RestoreFannieMae.us
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Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Please tell Congress that you support Capuano's bill (click the link below)
http://pvox.co/r2HcMK
This is specific support to HR 2435 Capuano's bill.
(H.R. 2435: To provide for the repayment of amounts borrowed by Fannie Mae and Freddie Mac from the Treasury of the United States, together with interest, over a 30-year period, and for other purposes.)
You can include a personal comment about what you support. Your nickname will be public but your personal (real) name and address will only be made known to Congress (supposedly, Rep. Capuano).
I think this is important. Please show your support and help spread the word. Thank you!
http://pvox.co/r2HcMK
Bravo... Excellent analysis as always
"7: WINDING DOWN. This can mean many things, however, one specific meaning that continues to catch my ear is that 'the GSEs have too much market share and some of that needs to be re-packaged to the private market.' (paraphrasing some of the congress men who've spoken about this)."
&
From the REFORMING AMERICA’S HOUSING FINANCE MARKET
A REPORT TO CONGRESS February 2011
"Winding down Fannie Mae and Freddie Mac’s investment portfolio. Fannie Mae and Freddie Mac were allowed to behave like government-backed hedge funds, managing large investment portfolios for the profit of their shareholders with the risk ultimately falling largely on taxpayers. The PSPAs require a reduction in this risk-taking by winding down their investment portfolios at an annual pace of no less than 10 percent."
http://www.treasury.gov/initiatives/documents/reforming%20america's%20housing%20finance%20market.pdf
Chairman Jeb Hensarling & The House Committee on Financial Services, we got their attention on Twitter today.
Click on the twitter image at the top of the post, to see full conversation:
http://www.restorefanniemae.us/fin
Please tell Congress that you support Capuano's bill (click the link below)
http://pvox.co/r2HcMK
This is specific support to HR 2435 Capuano's bill.
(H.R. 2435: To provide for the repayment of amounts borrowed by Fannie Mae and Freddie Mac from the Treasury of the United States, together with interest, over a 30-year period, and for other purposes.)
You can include a personal comment about what you support. Your nickname will be public but your personal (real) name and address will only be made known to Congress (supposedly, Rep. Capuano).
I think this is important. Please show your support and help spread the word. Thank you!
http://pvox.co/r2HcMK
Please tell Congress that you support Capuano's bill (click the link below)
http://pvox.co/r2HcMK
This is specific support to HR 2435 Capuano's bill.
(H.R. 2435: To provide for the repayment of amounts borrowed by Fannie Mae and Freddie Mac from the Treasury of the United States, together with interest, over a 30-year period, and for other purposes.)
You can include a personal comment about what you support. Your nickname will be public but your personal (real) name and address will only be made known to Congress (supposedly, Rep. Capuano).
I think this is important. Please show your support and help spread the word. Thank you!
http://pvox.co/r2HcMK
Please tell Congress that you support Capuano's bill (click the link below)
http://pvox.co/r2HcMK
This is specific support to HR 2435 Capuano's bill.
(H.R. 2435: To provide for the repayment of amounts borrowed by Fannie Mae and Freddie Mac from the Treasury of the United States, together with interest, over a 30-year period, and for other purposes.)
You can include a personal comment about what you support. Your nickname will be public but your personal (real) name and address will only be made known to Congress (supposedly, Rep. Capuano).
I think this is important. Please show your support and help spread the word. Thank you!
http://pvox.co/r2HcMK
Boom!!!
Edwin George "Ed" Perlmutter is the U.S. Representative for Colorado's 7th congressional district, serving since 2007.
"Last week, perhaps in a direct response to Warner-Corker, House Financial Services Committee Chairman Jeb Hensarling, (R-Dallas) introduced a “Republican only” plan that he described as “the GSE Bailout Elimination and Taxpayer Protection Act, to protect taxpayers from more GSE losses.” He said, “My bill would privatize Fannie and Freddie over a five-year transition period, gradually eliminating taxpayer subsidies in the secondary mortgage market.The legislation would begin implementing important reforms upon enactment, put a hard two-year end date on conservatorship and eliminate the government charters after five years. My legislation is supported by Heritage Action, Freedom Works, National Taxpayers Union, and the Council for Citizens Against Government Waste.”"
Is the author correct??
