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Wrong. We are imposing tariffs on billions of dollars of Chinese imports. The amount of tariffs on global imports will be increasing. The GSE's income is not needed to fund the federal government, nor is it Constitutional. See President McKinley.
Unwinding the theft and predicament that the previous administrations left them in, takes a moment. Especially with the political hay the media is already trying to make out of it.....
Projection....manipulation of the market by these hit stories is exactly what is happening.
The financial connections to the serial GSE media hitmen and false stories should be investigated.
He is ACTING FHFA director...something tells me he is going to ACT! ;)
I was out of the loop today. Expand on your statement if you would.
Hi IQ post, putting pieces of the puzzle together.
This is exactly the point. Obama care needed hundreds of billions. Where else were they going to get that kind of money?
Solid timeline explanation.
Thank you for your contribution.
It's 100% correct.
Not necessarily. Too many rely on someone else reading the tea leaves for them.
Depends on what the media does with the story prior to the courts decision.
Once that is given, the story writes itself.
54 minute mark.
Treasury defense: That's not the argument I'm making your honor...
Judge: I know, it's worse!
Lololol!
Trillions have been confiscated.
https://www.whitehouse.gov/presidential-actions/executive-order-blocking-property-persons-involved-serious-human-rights-abuse-corruption/
Infrastructure spending will have nothing to do with the GSE's.
Thank you.
Navy,
What was the source for 60% support figure of the housing market? I was trying to find that to quote.
Thanks.
Agree. CFPB being unconstitutional just paved the way as well....
It's all going to plan. Laughs in $$$$
Lies are all they have. People that can't reason believe them.
This sounds significant to me.
"Treasury Secretary Steven Mnuchin has expressed support for bipartisan legislation, but said this weekthat he also would have administrative options for addressing the status of Fannie and Freddie if Congress does not act."
Sure... Except recent history would say your absolutely WRONG.
Trump stopping the insurance subsidy payments shocked the country, except he said it was going to happen starting in April. Amazingly the insurance stocks didn't tumble till he did it. Imagine that.
But you should keep watching the volume there Pumpkin. Wait for at least 30 days past 600000000 before jumping aboard, all the cool kids are into being fashionably late.
Huh, figured you'd be familiar with it. It was the statement after they said you had tiny hands.
At one time, I too bet on the courts.
But the problem with a court ruling, is that it would have to occur within the next 2 months. I just don't see where that is possible.
By January, there will be a draw if action is not taken previously.
The administration has stated that the GSE's will be out of conservatorship by year end. So there already is a plan by the administration.
It appeared that the timeline had always been that housing would be addressed after health care and taxes were settled.
It appears that tax reform is in the process, so housing should follow.
There will be stop of the sweep.
But I'm not ready to fill out my Clue card with it being Director Watt in the Federal Housing Finance Agency that uses the Solo Dance to commit the sweep stop.
Secretary Mnuchin could use a Negotiation while in the Treasury.
One way or the other, the GSE's are about to be free.
He's done. Same reason as Corker and Flake. They can't win against a Bannon backed candidate. And he was going to be targeted for his ties to WellsFargo just like Corker. He's Corker lite.
For the same reasons, he has no place in this administration. The mortgage association/WellsFargo feeding the names of their bought and paid for stooges to the media trying to drum up support is nothing new.
But the end result, he'll be watching from the sidelines. Just like Corker.
You should short from this level. I'd like to have more shares under $5
One of the most under value buys in the market.
The shorts will be in serious pain.
With the real estate value, trading at this level is a steal.
Watching the shorts fry is going to be hilarious.
I loaded in the upper 5's. Will continue to flip 1/2 with the ups and downs. The remainder is for the long haul or buyout. The value is a multiple from this level. The simple minded are just that.
They just needed an full Supreme bench with a majority that understands the Constitution to at least some degree.
Thank you President Trump.
Where can that be found?
Obama: Let's create the 3rd amendment, and use the Billions of unappropriated $ to fund the unfunded parts of Obamacare.
House of Reps: No we're suing
Judge: The House is right. But you can keep sending subsidy payments if you appeal.
Obama: We're appealing the decision.
Idiots: The NWS has nothing to do with Obamacare- there is no proof.
Secretary of Treas: Obama used money from Fannie and Freddie to pay Obamacare subsidy payments.
Idiots: Just because the Sec of Treasury say so, doesn't make it true... :)
Sure they're not.... ;)
https://twitter.com/GH2002GH/status/913281417274122240
By the way.... we're headed higher today. But it's nothing to do with the illegal subsidies being stopped that were illegally taking property from FNMA shareholders... lol!
Great selection and some great trivia about the song posted on Youtube..
"Shorts Are Crying" song. ... is a spiritual song first recorded in the 1920s. It became a standard campfire song on Wall Street and in Ivy League school summer camps during the big depression and enjoyed broader popularity by the elite as a tongue and cheek parody of the pain inflicted by Hank Paulson and crew on an unsuspecting public (see: Eton Park) after the Housing Crash and Gov Take over of Fannie and Freddie.
I fully concur....
This just seems appropriate this morning. :)
Trump Further Dismantles Obamacare Overnight, Ending Illegal Cost-Sharing Payments https://t.co/yxT3O5j27k
— CNSNews (@cnsnews) October 13, 2017
It will have an impact, how much of a numerical impact is a guess.
Thanks for the reply
Oh ok, I thought I missed something else.
If I remember correctly, there was a sell off with last big news as well.
What news if you don't mind?