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Have you ever stopped to think that Obama has woven the GSE dividends into his (non) budget to the point that if you just stopped the NWS it would cause some major issues? Maybe Trump hasn't stopped it yet because they're trying to find the best solution so as not to shock the budget?
This is why fixing healthcare and the tax code is important to get done first. But the obstructionist Dems are delaying EVERYTHING just because they're being difficult.
Ummmm,
What kind of nonsense is that???? Difficult???? What in the world have they been doing the last 8 years?
It seems to me they want to keep punting the political football at each other in order to keep the dividend payments going. Reform, as we all know, has been slowly happening little by little. The GSEs have fixed a lot of the loopholes that allowed subprime lending debacles and have reigned that in.
Nice, hope upstate NY is next
Either congress is absolutely inept or they're trying to cause another housing crisis. Just like the market crash in the 20's, it's becoming more apparent the government wants a crisis in order to implement some new measure of controlling the people and eroding our freedoms.
At this point, what other conclusion can be reached?
Fair enough, but isn't watt basically the person in charge as the Conservator? If so, he's not conservating by allowing someone else to make the decision he should make since he's supposedly the subject matter expert on the situation.
I think the main issue we all have with Watt is that he keeps punting the football to Congress to release the twins when he has full power to do so and KNOWS it's the right thing to do. He's just being a coward by not doing the right thing.
You need to watch the movie “Network” if you haven’t. There are no Republicans or Democrats. Only haves and have nots.
I can believe that. Good for us. :)
Let's hope so. I've gotten numb to all the "Boom" and "To the Moon" false alarms
Boom? This was in Feb. SMH
Is there any case in history that a news org was sued for what you explain?
Fake news has been happening for decades and the market has reacted because of it. If it was possible to sue, it would have been done already.
I don’t know anything about law, so I could be wrong, but plain common sense tells me it’s not possible.
Not to say you’re not morally correct. I agree with the concept you’re describing. Just don’t see any legal grounds to sue using our current laws.
Only someone who knows the law can comment with some certainty to your position.
How in the world would you prove that? Unless directly related to a company that sold off, you’ve got nothing.
Doubt it.
I know the feeling
JMO, then a slow accumulation from here isn’t a bad call. Will it go lower? Sure. Then buy more :)
Me too. In cases like this, just standby. Best strategy. Unless you're going long, then a difference of a dollar or two is not that big a deal if you believe this will go much higher.
The title and the first sentence says exactly that.
FHFA owes the government more than $7B by end of year[/color]
[Suppressed Image]
November 29, 2017 05:45PM
[Suppressed Image]
FHFA Director Melvin Watt
Fannie Mae and Freddie Mac owe the White House more than $7 billion, and the two entities are fighting over how to move forward.
Best news we've heard since Berk and Ackman got involved!
FWIW. Doubt the tax reform and NWS are related, but regardless, this news can't hurt our situation:
TAX-CUT BILL CLEARS HURDLE; TRUMP APPLIES PRESSURE: The Republican plan to overhaul the nation’s tax system cleared a key procedural hurdle in the Senate on Wednesday, as President Trump rallied support for the bill ... The bill advanced on a 52-48 party line vote, allowing senators to start debate on the sweeping legislation. Ahead of the floor vote, President Trump traveled to Missouri to rally support for the bill -- and pressure Congress. “Now comes the moment of truth,” the president said during a rally in St. Louis. “In the coming days, the American people will learn which politicians are part of the swamp and which politicians want to drain the swamp.” The bill still faces hurdles in the Senate, where Republicans have just two votes to spare in their 52-48 edge over Democrats. The Senate’s tax overhaul plan is different from that of the House’s version. The two chambers would need to come together on a unified piece of legislation to advance to President Trump's desk.
That's really a slanted report. The GSE's don't owe the WH anything.
When will these things be reported accurately?... sigh...
I'm confused. Who's Twitter account is that? Is it a news org, private, etc?
If it does bounce off $21, I expect another nice run to follow. Nothing to worry about. Just a healthy pull off IMO.
I don’t know what “this” you’re referring to, but whatever it is, it’s false
This means we’re in Receivorship
It doesn’t specify anything. What’s the actual news?
IMO getting this stock now is like getting Exxon or Shell in its infancy. I put some in a Roth and some in a trading account. There’s no telling how high this will go but my guess is around $40
That would be amazing
Because many people anticipate a sell off from a reverse split
They could, but doubt it.
Lol. Sheesh!
Let's get back over $10! :)
Etrade finally converted my shares this morning.
Same here
They've been making all the right moves for the company and shareholders alike. The last PR about uplisting was a pleasant surprise, so any news is welcome at any time.
What a great company.
Hoping for some monster news very soon here. Proper timing IMO for the New York exchange
Eh, I don’t plan on selling anyway, so no problem for me. I’d be pissed if I was trying to sell.
why is exercising the warrants not legal?
Actually, big corporations get sued frivously all the time. Many times they settle instead of proceed to court, even if they’re 100% innocent, just to avoid bad publicity.
From Etrade Customer Service on converting the shares to LACDD:
Could take 1-2 weeks
PWC settlement in FL case is a proof that FHFA embezzled to impose SPSPA/NWS. Do you know what happened in case against Deloitte?
What is the date of that Resolution?
Great that they recognize the money has been paid back, but terrible they think they can exercise the warrants.
I was always under the impression that exercising the warrants was not legal.
I would assume if they attempt to do so, there's going to be another set of lawsuits coming on the basis that the government manufactured the GSE crash from false accounting practices. That's stock manipulation for any organization on the planet and the government shouldn't be allowed to get away with it.
Mine are now a number. Probably will convert Monday