Joshua 1:9 Have I not commanded you? Be strong and courageous. Do not be afraid; do not be discouraged, for the LORD your God will be with you whereve
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It is happening!! There is so much that's fixing to go down that will be truly astounding.....
On a side note.. Shorts better cover
Well it appears we agree on this one. Sorry about the "skeptic5000" comment. Lol, I had forgot about that post. You and I are on the same side here. I'm just a little more optimistic. It's all coming to a head Jan 1st. Jumpstart expires, zero capital after Mar 31st, so they have to do something. Congress isn't going to get anything done on this, nor do I want them to. They would just mess it up. I'm hoping for an administrative fix... Maybe Judge Sweeney denies motion to dismiss before the end of the 1st qtr and we go to trial.
You really picked a good name for this board "skeptic7". However, the 7 doesn't really address your level of skepticism. Maybe "skeptic5000" would suit you better. I haven't seen a positive contribution in any of your posts. I know if I was scared as you, I would sell.
If everyone were to give up and say "sure we'll take the moelis plan" you have moved the goalposts. Do you think that you would even get moelis then? Hell no, you would not. I've had shares since 2009 and I will not compromise so easily.
Fight like you're the third monkey on the ramp to Noah's Ark… and brother, it's startin' to rain....
I usually just lurk, but I read this board everyday. The way you are talking to Action is uncalled for. He is entitled to his opinion. I have never seen him say anything negative about any share class in a mean spirited way.... If you're so sure Moelis is the plan, show us a link that TPTB have adopted it or do you have inside info....LET THAT SINK IN!!
Well it has been beneficial to you in this investment, as well to this board.
I believe he has posted that he has a Juris Doctorate but works in Healthcare.
Put me on the team Action... I think he will too.
It'll be ok :D
You're welcome :)
Here you go bro...
Thank You Patswil... Looks like it's up on the daily. Let's hope the pattern Clark posted earlier of the last 2 months continues to go down.
Good news. The wise are getting out. Some may get the squeeze.
Yes...It's what I've been looking toward. Jumpstart expires 1/1/18
and their are 23 legislative days left in the House according to this calendar. They have had over 9 years so I don't think it's likely they will get anything done in the last 23 days.
https://www.huffingtonpost.com/entry/house-representatives-calendar-2017_us_583ef06ae4b0c33c8e133590
I know that.... Trump will not appoint him. IMHO
Hensarling has as much chance of being FHFA director, as Corker had being Sec of State. This will be over long before the next director takes over.
Now that is a good first post. Confirmation of the quick peek. Plaintiffs get to view those documents that the Gov wanted to bury, and pick out the ones that they want Judge Sweeney to rule on..... In her last ruling she didn't allow privilege on any of them. Thanks
https://twitter.com/DoNotLose/status/922474817126838272
Peter Chapman writes,
Friday October 20th 2017
New filing in the Cacciapalle case, click here to view.
Peter Chapman writes, "The Cacciapalle Plaintiffs delivered a third petition for a writ of certiorari to the United States Supreme Court Monday. The Cacciapalle Plaintiffs ask the High Court to answer these two questions:
-- When a company is placed into federal conservatorship or receivership, do its shareholders thereby lose all rights to pursue derivative litigation on its behalf, even where the federal conservator or receiver would face a manifest conflict of interest in pursuing the claim itself -- such as where it would be a claim by one federal government agency against another for conduct they did together?
-- Does 12 U.S.C. sec. 4617(f) foreclose any possibility of declaratory or injunctive relief in a judicial challenge to an agreement between the Federal Housing Finance Agency and the United States Department of the Treasury that transfers the net worth and all future profits of Fannie Mae and Freddie Mac to the federal government and requires both Companies to operate with no capital?
The Cacciapalle Plaintiffs tell the nine justices that the D.C. Circuit answered the first question in the negative and that holding conflicts with teachings from the Ninth and Federal Circuits. Accordingly, the High Court should resolve that split of authority among the circuits. The Cacciapalle Plaintiffs tell the nine justices they should take up the second question because, as Judge Brown observed in her dissent, the D.C. Circuit's decision has disrupted settled expectations about financial markets in a manner likely to negatively affect the nation's overall financial health. The High Court should intervene to restore certainty and uniformity.
The Cacciapalle Plaintiffs urge the Court to grant its petition and review the D.C. Circuit's decision."
http://gselinks.com/Court_Filings/Cacciapalle/17-578-0001.pdf
The status update was today.(Link)
Peter Chapman writes, "Our government and Fairholme advised Judge Sweeney today that her opinion granting Fairholme's second motion to compel requires no redactions."
http://gselinks.com/Court_Filings/Fairholme/13-465-0391.pdf
I just noticed the "Day's price range" shows a low of 2.29... Someone must have made a mistake with a fat finger. I hope they can get it straightened out.
I saw an interesting take from a group of "Traders".
LIVE- The future of housing in America
Corker is getting "Torched" on Breitbart's facebook page comment section right now. I commented too.Lol
Steve Bannon was on Hannity tonight... He was fired up.
PS Many are calling for his resignation.
Sorry to hear this Harlly... I will be praying for you. Just know that people are beating cancer every day, treatments have come a long way. God bless you.
I think this is a preemptive strike against Corker. By doing this, he makes any arguments from Corker opposing future administrative action look mostly like just more sour grapes from his feud with Trump.
Also, we know Corker started this some time back when he was supposedly upset over tweets or something. I believe that is around the time Corker found out Trump is not going to let him have his way. Bottom line is Corker didn't care about any of that. All Corker cares about is killing the GSE's. To Corker the most important issue in DC is the GSE's.
Remember that time Corker showed up to a hearing that Ackman was testifying at. It was on a topic totally unrelated to the GSE's. Corker wasn't a member of that committee but he showed up anyway and his questions about the GSE's
Now that's a very good analysis. I agree. Thanks
Here it is....PDF at bottom of this link.
https://www.treasury.gov/press-center/press-releases/Pages/sm0173.aspx
Any idea where we can get a look at the full 232 page report. I like it so far.
Fnma +12... 3.08 :)
Check out this video in the comments...
Sweeney just granted Fairholme's second motion to compel #fanniegate cc: @POTUS44 $fnma $fmcc pic.twitter.com/hDfKGnemZ6
— Hooded Pepe (@ckc12_rb) October 4, 2017
There should be some bombshells in these documents, since the Gov balked at turning them over even after they were ordered to.
You're on this board everyday. You should know that we got all those documents in the mandamus, except for the 7 or 8 that were Presidential privilege.
The point I was trying to make was that Sweeney saw those 7 or 8 that were presidential privilege and allowed them, before being overturned. It had to be something significant. Something that we are totally unaware of.... But she knows... She knows.
Thank you Judge Sweeney. As I said yesterday she was getting ready to "put down her gavel on the Gov"
One thing you should remember. Sweeney has seen the documents that were under "Presidential privilege" that she also allowed, but got sealed by the Mandamus hearing. She knows!!! I think any dismissal is unlikely.
I hope so too. It is good that Watt and Treasury are working together.
Watt- "Constructive discussions recently" B O O M
It's coming....
These "Shorts and Traders" sure are getting nervous. The hearing today didn't produce expected drop... We did find out that Watt and Treasury are having productive meetings about the capital buffer. Their both just waiting for "Jumpstart" to expire. The clock is ticking.... Sweeney is getting ready to drop the gavel on "2nd motion to compel". Maybe grant the quick peek.
Relax, Watt and Mnuchin are talking. They want to wait for Jumpstart to expire... Could get an announcement on something when in becomes imminent that congress won't get it done before Jumpstart expires on 12/31/17.