounced.
Kudlow is all talk, was on this crusade for about a cup of coffee then never mentioned it again. Also, don't understand what this means:
"Under Trump, previous efforts were made to privatize Fannie and Freddie, but they proved unsuccessful."
Harris will never release them knowing the access to their retained earnings and profits remains in perpetuity.
It's just that simple.
More nonsense.
I work in real estate. All of your examples are canned and the same cue cards used by everyone like you. Bought my first home 33 years ago, have owned many since. Your references are typical.
I have no idea what you're talking about here. But I can tell you hosing unaffordability has only gotten this dire in the past 3.5 years. In 2020 the avergae income needed to buy a home was $59K, now it's app'x $110K.
2023 first time in 50 years mortgage rates went up 100% in a single calendar year.
Wow. 13% but what did your house cost? lame argument.
They've managed to keep high rates AND keep prices rising because of inflation. Bravo.
a "different distribution of wealth"? Wow. Just wow. here's my plan:
Work harder
Spend Less
Don't live beyond your means
vote accordingly
PS: If "work-life balance" is tops on your list for jobs or careers, go back to the drawing board.
The keys to long term control are actually quite simple. Current policy and legislation fly in the face of what's needed to sustain a healthy economy.
Sometimes you seem rational, but at the end of the day you're just running interference.
Agreed on a cut. Food for thought though, since our lawmakers love to examine the "root cause" (the latest buzz phrase), I suggest addressing the policies responsible for the record breaking rate hikes that began in 2023. A modest cut for optics is just that, too little too late.
The upcoming cut that I suspect will be small, but it's mainly for optics. The housing market (except for increased inventory) is in largely the same place it was a year ago, as is the overall economy. The Fed will do this out of a notion of self-preservation by giving a pedestal for further cries of how well our economy is doing that was able to warrant this cut.
Leadership.
Or lack thereof.
"best I understand one should not conflate prices and RELATIVE to prior year prices with inflation"
Tell that to those who can't afford everyday goods.
"No ma'am/sir, you don't understand...even though it's gone up each the past three years over years, it didn't go up AS MUCH this year over last, so inflation is tamed!" Just ridiculous word salad to insinuate you can't compare the two.
PS 2% is "acceptable"...nothing more.
Ha!
For all of you It's Always Sunny In Philly fans out there..."I'm cultivating mass!"
In 2021 I weighed 200 lbs
In 2022 my weight was up by 8% and I weighed 216 lbs
In 2023 my weight was up by 5% and I weighed 226.8 lbs
In 2024 my weight was up by 3% and I weighed 233.6 lbs
Inflation is not coming down, it's not rising as fast, but because it's an aggregate, it gets worse.
Also, the decrease is needed for optics.
25 basis coming your way. It's needed to continue the charade that inflation is coming down.
There are a lot more assumptions than the price you referenced in your scenario. That said, those would be as close to free trading shares as you can get, so even for day trading value they'll have value. Do I think those 10-15,000 shares will turn into a million bucks? $500,000? Hard to say, but if you rely only on history the answer is no. If you take a nice little profit on them, which I hope you do, then then it will have been worth the wait. IMHO, I just don't see any type of lump sum payment coming, let alone as soon as 2025. Again, only my opinion. I hope you get double that amount of shares!
Agree except for # 3. I don't think it's "massive" as it will take another decade or so until anything comes of it by way of precedence. The defendants strategy is to keep these suits in court for as long as possible, and the plaintiff's attorneys are more than happy to oblige. A verdict of this "magnitude" and you've not heard about it in one financial publication, financial media outlet, etc. Still the best kept secret in real estate, law. and government
Doesn't matter who gets what, if they get anything at all. At $612MM (oh....maybe plus interest) you still wouldn't be able to buy a cup of coffee with the proceeds per share.
Even if it shakes out that way, $1 per share over 16 years of litigation remains, IMHO, meaningless.
The assumption is that these damages (forget the interest) will actually be paid in full. If they're paid, at all, they'll be paid over the span of years, if not decades. But I'm going with option 1...nada.
At the agreed upon $612MM dollars it's meaningless to PPS in any event.
The fact that Buffet has religiously stayed away from the twins tells you all you need to know. He knows that the fate of these two companies lies in the hands of the defendant, not a good position for "value investing".
You truly think he's going to care one iota? Moreover, you think he's going to daylight the folks responsible for this? Doubtful on both.
Hi hands were tied even tighter by the fact that he had to go to every level of the court system for over 2 years to be able to fire and replace the gatekeeper (Mel Watt) put in place by GoBama with language that made his removal/replacement co-authored by Liz Warren.
Let's focus on $2.00 first, then we can summon the wisdom to determine on what planet this is worth $8 bucks.