Stephen Peet

I have some thoughts on that.
#WritingCommunity

[Stephen Peet @peet_ink]

As we watch the MAGA v. MAGA soap opera swell, this short, comic fable I wrote a few years back is starting to feel prescient.

[Stephen Peet @peet_ink]

@HawleyMO Like you, my second nephew twice removed is a self-loathing, closeted gay man. However, he lacks the cold, irrational hate for normal/decent people like you and @StephenM and the late Sen. Ladybug. Could you offer some tips to help bring him to your level of cuntiness?

[celis @MythusCelis]

$FNMA $FMCC
@realDonaldTrump @SecScottBessent @pulte 😊

A Simple Look at Fannie & Freddie’s Q2 Numbers

Based on Q2 results, FMCC generated roughly $5.85 in profit per share, which annualizes to about $23.38 per share.
FNMA generated roughly $3.45 per share, annualizing to about $13.82.
If we apply a conservative P/E multiple of 19 just for fun, and you get implied values of around $444.22 per share for $FMCC and $262.58 per share for $FNMA. Given numbers like these, the path forward seems obvious.
Treasury should acknowledge that the Senior Preferred Stock has effectively been paid in full, and cancel 50-60% of the warrants. Doing so would send a clear signal: the government is not in the business of taking value away from shareholders.
That kind of good faith matters, it’s what gives future investors the confidence to put capital into these companies again. And here’s the thing: even a smaller government stake wins actually more. If Treasury holds onto a reduced position instead of exercising the full 79% warrant stake, that smaller position can still grow to be worth more over time than the alternative where the government tries to extract maximum value by holding onto the full 79% and squeezing shareholders in the process. Everyone comes out ahead: the government still profits, shareholders keep more of the upside, and future investors trust the system enough to buy in.
Honestly, it’s not complicated. Everything here is simply way too simple.

[blue_eyes3532 @blue_eyes3532]

When are y’all gonna want everybody to have access to thriving companies like $FNMA $FMCC?

Cause at this point it looks like y’all are just circle jerking each other and not even trying to do anything. Between you coming out and constantly saying how great Fanny and Freddie are doing in between Trump saying they’re $1 trillion company but nothing being done………

I hope the midterms humble yalls asses

[Stephen Peet @peet_ink]

@KatieMiller You're dumb, you talk dumb and your kid is going to be dumb.

[Stephen Peet @peet_ink]

@HQNewsNow "Trump's brain is a rocky place where a brain cell can find no purchase." — H.I. McDunnough

[Matt Lieb?? @mattlieb]

This is incredible

[GSE News @GSE_NewsToday]

A likely and fair outcome with the ERCF is a 20% reduction in the capital requirements. With that $FNMA is already fully capitalized and meeting requirements.
1. Adjust the ERCF 2. Uplist to NYSE 3. Cancel the SPSPA 4. Make an exit plan for the conservatorship
@pulte @realDonaldTrump @SecScottBessent

[Stephen Peet @peet_ink]

@ThePPseedsShow How we know this is bullshit: it would be the right/smart thing to do.

[Guido da Costa Pereira @GuidoPerei]

It's got to be their INCOMPETENT Chairman. He also happens to be their Regulator and Conservator.

END COMMUNISM IN AMERICA!
FREE FANNIE!
FREE FREDDIE!

MAGA!

@POTUS @DirectorPulte @SecScottBessent @SecretaryTurner @howardlutnick @BillAckman @michaeljburry

[Murph V @MurphV150131]

@pulte No one cares. Everyone already knows these companies are insanely profitable and never needed the government's bullshit "loan." Still here we are as shareholders getting screwed daily by a corrupt government. FHFA built in 2008 to oversee the largest fraud in American history.

[Stephen Peet @peet_ink]

@pulte You're too dumb to realize every earnings report amplifies your incompetence and corruption. F2 powerhouses are still on the fetid OTC, still in c'ship. A half-wit director would have this cleaned up by now to right the travesty and boost housing. You suck. @potus, 86 this bum.

[Guido da Costa Pereira @GuidoPerei]

Easiest way to detect fraud is to look in the mirror. Treasury & FHFA looted $301 billion equity from Fannie Mae & Freddie Mac to fund pet projects not funded through Congress.

@POTUS @pulte @SecScottBessent @BillAckman @michaeljburry

[Guido da Costa Pereira @GuidoPerei]

@USTreasury https://t.co/jIRb8RTfeS

[Guido da Costa Pereira @GuidoPerei]

@POTUS @DirectorPulte @SecScottBessent @SecretaryTurner @howardlutnick @BillAckman

ONLY DAMN IDIOTS AND DAMN CROOKS WANT THE GOVERNMENT TO SWINDLE MORE FROM FANNIE AND FREDDIE!

Fannie and Freddie belong to the shareholders.

Ginnie Mae belongs to the government. Government can IPO Ginnie Mae. NOT FANNIE! NOT FREDDIE!

[Stephen Peet @peet_ink]

@kevinnbass If that's your diagnosis of Trump, maybe TTU med kicked you out for rank dumbassery.

[Stephen Peet @peet_ink]

@mehdirhasan We Veep fans know a Gary when we see one.

[Stephen Peet @peet_ink]

@pulte F2 bailed out Wall St. & got slapped into c-ship purgatory for their economy-saving efforts. 18 years and you continue to fight a jury verdict, abandon F2 to the OTC shithole & ignore all fiduciary duties to F2's owners. Enough vague-posting. S'holders deserve better from you.

[Guido da Costa Pereira @GuidoPerei]

THOSE DAMN RINOs:
Put Fannie Mae and Freddie Mac in a TEMPORARY conservatorship 18 years ago.
Continued with the Net Worth Swindle of their equity.
Fight in court to uphold the theft.
Plan on swindling another 80% of their equity.

[Stephen Peet @peet_ink]

@gtconway3d @soran0312_ Not enough info. Do the six holes in the front go all the way through or is there one big hole in the back?

[Guido da Costa Pereira @GuidoPerei]

And then @USTreasury & @FHFA made America COMMUNIST by putting Fannie Mae & Freddie Mac in a TEMPORARY conservatorship to loot their equity. $301 billion and counting!

FREE FANNIE!
FREE FREDDIE!
MAGA!

@POTUS @pulte @SecretaryTurner @howardlutnick @BillAckman @michaeljburry