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Surly Bevo

Burnt Ends
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Everything posted by Surly Bevo

  1. Man you gotta feel for Smith. I know most here think about Dotard in some form or fashion every day. Can you imagine having to WORK on the motherfucker every day?
  2. The problem for UWM or others like them is that they don't have "deep pockets". They have great access to credit via their warehouse lines but for them or anybody else in that game if that were to go away the game is up and right quick. The basic allegation is that the arrangement post "ultimatum" (or whatever you want to call it) has lead brokers to deliver in many instances substantially all of their loans to UWM when a better option for the consumer cost-wise was available thus breaking the general fiduciary duty an independent broker has to their client's best interests above their own. Now that said read another article last night that the collaborators on the research and article I posted have a significant short position in UWM (of course) but I am reminded that Burry, Eisman, Lippman et al also had significant short positions underpinning their motivations.....didn't make them wrong. So who knows, but could be interesting to see how it all plays out.
  3. True, though counterpoint is plenty of mob bosses have continued to run their money-making empire from a cell.
  4. For the muckraker article... https://hntrbrk.com/uwm/
  5. Donald Trump pondering losing the election enabling him to maximize the grift....
  6. It’s all still really simple, no matter your station in life. If you meet an asshole in the morning, you met an asshole. If you meet assholes all day, every day…you’re the asshole. Present company excepted.
  7. Yep grew up in Dallas, learning to drive at 15 with my permit. Had maybe done a week or so of driving around the neighborhoods etc and mom directs me to Mockingbird and Central and said something like, "you're gonna have to do this so no sense in avoiding it"
  8. The Repulicans have a candidate for POTUS who has a liquor store dunking on his head....what a fucking world.
  9. Point of parliamentary procedure. The shareholder in the GSEs is the Treasury, less some of the profits they now allow them to keep to build up capital reserves.
  10. In the food delivery system the customers are represented by two separate yet equally important groups. The drivers who deliver the food and the dogs who attack the drivers. These are their stories.
  11. Counterpoint, voters are more informed than ever, but It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so. (side note, beginning of The Big Short uses this quote brilliantly by posting it at the beginning of the movie and then attributing it to Mark Twain, when there is no evidence Twain ever said such a thing)
  12. Media loves to sell a horse race. Even if one of the horses needs to be taken out back and shot.
  13. Bond was covered by insurance company out of California.
  14. He killed himself down in Florida and on the third day he rose again to scuttle the Saban deal.
  15. Shocker...he came up with the bond.
  16. On that part of 75 that is lowered there really isn't a lot of space for a cop to stop and sit. Everything is all walled in, yea there is a shoulder but it's thin and wouldn't think they want to hang out there.
  17. Including the United States of America.....unfortunately.
  18. I didn't see T Swift in the dashcam video, we sure it was the Chiefs guy?
  19. So, we still have a Leclerc problem....
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