Why the 2008 Housing Relief Bill is No Relief [View article]
I think it is crazy the can still pay dividends and there is no cutting on C-level pay to go with this. Of course since Fannie and Freddie are the one of the largest 'givers' to both parties no surprise there. Glad we could help PIMCO and China as well with our support.
Three Stocks To Be Held To Infinity and Beyond [View article]
In 1930 and 1931 if you invested in the that downturn for the long term you would not have recoved til late in 1960's with any stock. Good luck thinking you should buy now and hold
In 1929 after the first crash, many predicted the bottom had been reached, 1933 was the real bottom by then the stock market was done 80% and most everyone who tried to fish on the way down where burned. Think this time is different. Think this is like 1987? 1973? Look at the major causes of the crash easy credit, real estate speculation and complex ponzi schemes involing compliated financial instrutrements that look like SIV and CDO of today. This is merely the open prelude to next few years. It will take 2-3 years before we know the true cost of the unwinding of past years. You want the future, look at 1929-1933. See who made money and who wanted HOPE to win. Forget hope and hold on it is going to get rough.
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Latest | Highest ratedWhy the 2008 Housing Relief Bill is No Relief [View article]
iShares MSCI Mexico: Surprising Strength South of the Border [View article]
Three Stocks To Be Held To Infinity and Beyond [View article]
High Likelihood of a Market Crash [View article]