chtrplyr

Why It's Time to Overhaul the Banking System

We also need to wipe out all the "dead" defense contractors and all the "bailout" money 100's of defense contractor companies get annually.

The continual defense contractor bailouts with tax payer money just foster waste, incompetance, poor performance and are a black hole for tax payer money.

Let the whole industry die and the few last remaining might be competitive and profitable.

Banking never needed anual government handouts and provided a much needed service over the history of the U.S.

Then we go after the agricultural industry next.

Fear Not Yet a Factor

Where have all these scum sucking short sellers came from recently? What large rock were they all hiding under? No substance that is for sure in the general fear mongering dribble. and so backwards looking too. They want everyone to sell all equities and short them - what does that accomplish besides destroying the U.S. Is that the goal - is not like they are investing in solutions or the U.S. just full of all their B.S. allegations and paranoid delusions...

Financials and Housing: The Outlook Remains Ugly

Doesn't seem like a complete analysis i doubt we will see a full 1% drop for another 12 months at the rate that that S&P index went parabolic down and now has steadied out at 2003/2004 levels - many factors to consider including the amenities and quality added to the homes over time as well as zoning and other water resource issues as well a replacement costs.

Also painting all 'financials' with the same brush is a mistake some modeled and provisioned for much higher peak to trough housing value declines and over all economic conditions.

Without going through loss severity impacts and doing so without being biased and over emphasizing all negative impacts and ignoring positive impacts (housing bill, credits etc.) like this article did a very distorted 'gloom and doom' picture arrived however it might just be all smoke and mirrors of the negativity crowd as their negativity bubble collapses.