How Bloomberg Fabricates U.S. Housing Numbers [View article]
Now that's what a reporter should do. Great job again Jeff. The truth hurts but at least we are alive and can deal with it. 20 Million homes that no one pays property taxes on! Stew on that.
Five Reasons the Market Could Crash This Fall [View article]
Fear is not an option. Making money is. Your in or out, long or short. With the Fed and WH putting out money like drunk sailors, don't fight the trend. Only bad news will derail this rally. Short term trend is long, but Sept-Oct may be as far as this rally can go w/o a correction. Enjoy the ride. Long term-there is hell to pay for all the debt created.
How High Leverage Has Brought Down the Whole Banking Industry [View article]
Good work guys-comments are right on. Free markets work when others don't mess with or bailout companies that are mismanaged. The FED needs to Let it be-let the banks fail. We need 100 National regulated banks not 12,000. Leh,mer,bs,ubs,fnm and more will fold. "we can just resell these repackaged cdo's to somebody else". If the board and directors feel that way-let their ships sink. Their greed and ability to leverage 30 times over means the end to many investors. Thanks guys- see you in the soup lines.
How Bloomberg Fabricates U.S. Housing Numbers [View article]
Great job again Jeff.
The truth hurts but at least we are alive and can deal with it.
20 Million homes that no one pays property taxes on!
Stew on that.
Five Reasons the Market Could Crash This Fall [View article]
With the Fed and WH putting out money like drunk sailors, don't fight the trend. Only bad news will derail this rally. Short term trend is long, but Sept-Oct may be as far as this rally can go w/o a correction.
Enjoy the ride. Long term-there is hell to pay for all the debt created.
How High Leverage Has Brought Down the Whole Banking Industry [View article]
Free markets work when others don't mess with or bailout companies that are mismanaged. The FED needs to Let it be-let the banks fail.
We need 100 National regulated banks not 12,000.
Leh,mer,bs,ubs,fnm and more will fold. "we can just resell these repackaged cdo's to somebody else". If the board and directors feel that way-let their ships sink. Their greed and ability to leverage 30 times over means the end to many investors.
Thanks guys- see you in the soup lines.