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  • Weyerhaeuser's Reaction Indicates the End of the Rally Is Near [View article]
    I saw some interesting data last week from John Mauldin that indicated that 2009 will show a respite from residential mortgage resets. However, the same data showed that in 2010, residential mortgage resets will begin again in earnest, peaking in 2011 at even higher levels than during 2007 and 2008! Thus suggests that more pain is yet to come.
    May 06 06:17 am |Rating: +6 -2 |Link to Comment
  • Another Big Bank Failure: More Likely Than Not to Occur [View article]
    The Fed is printing too much, Congress is spending too much, and the Treasury is borrowing too much. That is all I need to know to be certain the end will be UGLY!
    Dec 31 16:20 pm |Rating: +3 0 |Link to Comment
  • Another Big Bank Failure: More Likely Than Not to Occur [View article]
    The entire banking system is insolvent, not just a handful of banks. Even the FDIC is insolvent. It simply doesn't have the funds in its trust to cover the deposits it insures. It is inevitable that more big banks will fail, and eventually, we will all wake up to the reality that the government can't cover it all. Who is going to bail out the government? We have seen the enemy, and unfortunately, the enemy is US!
    Dec 31 16:08 pm |Rating: +5 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    I really enjoy reading this daily digest of important news. Thanks!
    Mar 10 11:02 am |Rating: 0 0 |Link to Comment
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