John Hussman: The Second Wave Begins [View article]
Thanks John, The stimulus will eventually trickle down and create jobs. But, Not enough to get the economy back on it's feet. My concern is when the Fed decides to raise rates. How much impact to housing will this cause? After July 4th 2010 is about when I expect this troubling hike!
Fannie and Freddie Shareholders Run for the Exit [View article]
Print money Ben. Bail me out too. Fundamentally our country is broke and run by crooks-value my a$$. Pokernut and I see reality. We are all going to be toast. Dig a shelter and clean the guns.
Prime Mortgage Trouble Could Accelerate Bank Failures [Housing Tracker] [View article]
Our inner city homes and stock markets will get much worse. As a real estate shortsalexpert, I can tell you WAMU is going to fail or get bought out. WE/I deal with these idiots daily-they don't have a clue on how to get a bad foreclosing loan off the books-accept the short sale offers! Bail out your money now or lose out. Get ready to buy in as Merrill Lynch's failure or bankrupcy should call a bottom to both the Real estate and stock markets in America. This will be late 2009. Enjoy the bounces, and be a trader.
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.
John Hussman: The Second Wave Begins [View article]
The stimulus will eventually trickle down and create jobs. But, Not enough to get the economy back on it's feet. My concern is when the Fed decides to raise rates. How much impact to housing will this cause? After July 4th 2010 is about when I expect this troubling hike!
Fannie and Freddie Shareholders Run for the Exit [View article]
Prime Mortgage Trouble Could Accelerate Bank Failures [Housing Tracker] [View article]
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.