Lin

Bank Stress Tests: Is Everybody Confused Yet?

Flacavediver , speedspitit ,altaman ,

I agree with all of you ! All , Take a gander at 24hgold Look to right under monetary commentaries , Go to Debtwatch #34 The confidence trade bt Steve Keens . A REALLY good article , with Loads of GREAT info + historical factors . THEN YOU will BE clearly able to know where all this is going !

The Worst Case Scenario (Someone Has to Say It)

user408011

I thought The Mayan calander " predicted " the end of times , December 21 , 2012 . Please correct me if I'm wrong . Nostadomous also predicted the " end " at this time .
Doesn't it say in Scripture , the " next destuction of the world " will come by fire ? Where as the 1st came by flood ?
I have read previously " that there is a very large asteroid coming mighty close to earth + might collide ". Apparently they don't want the maases to know . what's the point ? There's absolutely NOTHING they can do about it . We'll never know what hit us .
For the record : " I have a photographic memory " Once I see something -it stays with me .I have nerve damage to fingers , which keeps my typing much less than it should be . My brain goes soo much faster than my 2 fingers can .

The Worst Case Scenario (Someone Has to Say It)

Big Jake- You are correct on all accounts !

Ken Times - You really think government cares about the boomers who have worked like dogs , educated themselves , their children + took care of their parents ? Yes they have stolen our Social Security surplus . Reagan unlocked the " locked fund " Alan Greenspan , under Bill Clintons watch , took FOOD + energy out of Social Security raises , SS checks would be about 55-70 % higher if FOOD + energy were left in . Oh , Did I forget old + truly disabled folks Don't need to eat or heat their homes . Yes All the takers from the social security fund , NEEDS to STOP . Wives who NEVER worked a day in their lives , Getting 1/2 the husband's check while he's alive , then Gets his whole amount when He's dead . All the welfare " underdeveeloped kids , need off this _ they get food stamps only . SS Should be ONLY for the workers who pay into the system . Catatrosphic illness SHOULD not bankrupt one ! ONLY in the US does this happen . Insurance firms have bankrupted the healthcare system . I see NO Bankers , Goldman Sachs et al , being prosecuted .Where's the OUTRAGE ! Oh yes , WW111 is here , no jobs for the young folks , might get restless if left to their own devices . Obama was chosen for his position . If you don't realize this , you truly have been " dumbed down " Watch more NFL football + Nascar folks !

Stress Test Leaks: Endgame Emerging

marketman54

You are correct !

Stress Testing: What's Your Bank's AQ?

Jasper M

You are correct !

Stress Testing: What's Your Bank's AQ?

Re

One might take a gander at Rick Ackerman's site " Rick's picks " to get his anaysis for major banks , including GS . Rick was a former market maker on the Pacific Exchange . He is well known + respected by pros in the financial field . Check out his web site . Previous articles are listed on left

Jaguar Growth Expected to Continue - Blackmont

Re
I agree , Another one going up like a house on fire is IAG .

Nobody Knows What Bank Stocks Are Really Worth

re

Obviously members of the PPT post frequent comments on Seeking Alpha . The situation is so dire that all they can do is lie + jawbone about " how strong the consumer + the economy is ". Believe it at your own risk .

Post-Crisis: Texas Housing Laws Could Help All Banks

Rorty,
Good comment. I personally was a victim of a " negative amortsation " loan . i was not aware of this until I sold the Texas home in 1986 minus a huge peice of my equity which went to the mortgage firm . I was NEVER appraised of this ! . Texas real estate taxes are WAY, WAY too high . The entire burden of financing the state gets stuck on the backs of homeowners I have recently read where quite a few folks are re locating to area that have a state income tax , with greatly more reasonable property tax .Folks in apartments Need to fund the state too . They use the roads, services + their kids certainly use the schools . Texas is also VERY dry ! . No rain , no trees , no pastures , A pretty desert -like place to live . Very high property taxes + very High property insurance rates make it a ' place to avoid ' for me .

Restoring Financial Stability: How to Repair a Failed System

The congress /government is in bed with the bankers . until this is changed , there is NO hope . Jack Kennedy TRIED to place the US on a " sound money system " + a " national bank ". We KNOW what happened to him .His Death was an " inside job" By the bankers . If you don't realize this , you truly have blinders on . Barack Obama is a smooth talking BS artist , Who was chosen for this post by the banking cartel illuminati . God help America ! i believe this is discussed in revolations, ' mark of the beast " RFID chip . Wake up America !

Seething Over Liddy's AIG-Goldman Connection

Jason,

You are Also correct that the system will " collapse " 2011-2012. Actually " it will disintegrate " Just in time to tell all the boomers who worked their A** off in this country , that they're Not getting any Social Security Benefits , due to " the economy " They , the government , Has SPENT all the money in the SS surplus fund that was truly a surplus ! Along with the Bankers , The politicians NEED to be strung up high ! Why should the people whom have worked very hard for many, many years be the ONLY ones Hungry + Cold ?

Seething Over Liddy's AIG-Goldman Connection

Re
Speaking of conflict of interest , What's up , with every one appointed to the " Treasury " is a Goldman Sachs guy . o you REALLY think Geitner would have paid his taxes had he not been nominated by Obama for his post at Treasury ?
Jason , I agree with you ! It makes NO difference whether it be a democrat or republcan , They're both the Same Team/ System , With The same BS agenda . BS the sheeple + get the Elected officials their HUGE saleries + pensions for Life . Oh , buy the way , Congress voted themselves a 4% raise last year . DID you know this ? By the way , Congress DOES NOT pay into the social security fund . WE need an entirely new government TOP down , not Democrat or Republcan . THe First thing they Must do is END the FED ! The Private Banking Cartel that MERELY USES THE TERM FEDERAL to DELUDE THE MASSES !

Most Likely Scenario for the U.S.: Decade-Long Recession

RE
I just read on web " financial sense " article by Jim willie date today 4/16/09 " That The fed just bought 1.5 billion in Tips ! What DO they know that they're NOT telling us ? See article for details !

GGP's Bankruptcy Filing: Thoughts and Info

Re

I just read an article on Website " financial sense " author + Jim willie 4/16/09 . He sites where " Meredith Whitney just said " home prices will fall another 30% -50% drop from peak 2006 to trough + Many , many more banks foreclosesures !" Also sited " that Jumbo l;oans are now 31 % of total loan defaults ! Please see article . Jim Willie CAN be VERY honest . He does NOT live in The US !

The Second Reason Consumers Aren't Spending

Cetin,

I beg to differ with you . When I received my tiny box from UPS yesterday , I asked the driver " how's business ? is it down ? " He answered " I still have my stops , But the volume is way , way down . Sorry Cetin , folks don't have their Home equity lines to fund their upscale lifestyle any longer . You must be a bitter youn buck in the retail; business . I agree with Rick , other than utilities which are lower due to conserving , food , + some medicine , gas in car . I really don't need a damn thing more . All my friends the same age feel the same !