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Fact: Calabria was insulated, until he wasn't. Things change.
Just because something stands today, doesn't make it okay.
Things can be challenged and set right. Isn't that the point for law enforcement? To enforce the law? Isn't that the point of judicial? To uphold?
I don't know, but it would be pretty sweet.
I do believe there are people that aren't too sharp serving on juries, but we'll find some good ones. Sharp enough to understand. It is pretty straightforward with expert witnesses and those memos and emails. I don't believe the government wants a dumb jury either, just a bias one.
Thanks
JMO
Yes there is a way.
I did make the interpretation of a warrant exercise is what was being spoken of when calabria, mnunchin, trump made comments.
I don't support a conversion or warrants exercise. I see people say ownership of common, I make the connection to a potential 79.9% ownership of common through warrants.
No mystery. True, if somehow they did an sp conversion to common then, yes, it would also become common ownership.
BUT.....
A more reasonable interpretation when making comments that NWS was a "scam" , "travesty", "socialism", and "theft" , I would come to the conclusion trump referred to warrants and not more theft by converting an inflated LP number. And if Treasury and his man calabria were in line with him they thought so too. My interpretation and it makes perfect sense.
So, unless you have audio or video of them saying specifically WHAT was meant by their words, warrants or sp conversion or both, then this is open for interpretation.
And this is mine. So here is where I leave it.
Thanks for your time.
Preponderance- >50% (greater than 50% chance the govt effed us?!) Bring it!
Exactly what I've been saying. Scotus "blessed" nothing.
Maybe a lie. When truth is revealed, then we'll see.
They CAN'T do ANYTHING they want.
Let's go.
Just read it. BRING IT ON! L F G!
Thanks for posting gb link.
Forced in c-ship. Then forced to take a "loan" ( which they now call an investment, but anyway). Then forced to pay "loan"(investment) back with 10%(predatory) interest.
In doing so covering up for government and tbtf banks foul up.
And trying to steal companies and profits. Thinking Fannie and Freddie were done for because no company could survive such circumstances.
BUT THEN.....UH OH!
FNMA and FMCC were, against all odds, about to turn it all around. To do the unthinkable.
PAY THESE CONS BACK THE MONEY.
Once government caught wind of the pending doom of their grand conspiracy, they changed the terms.
No more 10% until paid back.
Now 100% until infinity.
No more "loan".
Now an "investment".
No more safe and sound.
Now for our own selfish reasons.
Question. Is that pretty much the gist?
Feel free to add, adjust, clarify, or comment.
Shouldn't that be pretty simple for the average Joe to understand? I know people are slipping, but come on, that's pretty straightforward. Right? I mean, right?
Anyhow thanks in advance for any responses.
Yeah, I was referring to seniors. My belief anyway.
Thanks for responding.
Let me be clear. I'm mad at everyone equally. Still holding.
It's an honor to be amongst some of the most stubborn bagholders who have lived. Not until it's over.
LFG
Oh yeah, cat face was a major let down. Munch also.
I'm just saying even with munch and cat acting like they wanted to help it wasn't a one or two week endeavor.
But still very disappointed in how things have turned out.
You're right. Looking for things to change. That's why I'm here. I'm stubborn, I guess.
No. Still would be undercapitalized. Plus we have to at least assume that they wanted to use warrants for another cash grab. Covid + riots + impeachment + election? In only 2 years? And court cases and new potential for lawsuits from warrants or Kelly case trying to be reimbursed on his losses.
There was a lot going on, to say the least.
Just a thought.
I don't know if you know those aren't my words.
That quote is from the collins' filing and not my words.
I am pro shareholder. 100% common.
If you agree then we share exact same interests.
LFG
You're not wrong. I'm saying what I interpreted from their filing and mnunchin and calabria's words.
I'm looking for courts to share my interpretation and NOT the govt or yours. No offense to you.
JMO
Agreed.
He mentioned recouping at the time. Things have changed.
And agreed, IF they use warrants they owe money back. So that $26billion needs to be factored in.
I gotcha.
Seniors are not ownership of the company and until warrants (if ever) are exercised they are also not ownership.
I was referring to ownership of the company and not debt holder or potential owners.
The impact of sp or warrants is up in the air for now.
What I do know is both are killing the share price, preventing release, cap raise if needed, up listing to major exchange, and divi payments to juniors and common.
So here we sit squabbling.
I figure as much.
JMO
From the filing:
In reference to munch comments back in 2016 of govt ownership and calabria comment "recouping taxpayer investment".
Reads right below that at the bottom of same paragraph:
"As these statements reflect, Treasury intended to exercise its common stock warrants-- which would result in Treasury owning 79.9% of the Companies' common stock-- and then sell that common stock to private investors."
That is from the filing. Not my words.
So if warrants give govt ownership.
Then mnunchin referred to warrants.
And if selling warrants ( ownership) to recoup investment.
Then calabria was referring to profiting off warrant exercise and sale of common.
Again, their words and my interpretation.
You get common ownership from warrants.
Mnunchin referring to govt ownership.
You recoup taxpayer investment from selling common stock that you gained from warrant exercise.
I'm not hallucinating and it is reasonable to interpret exactly that.
