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Thank you. Good answer. They've been doing administrative changes for years! Albeit not very aeffectively due to the pin-pong Democrat/Republican administration changes, so I agree with you on that. 2 steps forward and one step back.
If we ever get a regulator that is not a single actor/director at FHFA, but a board of people who are hopefully chosen as non partisan as possible, so true and good administrative policy for the GSE's can be made law. Having the one FHFA head answerable to potus is exactly what we don't want, as we stay a political football forever. Politicians in DC who are concerned with doing what is right ought to see this clear as day.
How can he be right? No one knows what the cap rule will be. No one knows what money courts may make goverment pay back. No knows what the government may or may not do.
I dont know where you get 3 decades from? Scar monger much, lol
Anyone not a moron knows it will be way less than 3 decades. The warrants have an expiration. If government tries to extend, I forsee more legal actions.
You don't understand the difference between chapter 11 and conservatorship.
Answer me, are they same? If not, then why have they been calling it a conservatorship for over 13 years? The government hera law, nothing in any amendment says chapter 11. No news person, Tim H. Epstein, no one has called it a chapter 11.
You and a very few others keep pushing this as a chapter 11, most here know the difference between that and a conservatorship. Look it up. I posted a definition on both weeks ago.
That is true Brooge. I side with those who have hope, morals, some faith in rule of law and fair capitalism. We've been kicked one too many times in the nads to belive anything. I marvel at those who continually buy when this pops 0.25, 0.50 or even $2 and shouting too the moon, lol. Unless you are accumulating based on your own speculative reasons, which would be my case, you're probably losing if you're trading but there are many who think they'll catch this on the way up or a tail wind to make a fortune on nickel pops, lol
Maybe a few do manage to time this for gain, but what gain unless your risking 10's of thousands.
I said it when I first joined Ihub, that this is all manipulation and until we breech $6.50 or higher, anything under is prone to more manipulation. $6.50 if hit and maintained for a period, would be a sign for me that going higher is possible.
Can folks make money on those quarter, fifty cent moves? Sure, but I bet more or losing money than gaining. Seen this being fished in a range for years. Someone or group with deep pockets or government backing (my bet) that keeps busting the balls of the majority of investors/speculators on here for years. We've been as high as $6.25 and when that happened government got caught off guard, but it didn't take long for them to drop it back to the $3 range, then eventually tightening so that this goes from $1 to no more than $3,50, no matter what. It's criminal and exactly why government wanted us on the otc. They know the SEC and anyone else pays way less attention to this markets nefarious bs.
Field guide my azz. You only need to post a suitcase or duffle bag full of cash....there's your field guide.
Alls one of these political idiots has to do is set a presidence and start the dominos falling. Trump, knew better too.
They've all got some form of image or career busting dirt on each other. It only takes one to start the shitfest. Hopefully, yes. Biden and his pose are dumb enough to light the fuse.
Soooo many bs thesis, that never prove out. Like chapter 11, lol
I guess they need to rename chapter 11 to conservatorship in which a company builds capital? Just because you push a narrative will not make it so....some will find out the hard way.
Why would they need to re-org when they build capital just fine from quarter to quarter? You fail to acknowledge this constantly.
This is also never been advertised as a chapter 11, other than a Calbria off the cuff remark like his cucumber poop comments, so why would this be a chap11?
Lmfao! That's good stuff.
Okay then....thanks FoFreddie also.
Guido, Navy thanks for the info and for "ringing the bells" of all those folks on twitter.
When is someone in the media going to take a stand for capitalism?
Here's something to tweak your disdain. Only 32% of people polled think the supreme court is motivated by the laws. Is that sad or what? If I was a SCOTUS justice, I'd be ashamed. See the link.
It does explain alot though, that most here already knew.
https://www.newsmax.com/us/scotus-politics-quinnipiac-poll/2021/11/19/id/1045440/
I second that! Good call Golfbum22
Sit tight, he's out kite surfing.
In Michigan we have proposal A, which when passed years ago, limits property tax assessments to the yearly rate of inflation, but not to exceed 5%. Many years as inflation ran at 2% or less, tge assessments were manageable. This year all of Michigan is screwed with inflation running at 6%+ we will be getting slammed with 5% assessmenta next year.
Cats thing got beat to death. Lol I forget how that got started.
I must have missed the limoncello post! Dam
Oh yeah, that's the gravy train state. Feel sorry for any conservative person stuck there.
Yes sir-eeee, but those in Cali benefit most since very high home cost, from what I've been reading.
He specifically raised that salt deduction to appease California RICH Dem voters, if you read up on it. People were even interviewed in California saying they were glad they get that back, because meany Trump took it from them. Lol
Lol! Get'em navy.
Well....he do some things....like during those chicken sandwich lunches he informed us about incredible things like cucumber poop, KiKat's, other various topics that did not have a dam thing to do withthe job/work he was supposed to be doing.
Lol. Yup. let's see...liquidation pref., never gonna happen. And ummm, dividend, I think that's been legally suspended because the government can do whatever it wants! Lol contract claims don't mean squat. If the FHFA wanted to screw all commons and prefs, they dam well can, with SCOTUS blessings it would seem.
Until a court case gives all shareholders the legal leverage they are entitled to, we are like a rape victim being used as a sex slave and maid/housekeeper.
I envision that if the FHFA had a coat of arms or a crest flying on a flag, first it would be a large shield with many cracks since their first order of business is to protect/conserve but it is done very weakly, badly, hence the shield with many cracks.
