Podcast partners @1gregsher & @360coby “comrade Coby” are now singing a different tune..seems everyone now knows Pulte is great..but unlike some others, these guys committed a trifecta of offenses, insulting “the Turnaround King”, disparaging @FannieMae, @FreddieMac & advancing socialistic plans! Also, trying to play a super obvious game of good cop, bad cop.
Ps- I’ll be committing between 13-17 minutes per month on LinkedIn, the last bastion of unfair & unchecked criticism of great cos & people..I’ve asked friends to unfollow
Pps- considering a very SPECIAL Peter Schiff post tomorrow
$fmcc $fnma
The @FHFA title waiver program in one line: borrowers pay less, title companies earn less.
The big question is what it costs in losses years from now. Only a pilot answers that. Finding a better way takes the nerve to try one.
Credit to Director @pulte for leading on this.
Quick Fannie Mae & Freddie Mac history:
2008: Conservatorship begins.
2012: The "net-worth sweep" sends their profits away from the balance sheet to the Treasury, so no capital builds up.
2019: Trump changes the rules to make it right, eyeing a conservatorship exit, and they start keeping earnings.
2026: Trump is President and everyone is waiting on a conservatorship exit.
Promises made, promises kept? @pulte
🚨 BOOM: Senate and House Republicans just got sent this 8-POINT AMERICA FIRST PLAN to get done *BEFORE* Dems take power
$1 TRILLION in spending cuts proposed ‼️
- Pass a reconciliation bill (50 votes) for the deficit and tax relief
- Codify Trump's border policies, ban sanctuary cities
- Pass a continuing resolution to limit spending without poison pills
- Pass energy permitting reform
- Ban stock trading across the government, put term-limits on Congress
- Only pass fiscally responsible reauthorization bills
- Pass voter ID requirement for federal elections
- Confirm as many of Trump's nominees as possible
The reconciliation bill calls for at least $1 TRILLION in spending cuts 👏🏻
Republicans have until January 3rd — and the Freedom Caucus says DON'T leave town until it's done
WORK EVERY WAKING MOMENT.
We BARELY have enough time to even confirm the rest of Trump's judicial nominees, even if they worked all day every day
This is the last window before Democrats take over.
@pulte Now all you need is to ask Miller to tell Trump to tell Bessent to execute admin action for Fannie and Freddie to restructure the government’s equity and get things moving and hire ibankers. Partnering on key issues. Saving Fannie and Freddie from communists!
EXCLUSIVE: An internal Trump administration memo gives cabinet secretaries more control over their own messaging, a move insiders say dismantles former Chief of Staff Susie Wiles' near-total grip on communications.
New Chief of Staff Stephen Miller's shakeup renames the Cabinet Secretary role to Director of Cabinet Relations, focused on supporting, not controlling, agency leaders.
One source says the change is "unleashing the cabinet to be the captains of their own ship."
Full story here https://t.co/SgQOxBEjtg
$FNMA $FMCC
Take it easy, Comrade!!!
This is the very reason @BillAckman, @CaliRefugee1, & many others have been sounding the alarm on the danger of Fannie Mae & Freddie Mac going back under the control of a Democratic administration.
Their party is in the midst of a communist takeover. They see the massive profitability of F2 & salivate at the thought of plundering the twins again.
They're not even trying to hide it anymore.
@realDonaldTrump knows what's at stake. The steal must be reversed...and never allowed to happen again.
https://t.co/oRBwll61Sh