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Young people are not buying (30 under) , older people that want too not own are not buying , people without income are not buying , then you have the rest a portion that want to buy upscale or downscale can not unload their current homes . Builders are not building . Most financing has been refinancing which is a cycle thing . We are coming to an end of refinancing unless rules are soften for some. Point is we are at a stand still until congress gets head out of their ass. Yes , their are pockets doing well , but not enough .
One inovation that could get this country moving and creat a lot of good paying jobs is the new hydrogen environment which transportation , homes , energy , grid , erc. all power related activity is going that direction . Greatest opportnuties since computer / interenet revolution / auto / oil discovery . This is happening already . This ihftastructure needs to be built . China already behind the new environment. Europe advancing and India coming . Already making the switch..... Walmart , Home Depot , Amazon , USPS , FEDX, UPS . This is a big big story . The faster Ameruca gets pushing the new hydrogen world the recovery will come quicker , new jobs , good paying jobs , home demand increases , FnF grow expodentially .
The military is not a democracy where vote on mission acceptance..... they respond to the USA President cause he is the commander in chief . Period . Time for Law and order . So which is crazier my suggestion or letting criminals continue ?
Wrong. Use the military to clean it all out....NOW
I would say to muchie. ...you have a military at your disposal. Escort these sobs to the local prison or guatamalai . That includes everyone associated to this bs . If veterans want to jump in , the more the merrier. Trump has that power. Cleaning the swamp means using the military. I suggest we twitter and demand trump to use the military now.
REKO the narrative changed. Paulson was telling all cship was temporary and to protect the financial system . In fact he told all that the cship could end in spring 2009 . Later, Paulson stated could be Spring 2010 , told all recovery was not as quick as hope . Barney Frank told Maria Bartromia in 2010 that "it was a good investment for those buying at that time. Those that bought at higher price , not so much , depend on entry . " He said this on tv in interview at that time . 2011 , narative changed . There was the announcement by demarco to delist FnF off ny exchange "to reduce the volitility and stabilize market " . Then bash begin . They all started singing a different tune . If one can get clips or newspaper on Barney or Paulson .
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Attention Alert new case filed against HERA . FINALLY .
FROM Glen Bradford 12 hours ago.
Three GSE shareholders filed a fresh lawsuit in the U.S. District Court for the Western District of Michigan yesterday, and a copy of their complain is attached to this e-mail message. The Rop Plaintiffs are represented by Matthew T. Nelson at Warner Norcross & Judd LLP in Grand Rapids. The Rop Plaintiffs want the Court to vacate the third amendment, declare that FHFA’s structure is unconstitutional, strike HERA’s provisions that FHFA says insulate it from GSE shareholder litigation, 17-cv-00497-0001
" Even more reason to be puzzled by the abysmal Q1 and not very good Q2 forecast - did all existing customers apart from Walmart and Amazon stop buying because ITC stopped? "
Q2 results, I thought q2 was suppose to be good, what did am say to indicate a below expectations q2 ? Any numbers and/or excuses ? Something seriously wrong when singing the sad song ever quarter and every year Sharholders make am and board give some serious clear answers at the annual meeting June 29 . We need a specific accounting after last years 56 million loss.
" So - as one who is in say the top 3% of income and assets - I have no problem paying more taxes if that is invested well - as in education and infrastructure. Paying for more and more military does nothing to increase the GDP or the health of the nation "
How many military ( active and retired ) ?
Since you never served in military , your generalization comes up short . Military are required to were casual and formal wear and 3 pairs of military shoes : formal, casual and physical workout training ( t shirts, shorts, sweat shirts ) . Military eat 3 meals a day, on base medical . Many services provided by civilians ..... Military spouses that work on base provide barbershop , laundry , PX , Bars and restraunts , theaters . Civil economy greatly empacted by the bases military personal spending wages .on purchases of civil clothing , auto purchase , auto services , gas stations , groceries , rental or purchase of residents off base . Population varies with war or peace . Then you have all the military hardware that is contracted and produced by the private sector . Which provides jobs for the private sector . The military is economic factor... It is not a simple decision of military vs welfare . Niether produce a profit but for the products and services they use , those producers make profit off those products and services provided and the money continues to cycle. The difference between Military and Welfare is Military have to put in a day's work or more..... Welfare , one just does not have to work to produce a paycheck .
I would be for recap. Fully recap , no dilution and gov cancel warrants exit conservatory . I don't believe gov gave FnF a penny , strictly paper enter and foul adjustments. They have lied about everything , stands to reason why they do not want to give up documents. Those 11,000 documents have to be obtain . If we do not expose and stop this rape , you and I know these a$$ wipes will use the presidents to future thief .
