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wpdsr001

wpdsr001
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  • Senate bill would wind down Frannie [View news story]
    That's fine, I am all for government getting out of what should be private business.

    But as usual, the Geniuses in Washington failed to put anything in place to take up the slack.

    If they did not destroy the housing market through mortgages the first, they will complete the job this time.

    Damn
    Mar 11, 2014. 05:35 PM | Likes Like |Link to Comment
  • Berkowitz dismisses rationale for GSE "profit sweep" [View news story]
    As I have repeated over and over again, this issue needs to go (fast track) to the U.S. Supreme Court.

    First: To protect and indemnify the current stockholders.

    Second: To set a precedent that this does not ever happen again to a US company or stockholder.
    Mar 10, 2014. 02:20 PM | 5 Likes Like |Link to Comment
  • WSJ: Sprint has second thoughts about T-Mobile deal [View news story]
    Very alarming trend seems like it is happening again to the American Free Market Capitalism System. The U.S. Government should not and I doubt does not have the (ultimate) legal authority to tell private enterprise how they can compete in this society. Competition was never addressed or prohibited in the Constitution.
    As I have said in several posts that this question needs to bypass lower courts and go directly to the United States Supreme Court. By the way the U.S. Government lost their right to tell the companies how they could compete once they sold the airway rights.
    Feb 11, 2014. 02:08 AM | Likes Like |Link to Comment
  • Sprint rallies; banks reportedly prepping financing for T-Mobile bid [View news story]
    Sorry you see it that way but for traders that think only about trading and nothing else I can understand.

    From a different point of view I see the long over due consolidation of the wireless and data industry.

    With four, five or six wireless providers all we have to look forward to is more manipulator traders.

    What about creating an industry with solid players, respectable stocks and dividends.

    We see things differently.
    Dec 20, 2013. 05:10 PM | Likes Like |Link to Comment
  • Sprint rallies; banks reportedly prepping financing for T-Mobile bid [View news story]
    The time has come for all wireless cellular consumers to take a stand. For way to long we have had to live in a very fragmented communication system here in America.

    Part has been due to free enterprise but a large part has been due to the over zealous regulatory system. The time has come for them to back off.

    We now have a chance to create a three competitor, highly structured and financed stable group of companies to provide wireless data and voice communication in the United States.

    The regulators need to look at this potential merger not from their own self interest but from the prospective of the average United States Citizen.

    All United States Citizens and Consumers need to follow this story very closely.
    Dec 20, 2013. 03:01 PM | Likes Like |Link to Comment
  • Dish reportedly considering 2014 T-Mobile bid [View news story]
    Well it is time to settle this mess and finally get a reliable phone, wireless and data communication system in the US.

    Overtime Dish has proven to be to messy in its accusation process and this should cost them their place in line.

    A Sprint / T-Mobile merger makes good sense. That will give the US three well structured and solid communication companies to provide services to its citizens. That's a good balance.
    Dec 18, 2013. 04:56 PM | Likes Like |Link to Comment
  • Fannie Mae: This Dog Is For Traders Only [View article]
    Jason, I am a trader and do not buy "dogs". I have always believed that "value never looses value" even over the long haul.

    FNMA today is the only business worldwide that I know owns almost all US home mortgages, both good and bad.

    You truly are a "Day Trader".
    Nov 4, 2013. 11:37 AM | 5 Likes Like |Link to Comment
  • F&F Earn Billions In Dividends, Swept To Treasury [View article]
    Once again this is "Taxation without Representation".

    This needs to go to the Supreme Court to stop the Government from seizing profits from private companies and using it to fund the treasury when they cannot raise taxes.

    Now that's a real "Tea Party" issue.
    Oct 31, 2013. 12:52 PM | 3 Likes Like |Link to Comment
  • A Few Things To Consider When It Comes To T-Mobile [View article]
    Heather, I am a 67 year old retired from academic medicine with 4 children and 9 grandchildren. I have three degrees and forty years of experience. I have always traded.

    I have read your bio and can say one thing to you. Good for you !!

