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"En banc is run by the admin"
are you even an American? Treasonous thoughts those, but I've read your posts and so accept your confusion.
Obama admin were thieves too but Trump could have stopped it but didn't.
Anyone who blames Sweeney is a fool and doesn't understand the law.
That works for me, I don't mind him or anyone else getting the credit, ah wants mah money!
No, you are wrong, he's being forced to act by the en banc. That guy never met a revenue stream he didn't like and his entire history shows he's never been concerned about paying people back.
As far as other promises, there have been many with little to no action. He seems mostly interested in surrendering to our traditional enemies.
Only the law suits have now forced their hand
I've been tweeting Gasp-a-rino every day but he ignores the facts too
Oh you see right through me, what's left?
As flies to wanton boys are we to the gods;
They kill us for their sport.
Drinking kool aid in a Fact Free Zone
Merica
GSE’s are Bound to Roll
Mark wasn't talking that smack before the en banc lol
ch- ch- ch- changes....
I'm making tomato sauce today and I don't like doing it but it has to be done. It takes eleven hours to make about a gallon and a half. So I'm not tolerating fools gladly.
And you're also wrong about he should return the money. You're making excuses for the people who ripped us shareholders off.
Also, I'm not a party member in the USA either. A revolution is not a dinner party.
give me a break form the kool aid, no one is going down for this or anything else in your fantasy world.
But by all means go ahead and make your partisan excuses for the current grifter in charge, I can't stop you.
"Awful quiet" being both a relative term as well as a term of art in these matters lol...
I notice for the stable genius silence speaks volumes too: he didn't say "OH, SINCE THE NWS IS ILLEGAL, MY ADMINISTRATION IS RETURNING ALL MONIES TAKEN UNDER MY WATCH"
[crickets]
"I am convinced that privatization will occur in a fashion that makes current shareholders whole and future shareholders able to make money," Bove concluded. "
He also said that in the current situation, he would still be a buyer of Fannie Mae and Freddie Mac.
[Yawn]
"I am convinced that privatization will occur in a fashion that makes current shareholders whole and future shareholders able to make money," Bove concluded. "
Nothing to see here
Big Jam has always been my inspiration
He never did any others but this was the first and still the best of all #FANNIEGATE Memes. A genius at work there for sure.
The Ballad of Fannie & Freddie:
Sure, whatever, as Bradford would say
My point is that both Admins have happily allowed Treasury/FHFA to delay at every opportunity so they can collect the NWS, which obviously has been a violation of the Conservator's Powers since its implementation.
There is no 4D Admin Chess here, just blatant theft for as long as they could even as the plaintiffs have been grinding down the defendants lo these many years from the gates of Moscow to where we stand now at the gates of Berlin.
Huh? The Treasury/FHFA lawyers, under the Trump Admin, as with previous Obama admin has fought tooth and nail to keep from revealing the 11K docs for years. They are now backed into a corner and have to act. It's fantasy to think they were waiting for "cover" when they've been looting the companies quite happily for years.
Time to Deal
You got it, consequences roll downhill even in Federal Courts
somehow this is lost on the denizens of these silly message boards
but they should be figuring out eventually with some clues
What does it mean in the real world?
"Send lawyers, guns and money..."
In both cases, the plaintiffs are notifying the judges that the En Banc affects their cases. On 11/19, Sweeney has a hearing on Summary Judgment; with the En Banc ruling, do you think there is any chance she rules in favor of defendants? So a trial on the merits at minimum, with discovery and the 11K trove.
But maybe as a matter of law, a judgment without trial.
Instant Karma
Yes, I know a little bit about that section
but that's not what I'm talking about
Read the recent filings
in Bhatti and Rafter
What do they say?
Now ask yourself what's happening on November 19th?
you'll have to take that up with Shakespeare, I'm just a chimpanzee with a typewriter in this big room filled with other chimps with typewriters.
That's Criterion
I think Hamlet is telling Horatio there that just because he doesn't believe in or hasn't experienced something doesn't mean it doesn't exist.
2,100+ % on my original position of 22,000+ jr prefs. Trading around this core position, I have since bought and sold many times both prefs and common, usually (but not always lol) making money, but I've made more than I've lost so IAG. This has been a life changing stock for me, allowing me to retire and to do whatever I wanna do. GLTA Longs!
There are more things in heaven and earth, Horatio, Than are dreamt of in your philosophy.
Hi Lumpina, I see you are a fan of world cinema, Kurosawa is a favorite of mine too, Ikiru, Seven Samurai, Stray Dog, High and Low, Throne Of Blood, The Hidden Fortress, Yojimbo, and more all totally rock!
FYI in case you are not aware of it (I wasn't until this year): check out the Criterion Channel (google it). For a flat $100 a year you get streaming video of 1,700+ of the world's greatest films. I use ROKU to access it and it works perfectly. I'm amazed at the content (and price). It's going to take me years to get through even some it. Right now I'm watching Yasujiro Ozu films, starting in 1929 and going forward, they have 33 of them.
Go to the website and check it out!
