Bueller? Bueller? Ben needs to go back to acting!! Actually I'm in agreement with Ben on his point regarding the economy. However, the reality is that the loan mods are not going to help us out of this, nor are new loans. We've got people seriously underwater and they either have to walk or get a principal reduction. Either way, the end result is that the 1/2 of the loan portfolios are worth $.60 on the $1.00. At some point we all have to wake up to that fact.
But do we want the "extremely ill" patient to start a marathon in soaky weather in full swing? - - - just like taking on a Trillion-Dollar health care "Reform or Overhaul"? Or another "Immigration Reform" when unemployment is heading anything but north, and more north?
Archman Investor: Interesting: Even w/ the "B" team trading desks, todays volume is going to be very high for a black Friday. Is it PPT time yet? Maybe @ 12PM
6 minutes ago
InTheMoneyStocks.com: ING remains weak. ING looks to have strong support on all time frames at 9.00. However, the 10.00 level has held up so far today.
21 minutes ago
rick flair: VGZ.to--best gold stock/ounce now...
EC.v-still holding, awaiting news..
30 minutes ago
InTheMoneyStocks.com: The Dollar has fallen since the opening bell giving support to the markets.Its still all about the dollar regardless of the news in Dubai.
This news story has 8 comments:
How can any rational thought conclude otherwise?
On Jul 13 03:29 PM EX-AD-MAN wrote:
> Ben Stein is a professional entertainer. End of story. We have GOT
> to clean up Seeking Alpha so as to avoid this kind of crap. Editors?
> Help.
But do we want the "extremely ill" patient to start a marathon in soaky weather in full swing? - - - just like taking on a Trillion-Dollar health care "Reform or Overhaul"? Or another "Immigration Reform" when unemployment is heading anything but north, and more north?
When will common sense prevail?