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True for me. Huge home improvement project. Had problems with getting anyone to do it so I did it myself. Run into shortages of materials too. People had the time and even received a little boast in monies to do so. It took my mine off all the COVID hysteria. Home building is up too for the pricer homes.
To think that commons or preferred is canceled in favor of one or the other is as promising as they will do any of us a favor in doing what would be of a conservatorship. In not honoring the full faith of what is expected then anything goes. At this time with the fruit cakes owning the media if by chance they win then I will and a lot of others are going to the exits to salvage what we can. Who are we kidding. What a year and what a decade for the twins.
The voice of reason. So troubling today and needed that sort of rational. Thumbs up.
yep, these are the methods they are going to use to provide guarantied income for those seeking it. The rest have to work and earn it. They see what is happening to the twins for over a decade and think, why not us.
R U kidding? Just wait till the release them and then try to catch cheep shares.
Doesn't stock price count as capital. They talk of sock offerings when turning the companies loose and allow them to return value to the shareholders would cause reckless abandonment of share buying. What am I missing?
I understand historically JPM was the one who originally bailed out the government with a loan. In a way we live in a state of gangsters and loan sharks supported by laws that suit them. Not as bad as it sounds but has always been heavy weighted in the banks favor. Now you understand and know why. You say you want some shares and some of that action? Buy treasury notes and bonds. What interesting is how the banks that you use for home loans act as separate of the reserve and is what the average Joe sees. The banks get the very cheap or free loans from members they have on the board and loan it to you at twice or more the rate. I have what many in our country know is damm low mortgage loan rate of 4%. The rate the big banks get the money today they should refinance us all for free by a couple of points lower. What a racket.
Me thinks it will be time to turn them loose as listing them will add rocket fuel to market returning and moving beyond it's previous high. Needed more now then ever. :>)
By middle of next month the 5 min rapid IgG/IgM blood serum test for SARS-coV-2 renamed COVID-19 will be arriving. If those test can go to more then first responders then this will be a game changer for the market as the test will show late markers for those whom had the virus in the past. Those people can go to work and those that are retired can go spend money in the economy. I for one have been pinned up for a month now and itching for life to return to normal. Pockets bulging with loot and credit account max available for charging. I am locked and loaded.
I myself will be happier if they get that dam 5 min blood serum test out for everyone like they are doing in California. There are many of my friends that believe we had SARS-coV-2 now named Coronavirus-19 later last year. That test will tell us for sure if we have markers for immunity or at least partial so we can get exposed and continue our resistance. Spring is happening and though I am getting a lot done I could use the break. I want so much to be with my children and grandchildren and hung them all, but what I got last year scares the hell out of me, as it sounded just like this one and I was close to going to the hospital. No wind in my sails. I want to go to the garden center, eat out, go to yard sales and have a project of building a playground set that will take a couple of days. I hope everyone a happy Easter as just heard on news channel person said you can't see God, I see him everywhere. His has risen !
For that person who writes for Seeking Alpha on this board. What makes you think anybody going to stick around or come back if they do another bail out like the last one. Screw me once, shame on you, well you get the idea as I am not sticking around for a second screwing and I will not be back. There is too much juicy shares at low prices out there. Fuck the government and the twins and you too.
Well he wouldn't have to use all of it and once released, resisted the twins would provide a welcome relief to the market. Who wouldn't buy shares of money makers once value returns in owning shares, especially at these prices.
dam zeros
Thanks
I invested in the twins thinking they got a raw deal and the government would fulfill their conservator duties as the companies health is necessary for the country. Not so sure anymore.
We are apes walking on two legs. No wonder they shoot us up in orbit. I know, lets go to mars ???? By the time the round trip is over we all could be gone. Sounds like a sci-fi movie. Let it be something more serious and we will be killing each other over food. Just heard someone say why we pass China on the virus front. Once we acknowledge it was an attack we will light each other up.
It's government math. Can't give everyone who files a return $1200 on a 2.2 Trillion relief bill.
You know you are fighting over nothing, correct?
"two wasted months" ? The warnings on antibiotics has been decades and immunizations for influenzas since 2000 and COVID-19 is just a rename for an old emeny. This whole hoopla is interesting and now the 2.2 trillion and promises of $1200 for individuals and more. Sounds like a bunch of money but do the math. Seems no one does.
People die from influenzas every year. What is so different that the market tanks. Yes market looses money due to business closings but what has ilness costed us in the past. I use to get pissed at people who showed up at work sick an then I get sick and everyone I come in contact got sick. Most likely a good idea to come up with acceptable practices in the event of an out break. Proper preparation leads to perfect performance.
Got free movies on Spectrum due to current situation. Unbelievable as I just watched "Unlocked" which speaks volumes with what is going on today. Think about it. We are reactive type of government and though we are good at coming up to speed, at least in the past, there are things out there that can catch you by surprise. This movie was made 2017. Would something like Coronavirus be something to use to get people on board about quarantines and distancing. Could it be Ebola hasn't reached our shores due to the speed it infects and a one to three death ratio. The more serious they make of this the more people get on board. This is most likely a good thing to ponder.