JMO
Hey, thanks again for responding.
I referred to calabria saying warrants were to "recoup taxpayer investment". If they are for recouping investment and investment is already recouped then no need.
That was my point. I guess it can be read how you want to read it.
My way or your way.
My way isn't a fact, but neither is yours.
It's just how I interpret it and look forward to a court sharing that same interpretation.
JMO
No in my post it is under the presumption sp/lp is not converted but written down.
So the worst case scenario then becomes warrants.
Also if it is chosen to ignore my words written then worst case scenario for common is a giant asteroid hitting the earth. Think Armageddon or Deep Impact.
Then cancelation of warrants would be superfluous.
But I do appreciate you taking the time to respond.
This is JMO
It's in the collins filing posted on 15th of Aug.
I thought I put a link in the post.
Govt owns nothing. Tired of hearing/ reading it.
They are in control. FOR NOW.
Oct. 17. Countdown to the showdown of clowntown (defendants).
Let's see what they've been hiding, shall we?
Bagholding is the name of the game. And I turned pro many moons ago.
LFG
JMO
No need. All these courts, cases, plaintiffs, filings, etc. I'm often playing catch up to what's what.
Yes, looking for a quick and favorable Rop ruling.
Munch and calabria recognized the warrants as a symbol of ownership and not lp. Calabria says warrant exercise and sale for profit is "recouping of tax payer investment". Which is exactly what I thought. To recoup money and not as a gift for the "loan". And since they already received and recouped their "investment" there is no need for warrants.
Also Trump referred to warrants as treasury stake not lp.
The fact plaintiffs keep speaking of lp conversion as a remedy is disgusting.
It's in collins' response to govt that was just posted. Part of filing is below.
It's in the link.
https://mobile.twitter.com/JarndyceJ/status/1559913043907284994/photo/1
I was responding about Rop case and not Lamberth.
Rop wasn't jury.
Lamb will be and I hope you are right with swiftness of Lamb's jury decision.
Not if it's an overreach.
As long it isn't exceeding powers then it's OK according to scotus
BUT....
They went based off a false narrative. If you believe "death spiral" then why would you think NWS would be unreasonable or an overreach? IF we were in "death spiral" then NWS would be a somewhat plausible last ditch effort to avoid catastrophe.
It wouldn't be that much of a stretch to convince a judge or public opinion of exactly that.
I think that judges (Lamb, scotus, etc) knowing truth and seeing unsealed documents we would have and will get a much different outcome. Otherwise why would 10,000 docs be of any value to us? Why would these unsealed memos matter?
They would, my belief, think it's unreasonable and an overreach of powers. Based on truth of course. We'll see.
But...
Just My Opinion
Wondering the same.
Also, as for ruling, I saw someone post as late as 6 months.
So that would make early/ mid December '22.
Hopefully not that long.
Soon to be even nicer.
Once ruled paid. Commons $14pps for gov to get $100B for BS warrant exercise.
I don't believe warrants will or should happen, but I factor in worst case scenarios.
Figured I'd share a thought because it's been quiet past few days. It's been said before, but so has many other opinions for well over a decade. I am a "bagholder". What else would you expect?
JMO.
Maybe this will be part of the evidence:
https://www.kapwing.com/videos/6260d84a155d6f00fbeb8ec5
August 19th? Still a go? Concerning Lamberth filings.
It's a great line. A great description of how your told things work and should work, but don't really work that way in the end.
Checks and balances. Great idea. If used.
"Checks and Balances are for 5th grade history books"
Just perfect. If we only knew then what we know now.
Even though it's (Lamberth) only live, can/will someone record audio and save to then share on internet?
Also is August 19th still a go? Will we see anything substantial?
And thoughts or a guess on what.
Thanks
So the August 19th date is still scheduled?
So what exactly is the August 17th that was mentioned to be delayed? Until the 24th, I believe was the request.
Two separate items?
This is what I had asked about the other day.
Any info thanks from any who care to respond.
I have similar on desktop. Where inbox indicates a message, but there isn't one.
It seems when that happened to me it was a reply that got deleted before I read it. So there was a message, but got removed and the inbox saying I had mail stayed indicating a message.
At least for me.
Not much to suggest otherwise. Unless I am just unaware of some person in DC thinking differently. It's possible.
If anyone can share a current politician who actually believes and especially speaks the truth of what happened in 08/HERA and currently, would appreciate it.
Remember, a CURRENT DC member without spin. Just honest truth. We know Calabria said one thing then said another.
I guess easier for them to stick their neck out when nothing is on the line, but when something is at stake. We'll, different story.
Thanks for reply.
They are STILL in conservatorship because gov believes they own them.
They WENT into c-ship because they wanted to hide government/ tbtf banks' mess and steal from them.
Horrible. And no one is held accountable. Yet. Hopefully soon.
JMO
I actually heard the 19th from this board. So if the 19th I heard was actually the 17th then when I asked would they delay the 19th, which actually was the 17th, then the answer was yes.
I hope that made sense. And if I'm now correct in understanding that the 19th was the 17th and it's now delayed, well damn it.
Thanks Guido
I got that, but what's the Aug. 19th for?
Something separate?
If so, is it still on schedule for the 19th?
Thanks.