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This delay was a joint request. Being an optimist, has anyone else thought we are on the verge of a settlement?
Actually we went to SCOTUS first. But, that doesn’t matter. I want SCOTUS to take the case because it will provide the quickest outcome, and I feel we have a strong case.
GLTA
I hope SCOTUS takes the case. I think they will . I feel we have a good case, and have a pretty good chance of prevailing. If SCOTUS approves the govt position it. sets a precedent allowing feds to take over any business’s or individuals profits, if they borrow from govt. ....It would be devastating to the economy and credibility of doing business with U.S. I really hope they don’t rule this way, I don’t think they will.
In any case, it will be done by July this year. No more appeals, done.....
Tomorrow Jan 10, SCOTUS will conference and decide whether to hear Collins vs Mnuchin (19-422) or Mnuchin vs Collins (19-563) or both. Also, Tomorrow, Sweeney’s court meets to go over trial rules and schedule.
I believe we will know one way or the other on Friday 1/10. From what I can tell, They either grant or decline on the day they conference, which is 1/10. I’m not an expert on these things. As of today both cases are still scheduled for conference on 1/10. A great reference i use is SCOTUSBLOG . GOOGLE it. The case numbers are 19-422 and 19-563.
Can’t complain. Does anyone know why price flatlined around 12:30?
Yes, on 1/10 SCOTUS decides to hear or not hear 2 cases dealing with Collins vs Treasury. Also on Jan 10 Sweeneys court decide rules and schedule of her case.
If SCOTUS takes these cases next week, they will rule on them by July 2020. That’s just the way they work.
I do agree they will take them. It’s too big,!
Even if 90% of the country doesn’t know it’s happening.
Ok, that seems about right. I was being conservative.
Thanks for the reply, I was U.S. Air Force, stationed at Ramstein many years ago. I love Germany and the people. I’ve been back to visit 4 times so far.
Good luck to you, let’s make a lot of money.
SCOTUS doesn’t play the delay game. They will have the conference next Friday the 10th, and will say that day whether they will hear the case or not. If they accept the case, they will set a date probably around June next year. After hearing arguments, they will deliberate and publish their ruling around 3-5 months from then, certainly before the end of 2020. What will be fun, is if they choose not to hear it. The case will go back to judge Atlas. She will have quite a bit of leeway including, I believe, financial damages. One thing she cannot do, is allow the NWS to continue. Let’s get ready to RUMBLE !!!!!!!!.
SCOTUS only agrees to hear around 1% of the cases presented to them....
Don’t forget, on 1/10/2020 SCOTUS has Mnuchin vs Collins, and Collins vs Treasury set for conference. This will be when they decide if they will hear this case. They are 19-422 and 19-563.
U.S.Army?
This is not the Sweeney schedule, it’s the Lamberth schedule.!!!!!
This is what pisses me off, govt lawyers will propose a ridiculously long schedule which our lawyers will go along with, then when each date arrives govt will ask for extension and our lawyers will concur. This has happened over and over and is why we are 4 years in, with no end in sight.
Just a SWAG on my part.. I think she does not like the idea of some shareholders gaining extreme gains , by buying after the NWS. She has no means to parse which shareholders have rights to damages based on date of purchase, because all power and rights transfer with sale of the shares. But, she can wash her hands of this conundrum by allowing only derivative claims, thus the companies themselves decide who gets what...
Just a thought..
To maintain economy stability. But I was just trying to think of examples, use any big name Corp........Berkshire Hathaway????maybe...Boeing,etc..
Imagine if the NWS is ruled legal by SCOTUS..Wouldn’t that mean anytime govt/economy gets in trouble, just force Apple, or Microsoft, or, Facebook, Exxon, etc. to take a bailout, then tell them to return all profits to Treasury forever. Unimaginable!
Talk about an economy meltdown.
Does anyone know when Sweeney will provide a ruling on dismissing or not dismissing the cases?
How long does it usually take until she decides if we’re going to trial?...a day, week, month?
Good video, but it’s 4 years old.
Agreed, 3 different administrations are guilty...How do we get this covered by mainstream media.
What frustrates me is, I bet govt asks for another extension and Sweeney will give it to them. She has done this several times. She is a disgrace.
Hope I’m wrong.
How can we get CNN to report on this. You know they would love to spin making Trump look bad...”Trumps Treasury refuses to fulfill judges order to release documents”......”what’s he hiding”. CNN is dumb enough to report on it , not realizing it likely would expose Obama admin corruption and fraud.
You don’t need to do that. I believe that’s a reasonable estimate. Hope we’re right.
GLTA
When you say huge squeeze, how much are you thinking? A dime , 30 cents , a dollar?
Not being sarcastic, I listen to everyone (except CC, and along). and try to put it all together as I prepare my next trade.
Thanks, I do appreciate your thoughts.
Dax
Thanks
Thanks,
QUESTION FOR ALL!
When the GSEs or reporters, Talk about 2QTR, or 3QTR, are they referring to regular business calendar, or the qovt fiscal calendar?
For example, is end of year for the GSES ...Dec 31, or, Sept. 30?
Has anyone used scotusblog? If so, do you know why ...Collins vs Mnuchin... is not showing up?
Obiterdictum, do you know why this government appeal is not showing on SCOTUSBLOG?
along4zride Tuesday, 01/15/19 02:14:19 PM
Re: None 0
Post # of 572789
SHE’LL NEVER SEE $2 AGAIN
Tough pill to (FNMA) swallow but the fact is door slams hard at that level every time . If this stock was going to recover it would of by now. It hasn’t cause it won’t . Probably best this time if it gets close to $2 to get out before stampede.
Consider the source.
Nov 18 is Sweeney court. Arguments heard to dismiss.
Mr Obiterdictum,
Hasn’t Collins vs Treasury asked for a writ as well? If so, has it been assigned a calendar date for conference?
Also, I read it is out of ordinary they filed for writ, when they had won there appeal via en banc. But , something about they want to be heard with Seila law, because of the similarity on constitutional nature of CFSB and FHFA. And they want judgement for direction on legality and fair compensation for NWS, which was left in limbo. So, in a nutshell do you know if Collins has a date for conference, and Is SCOTUS expected to combine the two cases, to expedite and be more efficient. If Collins does have a date on the calendar, this year and is granted there writ request,, can it be expected o be heard, and an order directed next year?
Thanking you in advance ,
Dax
What i have been doing is go to scotus blog. In the search box put seila law. This is the case challenging if CFPB is constitutional. Analysts are trying to figure our if scotus will choose to hear this or ours(Collins vs Mnuchin). Our case includes a decision for the NWS. Seila law vs CFPB was supposed to argue on 10/11, it looks like it has been pushed to 10/18. I’m not exactly certain on this but I think this is where we’re at with scotus. Also, there are many other complications that I am unable to further understand or write here,it would take a book. Key is next Friday there is supposed to be a hearing to decide what writ will go forward to scotus. Results won’t be published until the following Monday 10/21.....
So true!
The SCOTUS listens to arguments from a different case about whether CFPB is constitutional. What they decide will give some signals for Collins case...Collins is also filing writ to SCOTUS ,about constitutional status of FHFA. As well as legality of NWS.
Mr. Obiterdictum,
On Oct 11 will scotus provide not only which case they will consider, but a date or time line for when it will be heard? If not can a knowledgeable assumption be made on timing, doesn’t scotus rule within a year , by policy or procedure. I’m just trying to figure out how much more time we’ll be waiting.
I do understand they could not accept any of The writs, which would bring a whole different can of worms(questions).
Thanking you in advance,