Jimmy Lathrop

Thursday Market Preview: The Bears Are Firmly in Control

Isn't it interesting that the congressional mandate to provide affordable homes to anyone without six months of credit delinquencies through securitization of MBS resulted in a collapse of trade credit? We got the redistribution of wealth that we wanted! So why is everyone so unhappy? Oh that's right. Instead of some people being broke, now we're all broke. Misery loves company I guess. Bill Rogers is right. When you hear about Cabinet members secreting their cash into overseas markets, we have officially become a third world nation. Someone should set up some prop bets on which administration member is going to be caught hiding cash to avoid taxation You have until February to make your picks, so start research.