THE GSE-MOJI MOVIE
Produced by Steven Mnuchin
Awesome New Word: "Dilrosion"
No suggestions as it's perfect, but I suggest you alert the haha "journalists" so as to derive maximum mocking effect
Whistle this melody next time you're in Treasury:
haha
Steve the Nooch (Die Moritat von Steven Mnuchin)
How To Make A Diamond
Apply extreme heat and pressure and wait
https://en.wikipedia.org/wiki/Diamond
Diamond is a solid form of the element carbon with its atoms arranged in a crystal structure called diamond cubic. At room temperature and pressure, another solid form of carbon known as graphite is the chemically stable form, but diamond almost never converts to it. Diamond has the highest hardness and thermal conductivity of any natural material, properties that are utilized in major industrial applications such as cutting and polishing tools. They are also the reason that diamond anvil cells can subject materials to pressures found deep in the Earth.
Because the arrangement of atoms in diamond is extremely rigid, few types of impurity can contaminate it (two exceptions being boron and nitrogen). Small numbers of defects or impurities (about one per million of lattice atoms) color diamond blue (boron), yellow (nitrogen), brown (defects), green (radiation exposure), purple, pink, orange or red. Diamond also has relatively high optical dispersion (ability to disperse light of different colors).
Most natural diamonds have ages between 1 billion and 3.5 billion years. Most were formed at depths between 150 and 250 kilometres (93 and 155 mi) in the Earth's mantle, although a few have come from as deep as 800 kilometres (500 mi). Under high pressure and temperature, carbon-containing fluids dissolved minerals and replaced them with diamonds. Much more recently (tens to hundreds of million years ago), they were carried to the surface in volcanic eruptions and deposited in igneous rocks known as kimberlites and lamproites.
Judge Willett on Separation of Powers
Please note the opening paragraphs from the En Banc decision specifically focus on our Constitutional History, as he highlights the importance of an Independent Judiciary.
This paragraph is by design, and not for you and me to enjoy. He wrote it as a clarion call reminder to Federal Judges, whom, I assure you, each read most if not all read every En Banc Decision.
"" But this iron truth endures: Even the most well-intentioned bureaucrats, no less than presidents,
legislators, and judges, are bound by constitutional principles. An agency is restrained by the four
corners of its enabling statute, and "literally has no power to act...unless and until Congress confers
power upon it." And Congress, when creating agencies, is itself constrained--and at all times--by
separation of powers. "" [Citation omitted]
Excellent Post
You Got It
Time to Deal
:) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :)
I Heart En Banc :)
I remember back in the early days there were folks who said there would never be a viable shareholder lawsuit, they are all gone now, their Screen Names vanishing into History
There are around 18 active suits and we are going to win more, the lawyers have been sharpening their saws on this one for a long time
Time to Deal
More Important Stuff--
This is from Seysmont, someone that you should pay attention to, from over on the googboard:
"" seysmont
7:35 AM (53 minutes ago)
I think consent agreement is the temporary agreement to layout exit plan. They hit a certain capital, and they can be out, much lower than what sound and solvent implies. But then they will have to build capital to whatever level. MC doesn't understand the timeline here. This is a typical government privatization. Those are generally fast. Just dump their stake and get out. Investors don't want to buy the GSE's equity under uncertain conservatorship with uncertain threats. It's pretty clear that the show for the Congress has ended. MC already raised multifamily limit. Nobody wants to put their money ahead of the UST if there is nothing in it for them. Nobody wants to deal with the government grandstanding unless they get paid for it.
Right On, Brother
No one sticks around with the Twins for long unless they are making Money, and that has not been hard to do when the preferreds are up 35 x from their lows and the Common has risen from twenty cents.
See you at the Party
Don't be stupid, Carlos
Ask where's the Money?
Objects in the mirror may be closer than they appear
YMMV
Yes, Huge. And Needed to help solve US Housing Crisis
More multi-family homes needed in many places, particularly Cali, where fully employed people cannot afford rent in places like San Jose, etc.
Very Important--
This is from the Yahoo Board, good Reminder:
"" Hank14 hours ago
Hey Kids... Let me explain something. Fannie and Freddie are one of those situations where you -- the little guy -- has the advantage over investing with the big bloated guys (Indexes or Mutual Funds or 401ks). Why?
Almost all of those vehicles own either none (Indexes) or can't own them (the vast majority of all mutual funds because of their charters) and certainly all large institutional money because of the lack of flexibility with objectives.
So understand this: Fannie and Freddie will be major buys for 10s of billions when they are A) no longer OTC B) are set-free and C) capitalized (which some major institutions will be able to partake in an IPO/Secondary of already tradeable Fannie and Freddie securities.
In other words, as Fannie and Freddie move through and out of the snake guts back into the real world: Every major institution is going to be foaming at the mouth to get these stocks anywhere under 10 per share!
It's going to be super fun.. you just have to ride them through this process. Connect all the dots: These things are going to FLY and when they do you won't be able to catch them. ""
Let the GSEs Rock
it's time to Let the GSEs Rock!
Fanniegate Blues #5: E for Evidence
GSE YIELDS FOREVER