IYF Forum Topics
- All Comments on IYF
- General Discussion on IYF
- Financials: How - And When - We Reached the Bottom [view article]
- Financials Have Bottomed? Readers Say We're Nuts [view article]
- Financials Future Still Uncertain [view article]
- The Calm Before the Next Bank Storm [view article]
- Scarlett O'Hara, Doris Day and Financial Market Tumult [view article]
- Apple: Dead Last In Exploited Horse Race? [view article]
- Speed with Which Financials Have Fallen Is Disconcerting [view article]
- Writedowns and Capital Raised by Financial Firms [view article]
- Speculation, Swaps and the Price of Oil [view article]
- Time to Exempt Mortgage Securities from Mark-to-Market Rules [view article]
- Financials Down 6.1% - Like the Days of the Tech Bust? [view article]
- NAR's Lawrence Yun Continues to Mislead on Housing [view article]
Recent IYF Articles
- Financials Have Bottomed? Readers Say We're Nuts
- Financials Future Still Uncertain
- Financials: How - And When - We Reached the Bottom
- The Calm Before the Next Bank Storm
- Scarlett O'Hara, Doris Day and Financial Market Tumult
- Financial Recovery? Time to Wait and See
- Citigroup Posts Large Loss, but Outlook for Financials Improving
- Apple: Dead Last In Exploited Horse Race?
- All Is Well , Madame la Marquise
- Speed with Which Financials Have Fallen Is Disconcerting
- Full List of Articles »
loading ...
Wall Street Says 'Oops' [view article]
What gets me is no one seemed to see this coming.I was short the financials all year and got stopped out over and over again,while the stooges on cnbc were saying the bottom is in,buy,buy,buy.. ReplyWall Street Says 'Oops' [view article]
That Cramer video is sickening. It's too bad so many people blindly follow his picks. Reply5
Wall Street Says 'Oops' [view article]
The Fed protects the status quo which has been crooked since 1913. Fractional reserve banking is just a sophisticated form of counterfeiting. The Fed exists to allow the banks to get away with it without worrying too much about bank runs.People talk about sustainable this, sustainable that. How about a sustainable economy built on an honest banking system?
Too radical? Maybe you won't think so in the next couple of years. Reply
Tiedeman
Wall Street Says 'Oops' [view article]
Look, if anyone thinks the U.S. economy or the market is going up now, they are nuts. We are going into a deep hole. When was the last time every major industry was being crushed: Autos, Housing, Manufacturing, Finance, Construction, etc. We are in a big mess. We are likely to stay in this mess for a few years, not months. The big banks are broke. The lost their lending ability because of sub prime. No lending, no economy. People wonder what the Fed protects the banks. Folks, in Circa 2008 America we need the banks strong. Period. ReplyWall Street Says 'Oops' [view article]
hey, we got tax cuts didn't we? and we have a nice little war going on to help us out too. what's to complain about when you get tax cuts and war at the same time?as for cnbc, you must understand that its bullish slant has nothing to do with making money in the market...its all about patriotism. we all know that market bears are unpatriotic.
as for cramer, his show is not about investing. it's an infomercial for his books. he works in the world's oldest profession...selling himself. Reply
5
Wall Street Says 'Oops' [view article]
Here it is 2008 and still we have booms and busts. tsk, tsk.Who would guess that a banking system built on fraud and theft via inflation would cause serious problems. Let's see
von Mises, Hayak, Rothbard, Hazlette and history since 1694.
I thought honesty was the best policy? Reply
Tiedeman
Wall Street Says 'Oops' [view article]
And it is not over. We are in for 18 months of hell. ReplyWall Street Says 'Oops' [view article]
Today did the "punge protection team" saved the day? Selling Gold and buying bank stocks and select techs to stop the markets fall? It all happened at the same time three hours after the markets opened. ReplyWall Street Says 'Oops' [view article]
Have 30 days of food, buy a gun or ammo if you can't afford to buy a property 50 miles from the nearest major metro. Things are going to implode but it will be over quickly and rebuilding can proceed. During, the mob isn't very nice when society breaks down. Look at New Orleans and people's behavior.Wal Mart was the biggest hero to get water and medical supplies to the population. Consider government response time and lack of leadership. It may be a couple of months before you get your first rations of yellow cheese and wheat pasta.
This is what happens when 51% of the GDP (government and megacorporations) don't consider throwing a bone to entrepenuars and the working class, it was raw selfishness. Our nation no longer plans 20 years out, we live for today and now a painful tomorrow has begun. Quite a shame actually, in the age of the supercomputer and access to human behavioral prediction models we have no excuse. Reply
Writedowns and Capital Raised by Financial Firms [view article]
I might agree with squash...It could also mean that the firms on the right side of your graph haven't been as forthcoming with their writedowns as others and may just be the other shoe that drops late in the year. ReplyThe Bursting of the Non-Bubble? [view article]
If the graph compared tech stocks with housing prices the bubbles may look more alike. ReplyThe Bursting of the Non-Bubble? [view article]
The problem with the financials is that they are leveraged all to heck and gone. When you "own" 20-30 times as much as your real assets, it's easy to go bankrupt when the bubble pops. ReplyWritedowns and Capital Raised by Financial Firms [view article]
interesting the way they decided to change their accounting so that loans are not delinquent until 180 days instead of 120. Very shady.Also beware their black box of tier 3 assets. Reply
Writedowns and Capital Raised by Financial Firms [view article]
Good luck staying solvent with Wells Fargo. They are overextended in the worst real estate markets with a growing percentage of non-performing loans. Alt-A will finish them off. ReplyThe Bursting of the Non-Bubble? [view article]
So true. But so many banks aren't lending money and on top of that consumers aren't borrowing. So how will banks make any money over the coming years?That should definitely be taken into consideration when discussing financials.
No matter though, because there is no hope in the long run to save our nation from its steady and definite decline, i.e, our nation as we've known it.
For as long as so many people want to keep leftists in power so that they can create more government to combat the problems and disasters that their government programs and legislation caused in the first place, we are eventually doomed economically.
And government bureaucrats do this over and over, but always wiggle out of what they've done by blaming private industry (Big Oil, Big Pharma, and the like, and of course a bogeyman such as Bush or Cheney or Rove), and the people for what they have brought about.
With the help of the Marxist media, the people then yell for the government to do even more, thus causing problems that will have to be faced in the future—and that means more government rules, regulation, and legislation that brainwashed parrots scream for.
And clearly, it doesn't help sending our forces around the world to carry out other nation's wars for them. You can't blame Bush for all of this either. The Dumborats in Congress voted to go get the Toy Tiger in Iraq (except for the members of the Black Caucus, which only votes for bills to punish American businesses and individuals); and Bush didn't put troops and bases in over 140 nations around the world. They were there when he took office.
Meanwhile, America has an invasion from the south, crashing stock markets and the dollar, along with hyper-inflation, declining property values, exploding crime (see Sean Hannity's America from Sunday, June 22, `08), and energy and food prices nearly equalling Germany's in the 1920s.
Enjoy the ride, especially those of you who're calling for even more leftists to take over so they can create more government to punish businesses and anyone else who is succeeding in the private sector.
Parasites engender more parasites of different types, because when one begins its feeding, it weakens the host, which invites even more suckers to the party. The host soon withers to nothing. Consider the American people the host. Reply