Up in Milwaukee ( Greenfield ) , daughter gave us a grand daughter last
Week Friday . So she is a week old today. Here for another 10 days.
Reko , a question.... I am confused, what Delaware case was dismissed this week ? Was that judge steel or pag's motion on motion to access the documents of FHFA / FNMA ?
As usual, another low level opinion.
You're demanding info that is privilege , while it has been customary for president to show tax returns, it is not required by law , as I understand.
Being the only Billionaire President, you know this is a political ploy by the democrats.. Recall they charged him lying about being a billionaire, last week the richest in America Bezo , Gates, Buffett , Soros , Berkowitz , Ackman, Icahn and there he is , Trump $3 plus billion. Another attempt by Damingcrats trying to undermine Trump.
And, the president has unquestionable duty to speak to Putin and other world leaders, especially on subject concerning common interest like Isis.
No evidence of wrong doing . Want to see his file , apply for CPA job when opens.
Regard previous post, stated the case about what you see from democrats is plot and no foundation for claims and charges just like Republicans.... and media not to pursue legit based on ideology .
From a libs perspective . Right REKO.
Agree . When last extension granted , it was esplained gov only had a portion completed and would continue to.roll out documents till completed by extension deadline reached. May announce completed or nothing cause task completed.
Memorial is for all passing, but a emphasis is placed on those military who gave their lives in service to their country. Veterans Day is tribute for all veterans living and dead, and active service.
They never said what they met by REFORM. Like Fiderer said " not a better managed business " . So if they are the highest standard of. Managed business , what are politicians talking about ? Simple , it is about subprime risk.... To subprime or not subprime .
I
Experts ? Lol. Where were these experts when Wal mart accounted for 90% of business ? No concerns.
Yes , we need more dictators that demand passing law before you can read it .
Another post from google....
Seymont
" 11:04 AMseysmont
I think the heart of the issue is securities fraud. The original agreement, where they decided to run the enterprises not for the benefits of shareholders is an SEC violation. They should have been resolving the enterprises either through conservatorship or receivership, not run them as government program before the resolution of the ownership. NWS is outright securities fraud. What happens is the hedge funds are trying to have recourse against criminal matters in civil court. Imagine if somebody is killed and law enforcement agencies just don't prosecute. You have a murder, and you have an issue with murder, but you are trying to pigeonhole it into civil laws. The heart of the matter was always securities fraud. And since the SEC is in charge of those, and they don't say a word it's hard to prosecute it. It's outright securities fraud, and the state brings those issues for prosecution. The other way to do it is RICO or a tribunal I guess, but I'm struggling to see any civil recourse against criminal case without having criminal case first. So that's why its all messed up. Realistically, the SEC has to be held liable for not enforcing securities laws or some other fuse has to be lighted under the SEC's butt.
The other issue, and its aside from the legal angle is what the GSE's actually are. The scam the anti-GSE's crowd runs is they are trying to obscure what the GSE's actually are and what they do. They are the pricing mechanism for mortgage markets. They are the pricing engine that determines your mortgage rate. The rest of band aid that are alternative plans may or may not work, but pricing will change without the GSE's. Even jumbos and other nonconforming loans are priced like they are as spread to GSE's MBS and there is a reason for it.
The reason is very simple. Your mortgage is not priced off your credit as much as it's priced of a TBA of the GSE's. It's a statistical pricing engine. Normally your credit would determine your mortgage rate. And it would be factors higher than it is. It all has to do with the fact that the pool of many mortgages behaves very differently than one loan. But it has to be a large statistically represented pool. Then the math that didn't work for the CDOs with correlations works to reduce the mortgage rate on a pool. GSE's just charge you g-fees from their statistical observations, and that's how the rate is arrived at. They start with rates on TBAs. It's a different pricing engine that (a) works and (b) creates huge saving for the consumer, because you can borrow at close to government rates. It also provides pricing for all other mortgages. What's ignored is GNMA MBS are also priced off GSE's TBAs. Because GSE's are statistically the biggest block of loans, they are conventional loans. So removing the GSEs changes the pricing of mortgage loans. If it goes to standard loan per loan pricing, the mortgages will be unaffordable. "
I like this post from google and share with board...
