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The_Hammer

The_Hammer
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Latest comments  |  Highest rated
  • Niall Ferguson: U.S. Fiscal Crisis Will Likely Occur Within 2 Years [View article]
    Just look at the in your face fraud at the FHA, even after the massacre to taxpayers from Fannie and Freddie Frauds.
    Who at Fannie or Freddie has been arrested?
    I keep running various scenarios through my mind and the numbers do not add up when it comes to tax receipts gdp growth and parabolic debt accumulation. It is hard to believe but these MFer corp elites and our govt leaders have looted the good ole USA into bankruptcy.
    WE ARE DONE. It is time to hold these corrupt politicians responsible for their pandering corrupt behavior.

    This is from the social security statement: "....the Social Security system is facing serious financial problems, and action is needed soon to make sure the system will be sound, when today's younger workers are ready for retirement." What an understatement. The 50-60-70 year olds were in leadership positions who ran this country into the ground the last 2 decades. This age groups should be responsible for this mess and take the brunt of the sacrifice needed to balance this leverage debt ball.
    Jun 22 08:44 AM | 30 Likes Like |Link to Comment
  • Gold: A Bad Investment and Getting Worse Part I [View article]
    Well a few point Charles. First you need a new pic w/ a smile or one like mine.

    Where is the Speculation in gold/silver? I have asked approx 50 people if they owned physical PM's, miners or PM etf's for investment NOT jewelry.
    I will continue this unscientific experiment.

    I warned people of internet and housing bubble. Most did not listen. This is no pm bubble yet. You ain't seen notting yet.

    1 person owned some physical silver. ONE!!!!!

    "yet inflation remains benign"

    Inflation is benign??

    You ride a bike to work Charles ? You live in the mountains where no tax collectors can find you for property and income taxes?? You have solar panels covering your house and backyard?? You on Govt Medicaid program?? You on Food stamps with multiple aliases??? If so then maybe you do not see increasing prices in commodities and energy. The stuff needed to live NOT a 50" TV or some electronic gadget that we probably can do without or some wasteful McSHACK guzzling electricity and energy.
    Congrats on being real self sufficient and getting some attention by your article.
    Jan 18 02:23 PM | 25 Likes Like |Link to Comment
  • Fiscal Cliff: Let's Call Their Bluff [View article]
    Fiscal Cliff is another propaganda named scheme to scare the american people into thinking that printing and spending into oblivion is the way to go.
    The Fed and treasury chose print and dilute in 2008 and will continue down this path until global investors call them out.
    These clowns spend countless hours creaing these names for their money schemes. Gold-locks, old economy new economy, TARP, ZIRP, QE quantitative easing...........
    Not all american people listened to the propaganda spewed by the govt, banksters nahb, nar or namb, their lending schemes and put themselves into debt slavery. Many many americans made sound financial decisions and deserve to be rewarded for such decisioons not suffer alongside the dolts that chose debt slavery.
    Dec 19 06:35 PM | 24 Likes Like |Link to Comment
  • The Reason to Be Scared in the Market Now [View article]
    The madman Bernanke has a prop under the market at least as long as the global markets believe in it. Once confidence in this ponzi scam is lost watch the hell out.
    Dec 13 03:07 PM | 23 Likes Like |Link to Comment
  • GE Capital: Next CIT? [View article]
    What a mismanaged company? Immelt was rolling over $100 bil in short term paper before the credit meltdown to fund this colossal bloated debt ball. Does that sound prudent?
    How do these losers make it to the top of corp america?
    Jul 29 08:01 AM | 23 Likes Like |Link to Comment
  • The Hindenberg Omen Blog - August, 2010 [View instapost]
    Thanks for the real-time data. Been preparing for a deep correction.
    Aug 13 08:06 AM | 21 Likes Like |Link to Comment
  • Housing: 1.2 Million Fewer Households, More Overcrowding [View article]
    Remember the waltons.Going back a number of decades you will find that more people lived in smaller houses. The entitlement nation morphed into one big speculation.
    I see the foreclosure process totally stalled as freeeloaders are holding out for a handout while banks extend and pretend.
    The silent responsible are going to rise soon.
    Apr 8 07:30 AM | 21 Likes Like |Link to Comment
  • Is Lumber Forecasting the Next Leg Down in Housing? [View article]
    Uber nice info. Lumber capacity is dropping.Positive long term for the industry. Housing is still a bloated over priced asset due to the govt's stimulus schemes and Fannie/freddie and now the Blackhole FHA trying to prop up house prices. As well as the homedebtor freeloaders living in houses without making a mtg payments for months or even years. WE ARE IN BIG TROUBLE!
    May 14 07:14 AM | 20 Likes Like |Link to Comment
  • The Fed Is Not Monetizing U.S. Government Debt [View article]
    This article is non-sense. The Fed reserve is the GREAT ENABLER allowing congress to spend like addict. If the Freaken Fed would act independent the bond market would have forced the stoppage of these excessive deficits via higher rates.
    The current bond market is misjudging the potential snowballing of inflation. They have bought into the Bernank as a God-like figure.
    Feb 9 12:46 PM | 19 Likes Like |Link to Comment
  • 'Civilized People Don't Buy Gold' [View article]
    Lately whenever warren and charlie open their mouths they turn off a few more people.
    These guys are so intertwined with the current system they cannot understand how risky holding all your eggs in this system are. Their investments are threatened by gold...meaning they are all in with the current system.

