Surfer1104

Why Ford Will Make It

I traded in my Acura RL for a new Lincoln and I was amazed at the amount of options on the Lincoln and low price compared to the new Acura. No Acura is worth 50K,,, not for sheet metal wrapped around a 6 cylinder engine. I have a healthy ego so I do not need to overpay for a foreign car emblem to prove that I am some sophisticaed buyer. I look at my saving account and smile .

HSBC (HBC) plans to cease U.S. personal loans and mortgages, but will continue to provide credit cards. (WSJ)

I wonder why? Maybe because most homeowners are ready to mail in their house keys if they see there over levereged neighbor getting a handout for not managing their money properly.

Dr. Doom Responds on Wells Fargo

Roubini has no private investment success. Where was his commentaries prior to the market meltdown. Now he tries to peddle himself as some prophet of wall street doom and gloom. He should stick to reading text books and instructing students. His latest flaws in his calls on banks makes him look more like a court jester than a sophisticated walls street analysist.

Cramer's Stop Trading! Will the Banks Be Nationalized? (1/15/09)

What else should we expect. We have Wallstreet running the Whitehouse. We have Goldman Sacks executives all becomming politicans. The elitists of society will now convince us that big government is the only route to ending our problems. The politicans will tax us and divide our weath among the masses. Sounds to me like Carl Marx 101..

Ten Top Value Traps with Unreasonably High Dividends

I think what the auto of this article may be refering to is when Crammer from CNBC is promoting stocks like Financials for dividends and the stock crashes so that Cramer can cash in on his personal trusts postions. I consider him to be the piped pipper for bad investment. I think if everyone who listened to his advice over the years calculated their losses he would make Madoff look like an innocent chior boy .

Harvard Endowment 2008 Performance

The commodity bubble scenario is a propagated fantasy developed by the lack of understanding of bubble head financial CNBC. We are in a long term commodity bull market with China an India leading the consumption of commodities.

The 'Peak Oil' Myth: New Oil Is Plentiful

The only problem is that demand for oil is increasing faster than supplies being brought on line. China and India consumption increases are absorbing any energy reduction from the west. And lets not forget about the declining oil output from the mature 8 major oil fields around the world.

Peter Schiff on the Housing Market and the Rescue Plan

I owned several condo's in Myrtle Beach , within 5 years both condo's almost tripled in price. I was fortunate to unload one condo the unsold condo is up for sale at the same price I bought it for 6 years ago and no buyer inquiries. In fact the price of ocean front condo's in Myrtle Beach can be bought for unheard of prices by desperate sellers who overpaid for them and financed the purchased with exotic adjustable rate , no money down , interest only loans hoping to flip the condo now the owners are stuck. I know some buyers who who used their lump some pensions payouts to buy condo's hoping to double their money. Now these people are stuck with condo's they overpaid for, cannot sell and have their retirement money all invested in properties they cannot sell. I can only imagine how many people are getting burned daily around the country who got caught up in the Greenspan bubble.