" I'm in it because you can't break just one law when you expropriate such big and valuable companies. They broke many laws and many rules. The longer they fight and cover up the more rules and laws they break, the harder it gets for them to push through their agenda and end up clean. The GSE's are too big to steal. I don't have a constructive solution either. All I know is destructive solutions are impossible. They will try and talk the GSEs down, and it will cause more problems for them. For example you can't normalize murder in a modern society, you can try, but it will come back and bite you. Same thing in play here, they can't normalize expropriation on that scale. Sure they will try, but the blow back will be worse the more they try. If they stopped early on, it wouldn't be as big an issue as now, and if they don't stop soon, it will get progressively worse for the whole country and for the politicians. Propaganda works until it doesn't, and when it doesn't you've lost all credibility and trust. This is just a sample of what's wrong with the country. And the more they cover up, the worst it will get. So how can anyone have a constructive solution, when resolution will be forced by outside forces. Trump being one of the outside forces. They think they are smart, but they don't know anything about history. "
Still not being truthful about history . But the last sentence about what to do is not good . Sounds like a pump for tbtf Banks taking major part of sucurization .
Is that like "you have to sign it before you can read it " ?
It can proven by simple deduction..... all you have to know is CSR was paid from general funds. Account for general funds contribution. If $ 100 billion added from FnF dividend it becomes part of the whole general fund. The distributions are made from the general fund and CSR is one of the recievers and the general fund is zero out to close period . The payment to CSR was made from funds that included FnF dividend payment. The only way that can be false is if FnF dividend was not put into general fund or all the dividend was earmark to other source or all dividend remains in the general fund .
75 days would be aug 1. FnF would be reporting 2q earnings that week. That is all I know.
Sorry , I wasn't born yesterday. Yes, installations are effected by bad weather but this winter was great . Secondly , even if wasn't great, as I recall , plug intended to work southern states during winter . What happen to that ? Are no Walmart , Kroger or Home Depot outlets in the south. And, all hoop la about Europe , where is that production ? Interest and contracts are not the same as orders . Those numbers are unexceptable and march could of should of explained while the cat is away , the mice will play.
" the "recent announcements with major customers have increased new customer interest in our products, across the board." "
Interest but no deals.
Why 2 and 400 when the weather was great in 1q . Where was the explanation for such miserable production ?
And, the thing Roth was hammering, no activity .
We know lobs are scared. Now WS scared as the coverup peeled back . Documents were suppose to be released in segments until all 11000 released by June 1. Counting 15 days until d~day .
It was 43 million before earnings , now 44 million. Saw it on TDA.
' Hope " was the key word. Just more lib bs.
Check out corker history with Wells Fargo.... that will answer his attitude toward FnF .
The man is 70 plus years, has years in government time therefore his pension , health insurance and other benefits are in the bag. That is not issue. His legacy would be important amongst black community. Or , prison time if he is participant in initial planning of cship. The article Friday explaining FnF regulator law of 1992 should be interesting in this case. Been looking for responds from our many legal dogs for comments. Pin sieze quiet.
The question is if it is this simply , why didn't the brilliant lawyers take this approach of attack at the offset of the cship and then again in the cases against the sweep ? I believe it was this simple , but I do not trust either side. It is about money and power. High anxiety for the leff.
Public board ! Just supporting your argument sweep could not financially support the total annual cost of Obamacare . Amount needed for premium and out of pocket expenses for those eligible was not appropriated by the House. Therefore, Obama took the freedom to appropriate funds to cover cost. Where did those funds come ? That is the 11,000 and 1 document . Welcome back from your bad boy suspension.
Didn't say GSEs funded all of Obama care. The first claim was GSEs funded what was not appropriated by House budget..... a subsidy for funding the premium and out of pocket cost, which could be easily abused. So, what amount was requested for this subsidy ?
Precisely ! Let all the cards be revealed. That includes judges and courts decisions pulled from the A$$ .
Is that misleading ? Did he just admit he as a public servant intentional mislead the public to gain ?
Pardon my forward demeanor , but did you read Johnson`proposal that requires the GSEs not respond to inquires from shareholders and media regarding GSE documents because such documents are NOW classified as gov privileged ? This was announced Monday or yesterday.
'' After that, the President must sign it. There, of course, we don't know what to expect. If he refuses to sign it though, then we won't be freed during his Presidency. If he does sign it, that is a promising sign.''
How is approving FOIA amendment to deny shareholders info that is necessary in shareholder legal case is good for Trump ?
Any idea why this amendment needed other than continue the government corruption against shareholder /rights/ freedom of information rights ? I guess I am asking was something addressed in this bill other than using it install this anti GSE ?
No doubt the total government is involved in this corruption or someone should have spoke up or objected.