nobull

Bulk of FDIC-Insured Loan Portfolios Tied to Real Estate Market

And isnt it Sheila Bair's job as head of the F(Deposit Insurance)C, to check for the viability of these loans? If youre insuring deposits, you have to know what the risks are.

Obama's Housing Plan - What Will It Really Accomplish?

whats needed is for Fidel Obama to focus on jobs and stop handing out our money to gamblers. Saving foreclosures does zero for the economy.

Did the Fed Miss the Housing Decline?

Not sure I agree completely. They have always had an inflation bias - rather have inflation than slower growth, until it was too late. I well remember Greenspan when asked in 2004 about the housing price explosion saying "We are not concerned with asset price variations". This even though a "genius" like him should have realized how the price fluctuation in housing affects so many inflation price points. Not to mention the growth impact on the economy. And Ben was right there, egging him on with his policies, if u read the Fed transcripts.
Thats what infuriates me. Now that prices are low, they are concerned and are moving heaven and earth to "fix" it.

AvalonBay: Renters Are Doubling Up

What does "doubling up" mean? Is this about people sharing?
Avalons were always overpriced. Now their rents are coming down to the mean.

Homebuilders Agree: January Was A Good Month

"While the market is certainly not anywhere close to normal"
What do they expect as "normal"...it certainly aint gonna look like 2004 for another generation atleast, if thats what theyre hoping for.
That said, I do see a bottom forming, atleast for a year or so.

Barron's Takes Down Cramer, Again

Funny you should mention Google. That shows exactly what kind of trader he is. I bought GOOG at around 150. At the time, JC was berating Google, claiming its hyped and overpriced. Then when it got to 275 and showed no signs of slowing, he decided to hop on. Now suddenly he finds it compelling?
Theres no research there, its just jumping on a hot stock. Ofcourse now he goes around claiming GOOG as his pick.
He got lucky here because GOOG kept moving. Most other "picks" have already picked by the time he "spots" them.

On Feb 09 10:30 AM User 296829 wrote:

>He was calling the 100 point gains in Google.

Barron's Takes Down Cramer, Again

Cramer should stop touting his picks as investment ideas and more as "momentum plays". He picks up whats been hot lately. Sometimes it continues to be hot. More often than not, he's late to the party.

Barron's Takes Down Cramer, Again

The best point was the finding that you actually beat the market if you consistently SHORT the stocks he recommends as BUY.

Barron's Takes Down Cramer, Again

I think he's closer to 100 on the wrong side. So lets not start talking about Nostradamus. Worst part about Cramer is not his picks, but that he pretends to be an economist using his show to scream about his policy recommendations and make political points.


On Feb 08 05:06 PM Ant wrote:

> Besides the fact that Cramer admits that he gets things wrong, who
> on this planet, has called this crazy Market 100% right? This is

Cramer's Lightning Round - Starbucks Messes Up Cramer's Order (2/4/09)

This is his research on SBUX? Maybe they just didnt want to serve this obnoxious loudmouth. I ve tried McDonalds lattes - had to wash my mouth out and head straight to a Starbucks.

DAP: The Bad Idea That Won't Die

John,
DAP is a 2-headed monster. One, it enables people to get into homes beyond their means. Two, more dangerous, it gives them every incentive to walk out when prices drop, because they have nothing at stake.

How Far to a Housing Bottom?

Also, why does your chart show prices going UP in 2008?

How Far to a Housing Bottom?

You seem to forget we are in the era of great deleveraging now. Assets will continue to be sold and continue to be devalued for a few years to come.

New Home Prices vs. Median Income Chart

Are the numbers right? Looking historically, the ratio still seems high. If you read any of the financial advice books from before the insane bubble, the advice was not to exceed 3 times your annual income.



On Jan 20 08:32 AM Mike Carr wrote:

> What the chart shows is that when I go to get a mortgage, the bank
> looks at my income. Traditionally, good credit meant I could get
> a mortgage for 3-5x my annual income and maintain the standard underwriting

Is the Fed Lending Directly to Troubled Homeowners?

what exactly is a "troubled" homeowner? I am "torubled" by Dodd and co. handing out my money to these losers.