    Many of their investments and cos are either involved in banking or homebuilding so they are biased toward those industries. These two industries have bankrupted our country.

    Yes "illusions of US Debt" What the hell do you call $15.6 trillion in federal debts or current entitlements? what about state and local govt debts and pension underfunding?
    Maybe printing dollars out of thin air to pay for these deficits is your solution. There are consequences for such actions.
    I would say you and munger are delusional

    Did you know that the number of people on ssdi (social security disability insurance) is increasing at a fairly rapid rate?
    May 6 05:08 AM | 18 Likes Like |Link to Comment
  • Where Is the Foreclosure Mess Leading? [View article]
    jeff i am looking to pick up a few foreclosures if the price is right. One in particular the Freeloaders have been living mtg free now for over 2 years. they purchased the house in 1996 for about 168k and when they went to sheriff sale $551k in total liens against house. 14 years later. This is absolutely pathetic. And the banks are not all to blame for this greedy reckless activity. I think the banksters, the mtg brokers,appraisers, realtors Walls street securitizers are scum but come on there are two sides to a transaction. These freeloaders deserve to rent that's it.
    Oct 7 03:18 PM | 18 Likes Like |Link to Comment
  • Are Home Prices Headed Lower? [View article]
    John I hope the govt finally steps aside and stops propping up this bloated fraudulent housing market once and for all. This would be extremely positive for our economy if house prices fell to AFFORDABLE LEVELS OF INCOMES. Of course the REhores will be kicking and screaming all the way down telling us it is a great time to buy all the time. 0 Credibility out of this group. People could buy a house without being a complete slave to housing costs. Lower house expenditures would allow people to save more for retirement as well as pay down debts much quicker to deleverage this bloated debt bubble.
    Jul 21 03:22 PM | 18 Likes Like |Link to Comment
  • Why Fear Isn't Likely to Kill the Economy [View article]
    If you were in the unemployment line you may have a different perspective.
    What recovery?
    Job growth is nil, incomes are not growing. Maybe in hedge fund world on wall street or corp execs who leveraged up the balance sheet failing has paid off well. How are these cruddy execs making 200-300-400 times more than the avg worker that much more valuable than the exec of 1980? Hhhmmm?
    Did you hear the testimony of just about EVERY financial exec? I did and about the only one that admitted any mistakes or wrong doing was the the tap dancer prince. I give him credit for his honesty at least. The others should have the compensation all clawed back for mismanagement and reckless beahvior.
    May 7 06:04 PM | 18 Likes Like |Link to Comment
  • Did a Clever SEC Bait Goldman Sachs Into Compounding Its Legal Problems? [View article]
    well written stuff. I find it hard to believe that this is all at these wall street firms. Surprised we do not see more roundups from the banksters countrywide, Indymac and many of the other sub-primers as well as realtors, mtg brokers and appraisors. The FBI did state there was a mtg fraud epidemic in 2004. what are they waiting for?
    Apr 19 11:39 AM | 18 Likes Like |Link to Comment
  • Ganging Up On Gold [View article]
    Time to add to physical allocation on any big dips at prices 40-60% lower. Premiums coming down , sentiment is as negative as ever seen and money printing on global basis.
    "No inflation" This is so misleading it is laughable. Global deleveraging? NOT. Sovereign debts have gone parabolic and this is the real bubble that will burst with new monetary regime. Connect the dots.
    Jun 26 07:49 AM | 17 Likes Like |Link to Comment
COMMENTS STATS
3,845 Comments
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