Then I would picture a faceless person in the center with his pockets turned inside out and hands upturned as in question. This would represent both taxpayer and shareholders of companies they're supposed to protect.
Surrounding the faceless person with empty pockets, I would show a leech, a vampire and one of those machines they use at the mortuary and coroners office to suck your blood out before embalming. The meaning of these 3 pictorial symbols are self evident.
Sticking with the everything government has to have something containing Latin verbage attached to it, to give it some sort of psuedo nobility or honor, on the outter edges of the shield we would have this text: ex sinum tuum - ad nostrum.
I am going to propose this on that cap rule site, just to to see if it gets any attention....
The rest of the world IS NOT THE PROBLEM. Explain about 110 container ships floating off California coast. So yeah, NO inflation is being instituted right here by those who want it.
Why do you suppose they're doing the scenic route? Hint: A ways back when you started predicting, capital was nonexistent, but now....
I did not know there was a clock on a temp appointment! Thanks
I'm with you on that. This is going to go to midterms or further. Too many fires created by the current administration to fight. They won't appoint anyone because of current situation working just fine for what they want to do, which is extort and loot what they can using the FHFA ruling that they can do whatever they want to the GSE's for taxpayer or FHFA benefit.
As Robert posted numerous times, death by a thousand cuts until saner elected group gets installed, and that means midterms, hopefully.
Someone posted on here that they wanted us to be the longest conservatorship on record....well here ya go :
https://www.newsmax.com/newsfront/people-britney-spears/2021/11/12/id/1044484/
Someone please contact Guiness world records and report this.
It would be nice if the hedge funds and mutual funds invested in this, if they would fire up their investor base to get active.
That's post of the day, for me. Excellent
The give aways and the FHFA ( government lawyers) are more or less being taken at their word by the courts. The GSE cases outstanding need to force their legal council to go after the government for transparency, if they can back their claims that they are sticking to the law, prove it! For instance, if removing the G fee from the GSE's was to make housing loans more affordable and fairer why did the government appropriate it into their infrastructure bill? Obviously it was a good idea....FOR THE GSE's to build capital, yet they lied to get rid of it then hid it in a bill. Any judge can understand that simplistic con move.
The lawyers need to fire on all cylinders especially the governments documentation proving what the DOJ says. They never challenge any of the government assertions since the Obama administration documents, which have yet to be fully available. Why haven't the lawyers also asked the courts why FHFA/government needs to hide things like a list of current shareholders and any and all info that would help shareholders that has been withheld?
Many have not been able to get straight answers to good questions that have been brought up on here including yourself.
The question is: will any of these lawyers in any of these suits address the pillaging by a thousand cuts (using your great quote) to a judge? It needs to be beaten like a tom-tom drum in a court that the fhfa is not DOING its fiduciary duty at all when it keeps using much needed money for capitalizing, for freebies and give aways to fill the socialist dreams of the current administration. It says in HERA that the FHFA can do what's needed to preserve and conserve, make the government lawyers show and justify just how FHFA discontinuing the G fee, giving free money for housing, allowing different bad policies for mortgage requirements, etc will make the GSE's stronger and preserve and conserve their assets. It's not calculus to point out to a judge that the abusive policies of a hell bent FHFA are resulting in a weaker fan & fred and a longer conservatorship.
Does anyone like Bryndon have the ability to contact any of these lawyers involved to update their court arguments to include this?
Brandon and son?
It would have been nice, absolutely, but you won't find many CEO's with the balls to go after the government. They're all most about self preservation, like our government. The only ones who do pipe up are guys like E. Musk, but that is to support his own cause, and he can because he has billions, a bit of power.
It's a huge conflict of interest having the FHFA conserve any company that is paying for the FHFA's existance. Ever try to pull a suckling pig from it's mothers teat? Pretty much how it is getting out from under FHFA/treasury due to this symbiotic conservatorship. Government knows they'll be on the hook to fund FHFA from taxpayer money they don't have, cause they spent it all (see our 27 trillion debt). This arrangement is much like having the fox watch the hen house.
Government has no conservatorship candidates on the horizon, even though they tried their hardest to pull a GSE type takeover with a few of the airlines and Boeing, they were wise to our mafia governments plans and refused any bailout. So FHFA is only leeching from the GSE's pretty much for their existance.
Yup, sad but true.
Guido, the case in Lamberth court for the pref holders should be updated to ask for those Obama exec privelege docs for the tril by jury. If Biden turns it down, than full nlown hypocrisy on display.
His skateboard or windsurf kite doesn't run on gas. They are true green energy devices.
It's a 3 card monty construct by the government. They sue the banks for 200+ billion, claim they bailed out the GSE's to the tune over 187 billion, then rape the companies for almost twice the bailout funds. Win/win for them. They used ZERO taxpayer dollars to bailout out the GSE's, the banks settlements were enough to cover the bad loans at the time (GSE bailout), but they kept making the GSE's swallow more bad loans while exacting more money from them.
I call bullshit! The government never used one dime of taxpayer funds, they actually robbed shareholders funds and used the banks predicaments as a good crisis not to waste. bass-terds. It's called robbing Peter to pay paul while simultaneously villianizing the twins so they could shake them down for more money. 3 card monte by another name.
The hidden set of accounting books will show this to be true!
Oh yeah, absolutely. I was being sarcastic. Lol
I thought I read a long time back in one of the financial media places like Marketwatch that the banks actually settled for like .10 cents on the dollar of actual amount sued for. Because the poor babies were still in rough shape, even after dumping those bad loans on the GSE's.