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Let the GSEs Rock
it's time to Let the GSEs Rock!
GSEs: Now, Not Later
Mother of GSE Ballads: The Ballad of Fannie & Freddie:
four years ago, shareholders banded together to lift their poor investor voices as one:
GSE Hotel California
are you just being intentionally obtuse?
doubtful, i've read your posts
"Does it look as if anyone in the administration is in a hurry?"
Thank you FD, for your analysis and taking the time to write it out.
As to the key question above, it remains to be seen but we'll know Tuesday or thereabouts; my bet is "no" for now.
I think we will move into the 3-4's and preferreds will go to 55-60%, if they (likely imho) go SCOTUS, then a buying opportunity will likely present itself again at the end of this year.
Given the erratic natures of hurricane prognostication and international intrigue, your and the stock market's mileage may vary.
The Long GSE Wail
DeMarco's delisting of the GSEs from NYSE was clearly a violation of his duty to preserve and conserve.
Lots of worried conversations in Washington DC
Let me guess...the Treasury lawyers will say "fight (until they are ready to retire)..."
Mnuchin and Calabria will stammer and stall
Congress will not act
It's "Washington, DC"
GSE Investors Know
the door to GSE Hotel California is open!
Extreme Individualism is the American Way
“Democracy extends the sphere of individual freedom, socialism restricts it. Democracy attaches all possible value to each man; socialism makes each man a mere agent, a mere number. Democracy and socialism have nothing in common but one word: equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude.”
--Alexis de Tocqueville
“Even if it seems certain that you will lose, retaliate. Neither wisdom nor technique has a place in this. A real man does not think of victory or defeat. He plunges recklessly towards an irrational death. By doing this, you will awaken from your dreams.”
--Yamamoto Tsunetomo
I'm bringing a three camera crew to the Wynn to shoot a documentary about the populist uprising:
"#FANNIEGATE: Party At The Wynn"
We'll shoot the toast and all related shenanigans that can be publicly displayed
THE GSE-MOJI MOVIE
THE SILENCE OF THE MAINSTREAM MEDIA IS DEAFENING!!!!!
You can hear a pin drop
One silly little Bloomberg piece, nobody on Twitter, just
SILENCE
You got that right
You will read a lot of crap and it's already on this board but ignore it because you said it brudda.
There are other lawsuits still teeing up and everybody has got their drivers out and they are loaded for bear
Blind Sheep Investor is reporting on #FANNIEGATE:
You get music too, but the GSE BALLADS* are some serious re-por-tage,unlike the shoddy "journalism" you get from the likes of Carney, Light, Muolo and Gasparino: etc.:
The Ballad of Fannie & Freddie:
My mother is one of the other two plaintiffs in the Ackman case. She's held 50K Common since 1982 and was getting $100K per year in Common Dividends. How much should she settle for?
GSE’s are Bound to Roll
Let the GSEs Rock
it's time to Let the GSEs Rock!
Most of the films on Criterion Channel are subtitled, but for these gangster films, you know what's going on. You can easily see where Tarantino and some other modern directors were influenced by directors like Melville and (early) Godard.
Criterion Channel is a great deal, 100 bucks a year for unlimited streaming, works great with Roku. Many of the best films ever made are here.
I wasn't fooled by the CEO's Minor in French Literature...
from a good school though, Dartmouth
On another note, check out Jean-Pierre Melville's "Le Doulos", on Criterion Channel; a french gangster movie with even more people double crossed than GSE shareholders...
I agree; and the Plan is a Mea Culpa in my opinion, as someone who has been following this situation since well before it was a situation. At least as much of one as we're likely to get.
Tuesday
That's a good one, for sure
as is this one they did:
"Money, it's a crime
Share it fairly, but don't take a slice of my pie
Money, so they say
Is the root of all evil today
But if you ask for a rise, it's no surprise
That they're giving none away"
Oh, I've already been there, done that
GSE Bummertime Blues
Agreed; CC's just selling his daily FUD
IAG
Buy Common on any weakness from here, sez I
What happens before the Senate Committee? Up or down or flat (here)?
Today has not been bad
Down a bit but volume is not high
The main event is the Senate Hearing, we'll here it from their lips, then we may see more
Uncertainty, even in the form of change, often has affected this BOHICA situation stock negatively
Selloff into the close or a recovery?
And you'll listen to it
How about "Don't get mad, get even"
Biggest modern US government theft rolls on...
You want Motive? GSE YIELDS FOREVER:
mmmm....Al only operated in three counties in Illinois, strictly small time. I'd rather have Smedley Butler, he operated on three continents as a high class muscleman for US corporations...and he said so himself.
https://en.wikipedia.org/wiki/Smedley_Butler
Smedley Darlington Butler (July 30, 1881 – June 21, 1940) was a United States Marine Corps major general, the highest rank authorized at that time, and at the time of his death the most decorated Marine in U.S. history. During his 34-year career as a Marine, he participated in military actions in the Philippines, China, in Central America and the Caribbean during the Banana Wars, and France in World War I. Butler later became an outspoken critic of U.S. wars and their consequences. He also exposed an alleged plan to overthrow the U.S. government.
By the end of his career, Butler had received 16 medals, five for heroism. He is one of 19 men to receive the Medal of Honor twice, one of three to be awarded both the Marine Corps Brevet Medal (along with Wendell Neville and David Porter) and the Medal of Honor, and the only Marine to be awarded the Brevet Medal and two Medals of Honor, all for separate actions.
In 1933, he became involved in a controversy known as the Business Plot, when he told a congressional committee that a group of wealthy industrialists were planning a military coup to overthrow Franklin D. Roosevelt, with Butler selected to lead a march of veterans to become dictator, similar to Fascist regimes at that time. The individuals involved all denied the existence of a plot and the media ridiculed the allegations, but a final report by a special House of Representatives Committee confirmed some of Butler's testimony.
In 1935, Butler wrote a book titled War Is a Racket, where he described and criticized the workings of the United States in its foreign actions and wars, such as those in which he had been involved, including the American corporations and other imperialist motivations behind them. After retiring from service, he became a popular advocate, speaking at meetings organized by veterans, pacifists, and church groups in the 1930s.
Suuuure they are...
con men, just like all the others that have blown through these parts over the last eleven years.
Oh please, it's always been top down in his organizations, and he brags about knowing where every penny is. Gonna be interesting as they pry the covers off of his Chicago shell corporations, the ones he's been using to commit tax fraud.
I was never fooled by...Racket Man
Racket Man (I Think I'm Gonna Steal Up Every Dime)
GSE’s are Bound to Roll
Yes, agreed. The ceding of control may also cause a broader questioning of the standard narrative of the past eleven years. Sunlight is the best disinfectant.
My concern is the en banc taking so long. Is it because the judges are not only Federal employees (and about as haha 'Deep State' as you can get as arbiters), but also because they have to figure out a way to use language to explain why HERA and the actions taken under it were/are different (and therefore excused) than in the many FDIC cases that were adjudicated under the law that HERA was lifted from lock, stock and barrel?
Fanniegate Blues #5: E for Evidence
It means GSE YIELDS FOREVER
The Long GSE Wail
"light on detail"
Well, that about sums up the current Administration haha