From article posted today in Forbes: http://www.forbes.com/sites/tedkaufman/2013/07/22/washington-cant-defuse-the-ticking-time-bombs-fannie-mae-and-freddie-mac/
Committee on financial services - Demarcates, just tweeted this:
@FSCDems
Tomorrow we'll markup the #PATHtoNowhere Act #HR2767 at 10:15am. You can watch it live here: http://t.co/c1DQKMeD1V
Committee on financial services - Demarcates, just tweeted this:
@FSCDems
Tomorrow we'll markup the #PATHtoNowhere Act #HR2767 at 10:15am. You can watch it live here: http://t.co/c1DQKMeD1V
Committee on financial services - Demarcates, just tweeted this:
@FSCDems
Tomorrow we'll markup the #PATHtoNowhere Act #HR2767 at 10:15am. You can watch it live here: http://t.co/c1DQKMeD1V
Great new blog entry at: http://malonigse.blogspot.com/2013/07/odds-and-ends.html?m=1
Great new blog entry at: http://malonigse.blogspot.com/2013/07/odds-and-ends.html?m=1
Great new blog entry at: http://malonigse.blogspot.com/2013/07/odds-and-ends.html?m=1
Taxpayers = Shareholders
http://www.restorefanniemae.us/survey
Please take the survey: Fannie Mae & Freddie Mac Favorability Survey
Follow us on twitter @Restorefannie for the latest updates!
Great DD, updated daily. http://www.restorefanniemae.us/blog
Join us in our effort to Restore Fannie Mae to the taxpaying shareholders! Help restore this great business from government conservatorship, and support progressive ideals. Help us bring justice for the taxpayers, homeowners, communities, and shareholders, which measure progress by more than just profit.
Great DD, updated daily. http://www.restorefanniemae.us/blog
Join us in our effort to Restore Fannie Mae to the taxpaying shareholders! Help restore this great business from government conservatorship, and support progressive ideals. Help us bring justice for the taxpayers, homeowners, communities, and shareholders, which measure progress by more than just profit.
http://www.restorefanniemae.us/survey
Please take the survey: Fannie Mae & Freddie Mac Favorability Survey
Follow us on twitter @Restorefannie for the latest updates!
http://www.restorefanniemae.us/survey
Please take the survey: Fannie Mae & Freddie Mac Favorability Survey
Follow us on twitter @Restorefannie for the latest updates!
http://www.restorefanniemae.us/survey
Please take the survey: Fannie Mae & Freddie Mac Favorability Survey
Follow us on twitter @Restorefannie for the latest updates!
http://www.restorefanniemae.us/survey
Please take the survey: Fannie Mae & Freddie Mac Favorability Survey
http://www.restorefanniemae.us/survey
Please take the survey: Fannie Mae & Freddie Mac Favorability Survey
http://www.restorefanniemae.us/survey
Please take the survey: Fannie Mae & Freddie Mac Favorability Survey
Cheers!
Great Saturday night podcast: Sat 07/20/13 Libertarian Chronicles: Richard Epstein. (about 20 mins long)
http://johnbatchelorshow.com/podcasts/2013/07/20/special-podcast
"The oft-neglected back-story of the “Fannie and Freddie Dividend” casts these transactions in a much darker light. Quite simply, the behavior of the U.S. government over the past five years has been marred by grave legal violations of bedrock principles underlying corporate, administrative, and constitutional law."
Great Saturday night podcast: Sat 07/20/13 Libertarian Chronicles: Richard Epstein. (about 20 mins long)
http://johnbatchelorshow.com/podcasts/2013/07/20/special-podcast
"The oft-neglected back-story of the “Fannie and Freddie Dividend” casts these transactions in a much darker light. Quite simply, the behavior of the U.S. government over the past five years has been marred by grave legal violations of bedrock principles underlying corporate, administrative, and constitutional law."
Sat 07/20/13 Libertarian Chronicles: Richard Epstein.
http://johnbatchelorshow.com/podcasts/2013/07/20/special-podcast
"The oft-neglected back-story of the “Fannie and Freddie Dividend” casts these transactions in a much darker light. Quite simply, the behavior of the U.S. government over the past five years has been marred by grave legal violations of bedrock principles underlying corporate, administrative, and constitutional law."
Thomas Goddard, his bio can be found here (http://www.restorefanniemae.us/ohgoddard), is the founder. We are looking for more supporters and volunteers to help bring awareness about the truth surrounding the 2008 financial crisis.
http://www.restorefanniemae.us/faq
We are still in the beginning stages but have already amassed strong political and economic networks.
