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Bye bye dodd frank..
Trump
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during his campaign rallies, he was promising to return the regulatory state to the status quo from before the financial crisis. His transition team has pledged to "dismantle Dodd-Frank," the 2010 financial reform law signed by President Barack Obama. And Republicans in Congress have for years said that they'll rein in Obama regulators who were just too tough on the poor, overburdened banks.
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Attention!
This article is old !!
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Yesterday, Mnuchin released his financial statements, revealing $1M to $2M worth of investments made to the Paulson fund. He said in a separate financial disclosure that he plans to divest himself from nearly all of his holdings (including those in the hedge fund) should his nomination be confirmed. "
https://www.forbes.com/sites/bisnow/2017/01/13/steve-mnuchin-trumps-treasury-pick-investment-could-benefit-from-fannie-and-freddie-restoration/#27ed9f4710fc
I bought at $1.73 . I should have waited a little longer .
Exactly you are right. .
This time, trump administration will use
1. Tax reform
2. Free FnF
To bailout Too Small To Fail (TSTF) like us .
Yes
Tax reform is a way of bailing out all hard working people by lowering tax so they can spend money to improve economy.
When you bailed out those TBTF , the economy would stabilize but economy would not improve.
Common sense! !!
1).
Ending c-ship to relist back to NYSE without winning court cases
PPS will be between $65 to $85.
2).
Winning court cases and ending C-ship
PPS will be greater than $165.
Tax reform generates hundreds of billions in revenue from companies .
Trump administration needed tax reform and FnF to MAGA.
At leat 250$ would be great!
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So what happens to Fannie Mae’s stock if Trump does move to end the conservatorship?
According to Harrison, Fannie Mae’s stock will explode, moving from its current trading price in the $4 range to more than $250 per share.
There’s much more on the mechanics of all of that in Harrison’s piece. Click here or below to read the whole thing."
https://www.housingwire.com/articles/38977-heres-one-fannie-mae-bulls-take-on-how-the-gses-can-exit-conservatorship
Here is Joseph lawler. Take a good look at him.
http://www.washingtonexaminer.com/author/joseph-lawler
I am only trying to build a positive momentum and to point out that we got trump administration on our side. One way or another trump administration will set it free.
We got nothing to lose.
Moelis plan is part of paulson's agenda .
Trump's agenda is to make country going forward in full force ........
Think this way !!..
Senerio # 1
Trump adm. Want to fix and Release = 1
Court cases if win = 1
Court case if lose = 0
FnF = 1 + 1 = 2
Or
FnF = 1 + 0 = 1
FnF will never be zero.
My prediction! !
Senerio # 1
All court cases = lost (no win)
With 3 R from administration, pps will be around 65$ to 85$ .
Senerio # 2
Court cases = win
PPS > 165$
Trump administration starts from scratch on Fannie, Freddie reform.
https://www.housingwire.com/articles/39650-trump-administration-starts-from-scratch-on-fannie-freddie-reform
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The complexity of reform was broken down into easy-to-digest flow charts and graphs to give options on how “easy” some options for GSE reform could be, and yet the industry is still sitting here nearly a decade later with little change/agreement in what was supposed to be a short-term plan.
"
https://www.housingwire.com/blogs/1-rewired/post/39521-where-does-housing-finance-reform-stand-right-now
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The two hardest tests on the spiritual road are the patience to wait for the right moment and the courage not to be disappointed with what we encounter."
5 or 1.87 or whatever, it doesn’t matter. .
What really matters right now is they must relist fnf back to nyse.
I believe it will happen very soon. .
I will add 4500 more shares to fnma today.
As you see although FnF are in otc , they are still coupled and connected to the rest of the market as I talked about this on the other day.
Entire market was down due to the inflation that causes the price of goods to go up.. investors are afraid that federal Reserve will likely to raise the interest rate very soon.
I'm ready to buy some more.
Executive Order 6102 during great depression.
Executive Order 6102 is a United States presidential executive order signed on April 5, 1933, by President Franklin D. Roosevelt "forbidding the Hoarding of gold coin, gold bullion, and gold certificates within the continental United States".
https://en.m.wikipedia.org/wiki/Executive_Order_6102
What is happening with fnf right now is a repeating history during great depression when government confiscated all gold.
Although fnf are on otc they are still coupled to the rest of market and to the other stocks that are in the same index as fnf..
Example.
Bac , wfc and chase they are in the same stock index.
Let's pretending that bac is now on otc.
Although bac is now on otc but bac is still in the same stock index with the rest of the banks which means if wfc declared a good surprised earnings then wfc will help pushing bac up also because they are in the stock index.
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Trump administration announced it would recapitalize all losses made on the two lenders before sending them back to the private market."
I believe it will happen before July.
Looking at 5 years ,10 years and 30 years us treasury bond are all time high. It seems like an opposite of 2008.
Mine is not as much as yours, but I am accumulating more shares just like you.
China has been steadily accumulating US treasury securities for decades.
https://www.investopedia.com/articles/investing/040115/reasons-why-china-buys-us-treasury-bonds.asp?ad=dirN&qo=investopediaSiteSearch&qsrc=0&o=40186
Quote #1
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during his campaign rallies, he was promising to return the regulatory state to the status quo from before the financial crisis. His transition team has pledged to "dismantle Dodd-Frank," the 2010 financial reform law signed by President Barack Obama. And Republicans in Congress have for years said that they'll rein in Obama regulators who were just too tough on the poor, overburdened banks."
Quote # 2
"Trump administration announced it would recapitalize all losses made on the two lenders before sending them back to the private market."
Quote # 1 is done..
Quote #2 is not done yet.
It's good to know that corkroach acknowledge what is fair for shareholders, but for me , I really don't buy and trust his words totaly .