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  • Just thinking recovery won’t make it happen: "Everybody’s talking recovery, but nobody’s talking about what will drive it."  [View news story]
    All bubbles are based on "perception of reality", rather than actual reality itself.

    The current "recovery" bubble in the equity markets is no different..
    Jun 08 13:44 pm |Rating: 0 0 |Link to Comment
  • High End Home Market Still Has Further to Fall [View article]
    "The bigger they come, the harder they fall--one and all."
    --Jimmy Cliff
    Jun 04 20:01 pm |Rating: +2 0 |Link to Comment
  • Aside from Bonnie & Clyde and a few other small-time bank robbers, when has it been any different?

    I mean AFTER Republicans deregulated banking.
    Jun 04 17:11 pm |Rating: +8 -15 |Link to Comment
  • Mean Street's Evan Newmark thinks TARP architect Hank Paulson is a national hero. Really.  [View news story]
    Right up there in the Hall of Heros!

    With Alan Greenspan, Phil & Wendy Gramm & Ronald Raygun!!!

    Chief Architects of the George W. Bush Depression..
    Jun 03 18:40 pm |Rating: +2 -6 |Link to Comment
  • A little-noticed addendum to the FHA's home-loan program will let first-time home buyers use their $8,000 tax credit for downpayments or closing costs, effectively reincarnating zero-down loans. Those critters, of course, were blamed for sparking this whole mess in the first place.  [View news story]
    NO MONEY DOWN???

    Now my kittenz can be rich, 2!!!
    Jun 03 18:15 pm |Rating: 0 0 |Link to Comment
  • GM Drives Hummer to China [View article]
    >HUMMER WAS A HIGHLY PROFITABLE BRAND FOR GM...UNTIL THE HIGH GASOLINE PRICES KILLED IT!

    Actually, the EV1 was a VERY popular car--until GM/Republicans/Bush Administration/Enron killed it and opened a Hummer plant.

    Essentially, by crushing the EV1, GM crushed itself.
    www.ev1.org/
    Jun 03 14:07 pm |Rating: +1 -1 |Link to Comment
  • Two Hedge Funds Close Shop [View article]
    Bernie Madoof wept.
    Jun 03 12:28 pm |Rating: 0 -3 |Link to Comment
  • Las Vegas Sands (LVS -6.2%) says it is looking to restart its $12B Macau casino/resort project. "There are obviously improving conditions in the capital and financial markets and we intend to take advantage of that."  [View news story]
    12 Billion?

    That's a lot of people bad at math.

    I know...maybe they will have special promotional deals for Homeowners?
    Jun 03 11:41 am |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    >The most interesting thing about this street corner game is that the fellow with the shells and pea is the president of the United States. And the people continue to watch and play his game

    Oh yeah!

    Most people done left the Republican party almost 30 years ago when the St. Reagan Administration initiative Garn-St. Germain Depository Institutions Act of 1982 made ARM loans legal and loosened down payment requirements paving the way to NO MONEY DOWN loans.

    Yeah, that's the day when keen observers like you left the Republican party shellgame...

    en.wikipedia.org/wiki/...
    Jun 02 16:19 pm |Rating: +1 -1 |Link to Comment
  • James Hamilton: 'Do recently rising oil prices signal a resurgence of economic growth?'  [View news story]
    Do falling tax rates signal economic growth?

    The tax rates fell quite a bit during the last 8 years.

    Wheeeeeeeeeeeeeeeere's our economic growth?

    Another CON-servative urban myth falls hard...
    Jun 01 19:09 pm |Rating: 0 0 |Link to Comment
  • The Fed has bought over $480B in mortgage-backed securities since last fall, and is now underwater on its portfolio by around 1%. Meanwhile the purchases, which were meant to keep mortgage rates low, have had only a fleeting impact.  [View news story]
    >underwater on its portfolio by around 1%

    Nothing more than statistical "noise".

    Sounds like they "got it right".
    Jun 01 19:07 pm |Rating: 0 -3 |Link to Comment
  • China, Don't Believe Turbo Tax Tim [View article]
    At least "Turbo Tax Tim" didn't give China a SPYPLANE like Little Boots did....
    Jun 01 15:22 pm |Rating: +2 -6 |Link to Comment
  • China, Don't Believe Turbo Tax Tim [View article]
    >In fact, I suspect...

    Speculation? Opinion?

    Of who?

    A loser who voted for McCain!

    Give it up for someone who wanted to "double down" on the diasterous Bush policies because American needs more failure, not less!

    Clueless, they continue onward through the Fog....
    Jun 01 15:20 pm |Rating: 0 -12 |Link to Comment
  • Geithner's Obeisance to Chinese Officials Reveals U.S. Weakness  [View article]
    >Well said! Whether its bowing to the Saudi King or to the Chinese, the US government officials are acting like they need to borrow a lot more money

    I take it you've just woken up from a long 100 year nappie?

    Where were you when BUSH APOLOGIZED to China because they TOOK OUR SPYPLANE and our Military personell hostage?????

    March 31, 2001: US Spy Plane Crashes in China; Chinese Strip Plane of Sensitive Equipment
    April 4-5, 2001: Powell Expresses ‘Regret’ Over US Spy Plane Crash
    April 6-7, 2001: US, China Still in Dispute Over Spy Plane Collision and Crew Detention
    April 8, 2001: US Refuses to Apologize for Collision of Spy Plane with Chinese Fighter

    Then...

    "Chinese officials approve the letter from US officials expressing regret over the incident, and early that morning, the crew members are released into American custody". [CNN, 4/2001]

    April 11, 2001: China Returns Crew of Downed US Spy Plane, Keeps Plane



    Jun 01 15:00 pm |Rating: +1 -7 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Blaming Obama for "wanting" to take over failed capitalistic endeavors is like blaming the fireman who show up at an arson to put out the fire.

    If the building ("private industry") wasn't already burning down to the ground, there would be no need to put out the fire.


    May 29 17:31 pm |Rating: 0 -1 |Link to Comment
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