Please, checkout the site and if you agree with our mission:
"We support the Democratic Principles of Finance Reform, and know that the newly revitalized Fannie and Freddie will provide all of these principles as well as: NO "years" of legal hearings; payback to the government; and a swift back-to-business model. In other words, it's the most practical and reliable solution. Moreover, our goal is to support the discussions, and facilitate fact sharing in Washington.
Restore Fannie Mae (and Freddie Mac) wishes to end the unconstitutional conservatorship. We must gain support from government officials to direct the FHFA to comply with the original intent of the conservatorships and amend, retroactively, the Agreements with the Treasury to allow the companies to use funds in excess of the 10.0% annual dividend amount for the rebuilding of their capital structures and the repayment of their debt to the Treasury. Additionally, the two firms are to be released from their conservatorships and returned back to the shareholders when each company has achieved certain risk-based capital requirements, as provided by law 12 U.S.C. § 4611(a)(1).
Furthermore, Fannie and Freddie are to be relisted on the New York Stock Exchange, with any remaining amounts owing on the Treasury's aggregate liquidation preferences to be satisfied by exercising whatever portions of the warrants are necessary to retire the debts and unpaid interest (dividend). Also, through a prudent mix of debt and unused Treasury warrants, the two companies could hasten the process of full recapitalization beyond the basic regulatory requirements. Consider, too, that conservative estimates indicate that on a fully diluted basis, the initial values of the common shares for Fannie and Freddie could be approximately $37.00/share and $29.00/share, respectively. And finally, if Congress still wishes to reform the enterprises, the Congressional Research Service has provided several alternatives in their February 2013 report to Congress that are not contrary to the conservatorships, the taxpayers, or the tax-paying shareholders."
Join us!
"The United States Federal Witness Protection Program, also known as the Witness Security Program or WITSEC, is a witness protection program administered by the United States Department of Justice and operated by the United States Marshals Service that is designed to protect threatened witnesses before, during, and after a trial."
http://en.m.wikipedia.org/wiki/United_States_Federal_Witness_Protection_Program
"The United States Federal Witness Protection Program, also known as the Witness Security Program or WITSEC, is a witness protection program administered by the United States Department of Justice and operated by the United States Marshals Service that is designed to protect threatened witnesses before, during, and after a trial."
http://en.m.wikipedia.org/wiki/United_States_Federal_Witness_Protection_Program
“If you don’t get rid of the permanent, everyday government guarantee in the secondary mortgage market, I fear all you’ve done is put Fannie and Freddie in the Federal Witness Protection Program,” he said. “Give them a face-lift, give them new names, maybe they come out as Eddie and Annie. And yet they’re released on an unsuspecting public.”
Rep. Jeb Hensarling
July 19, 2013
http://mobile.bloomberg.com/news/2013-07-19/hensarling-predicts-committee-passage-of-housing-reform-bill.html?cmpid=yhoo
“If you don’t get rid of the permanent, everyday government guarantee in the secondary mortgage market, I fear all you’ve done is put Fannie and Freddie in the Federal Witness Protection Program,” he said. “Give them a face-lift, give them new names, maybe they come out as Eddie and Annie. And yet they’re released on an unsuspecting public.”
Rep. Jeb Hensarling
July 19, 2013
http://mobile.bloomberg.com/news/2013-07-19/hensarling-predicts-committee-passage-of-housing-reform-bill.html?cmpid=yhoo
“If you don’t get rid of the permanent, everyday government guarantee in the secondary mortgage market, I fear all you’ve done is put Fannie and Freddie in the Federal Witness Protection Program,” he said. “Give them a face-lift, give them new names, maybe they come out as Eddie and Annie. And yet they’re released on an unsuspecting public.”
Rep. Jeb Hensarling
July 19, 2013
http://mobile.bloomberg.com/news/2013-07-19/hensarling-predicts-committee-passage-of-housing-reform-bill.html?cmpid=yhoo
"you are a SCHOLAR and a ROCK STAR ! .......seriously thank you !"
I second that motion
http://www.restorefanniemae.us/survey
Please take the survey: Fannie Mae & Freddie Mac Favorability Survey
http://www.restorefanniemae.us/survey
Please take the survey: Fannie Mae & Freddie Mac Favorability Survey
http://www.restorefanniemae.us/survey
Please take the survey: Fannie Mae & Freddie Mac Favorability Survey
Fannie, Freddie, and Your Money
JULY 18, 2013 5:30 PM
Richard Epstein looks at the federal government’s dereliction of duty in managing the Fannie Mae and Freddie Mac bailouts.
http://www.restorefanniemae.us/fannie_freddie_and_your_money