MBS are the collateral on the loans the government makes. You can bet your ass no matter what lip service they give you the government will back them. However they do say your portion of the national debt is ?????? so how and who pays their fair share is to be determined. Imminent domain will be part of the process.
If they had pass the tax plan the Trump originally ran on the lower incomes should not need help. If they don't learn to save for leaner times they will never learn. Guess that is why I am a saver as I found comfort in living below my means. Had some very lean times. I do like that we are addressing these pandemic issues. Will see if we learn anything as we are alway reactive.
Senators trading on insider news. What a shocker. One bought stock in a software company that made remote access software. Most likely missing from story is she knows of contract to buy, sign off on a purchase, allocated funds for a government agency that will use it. If I got caught doing that I would be fighting jail time, paying a fine, and loosing my job. More double standards. Two legal systems, two health systems always show up.
Yes, quarantine yourself home and sip gin tonics. Could be a problem after a couple of weeks. ;>) By noon who would give a shit!
We don't need dependance on Goods from anybody. We need to turn things around and that includes our thinking.
Not amused. Again cheaper is not better.
Well if you wanted revenge this was perfect. They don't care about the pain inflicted on what is a small segment of population. Unleash in time for Chinese New Year as there will be visitors from all over. Looks somewhat a natural event and not directed at anybody particular but will hobble the world. Does this make them more powerful or all the rest of us naive. Hope we use this a a wake up call and fire drill. Lets see if we learn from it or just put it off and just continue to be reactive in our response,
Interesting thought is maybe all countries involved with coronavirus should wave their debt with China for not allow it to spread. Wait till after Chinese new year to spread it world wide. Trump's mission to become less dependent on China is going to work. Cheaper is not always better.
uh huh, told you they need to use them as a piggy bank. Will not admit to it as they answer to no one. Like some sort of brother in law syndrome. Strangers are treated better. I believe father in-law gets the same treatment.
most likely only two things keep Warren out of the game. Warrants and the government. Government needs the twins, Warren doesn't like them looking over his shoulder. Say that there was arrangement that Warren got the twins. He will wipe out the shareholders, you mark me words. In a world where Warren or company is ower you don't exist.
Can understand why people pull their money out on these market crashes. The last one lasted a decade. Other then those on this board, who has the patience to wait these wild rides. I believe once the Coronavirus threat is removed we will be stronger as we know what we need and expect should happen. I believe that we need Trump to get us through the next term. Those two items I believe will bring about an even faster swing back and even higher market. Only thing that bothers me is Trump seem less energetic and me thinks that he knows that all this bail out and financial assistance will come back to us. That is why this market has too return to it's high and more. Someone who hasn't been a fan of Trump ask me where is all this money coming from. I told her is magic as we are sooo broke. Maybe when this is over the Dems will work with us as me thinks the pied piper is coming.
Expect a whole lot more pain as the twins are the go to fund and the government goes to them without penalty. They don't answer to anybody and just say it for the good of the many. They will not acknowledge our turn will come and just get the word to form a circle and run in it.
Tha's because you don't understand anything.
The difference between older people and the young at heart is older people are aware of their mortality where the young feel they will live forever. Very naive of them. Older mature adults think things through and plan and young people jump right in. Young people make for much better soldieries.
Something is wrong with our system. Seems there are people the control all the test supplies and vaccines. With all the people that have had CORONA-19 and survived you would think they would have made a serum from their blood. If it was life or death wouldn't you receive plasma from a healthy family member that had CORONA-19 or SARS name prior to name change. Doesn't look control well as you need to monitory lock down and get those people tested and vaccinated. Looks to me drug companies have taken charge. Go figure.
Government needs to be more proactive. Need a civil defense plan that includes monetary and quarintine plans. This is a adhoc fire drill and a good start showing the need for such as antibiotics and vaccines are not keeping pace. Need these things more then going to Mars or the moon.
What is it they say. Build it and they will come. Capital will roll into the twins that they can use to finance their efforts in this time of crisis. The government just needs to give them back to us honoring are part of ownership. It will happen. Void the warrants, stop sweep, release and allow to join the market. We need them more then ever. Wake up government and quit being so controlling and greedy, otherwise may loose the whole game.
The twins need to kick up purchasing loans from banks so banks can refinance loans before a systemic crash of the economy starts. The banks need to be forced to get off holding those loans, as they will because they are at a higher rates. They are like a dog with a bone and they will be left holding no bone and asking for a bail out. Just you wait and see. Time to get ahead of this.
We or the government had to bail out the banks during the housing bust and they where the ones that caused it. While the government lowered loaning rates to negative the banks failed to follow suit for their mortgage customers. With more and more mandated closings and with the fed taking extraordinary measures I am expecting something from the banks such a allowing skipping mortgage payments or/and automatic free loan refinancing which also gives a month or two without payment. Where is the action.
Let us not forget the humanity side as their are people like myself that are vulnerable. It just that we are aware of more nefarious bugs out there and the world is more connected then ever before. That and the fact are vaccines and antibiotics are lagging we should have come up with civil defense mesures. This is an adhoc fire drill in the making.