Politics Americans being forced to eat healthy food, Wall Street says we need more junk food

Discussion in 'Blazers OT Forum' started by SlyPokerDog, Feb 4, 2017.

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  1. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Yeah, right. Keep the insults coming.

    Lead by example.
     
    Denny Crane, Feb 5, 2017
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  2. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    That's not a bad thing.
     
    SlyPokerDog, Feb 5, 2017
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  3. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    I said you were the winner.



    And I've said many times I'm the worse mod this or any forum has ever had.
     
    SlyPokerDog, Feb 5, 2017
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  4. Shaboid

    Shaboid Well-Known Member

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    The bailout precedent has already been set, unfortunately. Might as well have some rules. :dunno:

    Don't get me wrong, I will wait the 120 days and evaluate Trump's decisions from a policy standpoint. I don't enjoy politics enough to look at everything as a partisan issue, but I get your point here. Corrupt politicians hand in hand with corrupt bankers, this administration doesn't provide much hope either, as far as I'm concerned.

    Sidenote, I remember my Finance professor saying 2008-9ish saying, "You guys are screwed." That same day I declared Accounting Information Systems as my dual major. Learning about all that stuff right as is was happening made me legit sick to my stomach.

    That's not how you play? My older brothers are assholes.
     
    Shaboid, Feb 5, 2017
    #24
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  5. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    We thought we were rebels by making it so you win all the paid fines when you land on Free Parking.
     
    SlyPokerDog, Feb 5, 2017
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  6. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    I didn't favor the bailouts. Most of the people who I know who are smart about finance didn't either.

    Fannie and Freddie are there to buy up mortgages so the banks' money isn't all tied up in holding mortgages for 30 years each. This frees up money to lend more.

    So these quasi-governmental agencies do provide some service. The issue was forcing them to take an ever increasing % of the loans they bought as bad loans. This was regulated all along, just the % bad loans required was increased.

    Even without Freddie and Fannie, there are plenty of private sector (REIT type) businesses that would step up and buy good debt.

    Analy Capital, American Capital Agency, and ONEOK are three off the top of my head. These businesses buy mortgages and hedge against them. They pay a really high return as dividend. These businesses survived the 2008 crisis without going under.

    Note, the stock price has fallen, but the Dividend has not. It's been cut in dollar terms, but has been ~11.5% return, throughout.

    upload_2017-2-5_13-56-7.png

    upload_2017-2-5_13-56-41.png

    upload_2017-2-5_13-57-6.png
     
    Denny Crane, Feb 5, 2017
    #26
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  7. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    For comparison:

    upload_2017-2-5_13-58-19.png

    Smaller market cap than the other three.
     
    Denny Crane, Feb 5, 2017
    #27
  8. Shaboid

    Shaboid Well-Known Member

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    I never said I favored the bailouts. Not sure if that's what you were implying.

    You kinda made my point though above in bold, the service that the government provides was taken advantage of by those banks.

    I'm all for REITs buying these MBSs, less risk to my future tax dollars and they would do it better. If Munchen does halt Fannie and Freddie like I've heard, I hope it's successful.
     
    Shaboid, Feb 5, 2017
    #28
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