Monday, July 31, 2017 7:03:23 PM
So far, every court has ruled that FHFA has acted within its powers, which apparently includes stripping the GSE's of their assets for the protection of the taxpayers. One exception is the remand to Lamberth for POSSIBLE contract breach. Those who attack and/or dismiss my posts confuse my efforts to be objective with bashing - yet the market confirms my skepticism with nary a change in the pps (traders might get off on a few pennies up and down but to me, that is noise).
I'm still hopeful that a REALLY damaging piece of evidence shows up that actually moves the market, but until then I guess I'll have to be satisfied with just being Halftime Harry watching from the sidelines, singing ...
10,000 secret docs hidden from view ... 10,000 secret docs
Take one out and pass it around ... 9,999 secret docs hidden from view
cheers
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