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birdyhoof

birdyhoof
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  • American Airlines Group signs deal with pilots [View news story]
    82 hours of flight time. Paid by flight time only. A 3 day Europe trip is anywhere from 15 to 20 hours. So, you have to go to Europe 4 to 5 times a month, depending. FWIW. It's still a good deal. Except when weather is horrible, you've been up all night, fuel is running low and you lose an engine. They typically earn their money on just a handful of hellacious situations. But you never know when it might happen.
    Jan 30, 2015. 02:27 PM | 4 Likes Like |Link to Comment
  • Buy American Airlines Before Earnings [View article]
    @Mitchad2-agreed, but you're missing the birdy inside scoop ;)
    Jan 22, 2015. 11:12 AM | Likes Like |Link to Comment
  • American Airlines and pilots go back to the table [View news story]
    Day Trader. Parker can not intervene. The arbitrator absolutely will cut. The arbitrator has no choice. Parker has no choice. The union has no choice. It's over. IMHO Parker made a huge mistake making the "weakest" group that really has been "knocked around brutally" go first in negotiations. The flight attendants have bit themselves in the butt. They will bite back one day. I don't approve. It's just how it is.
    Nov 25, 2014. 02:30 PM | Likes Like |Link to Comment
  • American Airlines and pilots go back to the table [View news story]
    @DayTrader. Prior to Nov 9th, I would have agreed with everything you said. Flight Attendants' negotiations are over. Flight Attendants went first and will suffer because of it. It's going to bite American Airlines one day.
    Nov 25, 2014. 10:13 AM | Likes Like |Link to Comment
  • American Airlines and pilots go back to the table [View news story]
    He already screwed it up. Flight Attendants. It will bite him in the butt one day. Too bad. He had a beautiful thing going.
    Nov 24, 2014. 03:38 PM | Likes Like |Link to Comment
  • Update: American Airlines Q3 Earnings Shows Strength In Lower Fuel [View article]
    Labor unrest. Unfortunate.
    Nov 1, 2014. 07:20 AM | Likes Like |Link to Comment
  • GSEs near deal to re-ignite mortgage lending [View news story]
    What an unbelievable mess.
    Oct 17, 2014. 03:12 PM | 2 Likes Like |Link to Comment
  • FHFA Promotes President Obama's Housing Program In Detroit [View article]
    Without full legislative "check" Obama will get what Obsma wants. I personally believe Obama wants to create permanent Washington control over housing, just as he has left his mark on health care. I'm voting republican. Lamberth blamed Congress. John Roberts blamed voters

    Our judicial branch is proving ineffective at stopping the government control of our society. FnF is in the hands of legislative and executive branches. Their fate is in OUR hands.
    Oct 3, 2014. 01:47 PM | 1 Like Like |Link to Comment
  • The Case For Fannie Mae: Unpacking The Motions For Summary Judgment [View article]
    Would love Charlie's legal opinion on the current derivatives ruling that stated only FHFA can sue on behalf of FNMA. It seems Jay Carney thinks its a big blow to Fairholme, Perry, and Ackman lawsuits.
    Sep 20, 2014. 08:22 AM | Likes Like |Link to Comment
  • The Case For Fannie Mae: Unpacking The Motions For Summary Judgment [View article]
    AAMRQ
    Sep 12, 2014. 10:21 AM | 2 Likes Like |Link to Comment
  • The Case For Fannie Mae: Unpacking The Motions For Summary Judgment [View article]
    Well said. Thanks tradingalpha. That's why Justice didn't go after the arsonists. They are the arsonists. I didn't say it earlier, but it is the truth. I know the financial system was a mess in 2008, but our officials holding the highest levels of power did illegal things to get us out of it. George Washington and John Adams wouldn't have done that. Good thing they created a checks and balance system where we have a way to fight. Go Fannie.
    Sep 10, 2014. 08:54 PM | 1 Like Like |Link to Comment
  • The Case For Fannie Mae: Unpacking The Motions For Summary Judgment [View article]
    dnpvd51
    I must not have explained well. The house did not burn down. It was saved just like FnF. The owners had homeowners insurance, maybe they have a claim. It is cleaned up and rebuilt. The arsonist goes to jail. The remaining family or heirs get the house. You don't get to buy the house, unless the owners sell it.

    The government or "taxpayers" as you call it do not get the equity in the house.

    In the FnF case, there's no doubt there were arsonists somewhere. It's just the justice department didn't go after them.
    Sep 10, 2014. 12:43 AM | 4 Likes Like |Link to Comment
  • The Case For Fannie Mae: Unpacking The Motions For Summary Judgment [View article]
    dnpvd51. Achman explained it best. You should look at his 110 slide presentation.

    I also think you should travel the world a bit and compare how many other nation-states "poor" people OWN housing at all. The USA is the best for the "poor"! Especially the working poor. All bcs of the policies of MBS bringing loads of capital to the US housing market, orchestrated by FnF. Private/public partnership working really well for decades.

    I do agree housing is too expensive for your average person these days, since the housing crisis. Cause? I'm not sure. Manipulated low interest rates perhaps? I hope these manipulations don't end badly one day....
    Sep 9, 2014. 11:25 AM | Likes Like |Link to Comment
  • The Case For Fannie Mae: Unpacking The Motions For Summary Judgment [View article]
    Taking the fire department analogy a bit further. Critics say AIG, FNMA burned THEMSELVES down with their policies, so since the govt had to bail them out, the "taxpayers" should get a piece.

    Not my logic, theirs. That would mean, if a head of household committed arson on his own house and the fire department put out the fire, the taxpayers should own a piece of that house, not the wife, not the kids, not the heirs. If you want to charge the estate for the cost of putting out the fire, fine, but govt ("taxpayers") is not entitled to the equity in the house.

    In my mind, not only is the sweep illegal, so are the warrants. Time will tell what the courts decide.

    Long FNMA.
    Sep 9, 2014. 11:12 AM | 3 Likes Like |Link to Comment
  • It's Independence Day For Fannie And Freddie [View article]
    Just had a face to face conversation with Ken Cuchinelli (he was introducing Rand Paul) in No VA. The Republican Party line is definitely on the side that FnF are squarely to blame for the housing crisis and that they will be wound down, being replaced 100% with private capital.

    I hope he just hasn't gotten the memo yet that turning the entire mortgage market to the banks would be a huge blow to the US economy. IMHO the numbers say we need that first time home buyer continually entering the housing market to keep the housing market humming along.

    The tea party has got this all wrong, again IMHO.

    Even if courts rule "right" in the lawsuits, can't congress strike it all down with the stroke of a pen?
    Jul 24, 2014. 08:23 AM | Likes Like |Link to Comment
COMMENTS STATS
42 Comments
54 Likes