    I liked your article.
    Oct 7, 2013. 01:44 PM | 2 Likes Like |Link to Comment
  • Ergen: T-Mobile could be Dish's only M&A option [View news story]
    I would rather see Dish Network go into the Satellite High Speed Internet business. There are only two, maybe three Satellite Internet providers today with only a few customers each giving Dish plenty of room to grow.

    The wireless phone business is getting crowded with 3 maybe 4 major players. They will always be fighting to get each others market share.

    Buy one of the High Speed Internet Satellite companies and blend it into the Dish Network. This will create a company where the average consumer can go to get TV programming, High Speed Internet, and even some limited phone (Skype).

    Dish can then offer this services as an a la cart service and let the consumer choose what they want. None of this manipulating around mess called bundling.
    Aug 6, 2013. 04:20 PM | Likes Like |Link to Comment
  • Which Cell Carrier Will Win Your Upgrade? [View article]
    Well we are halfway there. The wireless providers are still manipulating around with the every six months, no-contracts, insurance, etc..

    Eventually I would like see everyone be able to buy their own phone from where ever they want (Sears, Radio Shack, Amazon, Best Buy) and then go to the provider they like to find the offers and services that fits there needs and pay for only what they get.

    You see I am functionally deaf and only need text and data. There are other people that only want a phone just to talk on, believe it or not.

    I think they call it al la cart and the cable and satellite TV people will be next. Don't tell me we do not have the technology. If we don't the NSA might loan us some until we do.

    The wireless providers can still sell phones if they want to but I bet you they will be cheaper than they are now.
    Aug 2, 2013. 05:28 PM | Likes Like |Link to Comment
  • "The federal government is currently seizing the substantial profits (of the GSEs), taking for itself the property and potential gains of private investors the government induced to help prop up (Fannie Mae FNMA.OB and Freddie Mac FMCC.OB), writes Ted Olson, explaining why he sued on behalf of Perry Capital to stop the practice. Current estimates suggest the government will recover $51B more than it invested over the next decade. [View news story]
    As I have written on other occasions in comments. This action by the Federal Government needs to go to the Supreme Court so as to finally get the Government out of seizing companies (FNMA, GM,etc) and their profits.

    If government cannot raise taxes, they now have figured out how to seize private business and extract their money.
    Jul 24, 2013. 12:06 PM | 3 Likes Like |Link to Comment
  • A Bullish Case For Fannie Mae [View article]
    If the Government was Honorable (?) and wanted to change the mortgage system, then sell the loans back to the banks at "Fair Market Value". Do not sell the companies (Fannie & Freddie) at pennies on the dollar to the banks.

    Once Fannie and Freddie have sold most of their loans, liquidate the companies and distribute the money among the shareholders.
    Jul 11, 2013. 12:23 PM | Likes Like |Link to Comment
  • A Bullish Case For Fannie Mae [View article]
    As I wrote in another article comment, this situation needs to be challenged in Court and eventually the Supreme Court to once and for all remove Government from private investor businesses.

    Government steps in an takes control of businesses with non-borrowed money (taxes) and pushes aside private money (Investors) and then takes most of the profits. The worst part is government writes all the rules. An even worse than that is it is done by people (Congress) that have less than a 15% approval of the electorate.
    Jul 11, 2013. 10:49 AM | 3 Likes Like |Link to Comment
  • Hedge fund Perry Capital is leading a group of investors in suing the Treasury and the Federal Housing Finance Agency over allegedly improper changes to Fannie Mae's (FNMA.OB) and Freddie Mac's (FMCC.OB) bailout terms that forces the companies to give the government most of their profits instead of paying quarterly dividends of 10%. The lawsuit says the news terms prevent Fannie and Freddie from accumulating the capital that could allow them to buy back the the government's shares. [View news story]
    I strongly support this. Investors of American needs to take the Federal and State Government to court, all the way to the Supreme Court, and finally get them out of Private Business.

    They use non-borrowed money (taxes) to compete with private money (investors) and then takes most of the profits.
    Jul 8, 2013. 10:50 AM | 1 Like Like |Link to Comment
COMMENTS STATS
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