blondino

The Coming Consequences of Banking Fraud

i say, the money piled up has to flow back, so get on board and make money in the years to come...

Fannie and Freddie Are Surviving, But Barely

The GSE’s are responsible??? WTF??? Unreglated market and irresponsible loan-takers are responsible. And noe taxpayers pay the bill.

Three Reasons for Bear - Fast Money Recap (10/15/08)

Wayne Angell, a former Federal Reserve governor, joined the traders to discuss what can be down now to fix the problems in the financial system. He says the first step is that "Treasury Secretary Henry Paulson needs to admit he made a mistake in taking Fannie Mae and Freddie Mac shareholders to zero."

hmmm, i like this one...but the ego is a strong and viscious enemy

It's All About Guaranteeing Counter-Party Risk [Housing Tracker]

yeah, but confidence just evaporated after govt communication stating that GSEs are financially sound with ample (mandatory) cushion, then zap nationalized over a sunny weekend with no escape door for investors. so what's that if not undermining confidence BIG TIME!???

Combating Cascading Short Spirals

yeah, and go to china if you wanna jump the pyramid game of short sellers! :DD

FBI Investigates Victims of the Financial Fallout

FBI, SEC, all just puppet show for the masses...

Bailouts: Misunderstanding the Moral Hazard

FBI, SEC, all just puppet show for the masses...

Bailouts: Misunderstanding the Moral Hazard

"Don't add punitive consequences or they won't participate ."
what's this BS??? if they have no choice but to 'participate' than what the f*ck is this argument??? if they're not forced to 'participate' they're either running a healthy business or are in the midst of a cover-up operation in which case there should be some investigation into top execs personal liability...

Where's the Bottom? Still Anybody's Guess

yup, there's no other way out of this but feed the beast!
or new age slavery if the 'donor nations' overtake the debt-ridden and credit-frenzied nations

Where's the Bottom? Still Anybody's Guess

read this for a good laugh:
www.cnbc.com/id/268673...

Capitalism: RIP

read this for a good laugh:
www.cnbc.com/id/268673...

Capitalism: RIP

the result of term limits will be grab more over a shorter period of time while you're in power ;-))

Capitalism: RIP

keep it simple? US capitalism/society is massively built on credit-based consumption - consume more NOW, leave the rest for tomorrow. to sustain such consumption to keep the masses satisfied the US had massively endebted itself relying on 'donor' nations which it had ridiculed and pointed fingers at for being undemocratic or even evil (middle east, russia, china). there is no infinite growth without hitches and sacrifices and when a bubble takes a hit it may not burst but take a new shape. without intervention at some point there will be anarchy; rules have to be set implicitly or explicitly in societies (markets included). otherwise it is impossible to deal with the results of the aforementioned hitches and their social/economic impact. this will be the price to be paid to save the US now. not all measures taken will prove effective and yes, only an insider elite will come out of this mess as net winners but hopefully some lessons will be learnt. bending and constantly changing the rules while trying to put out the fire is also a very dangerous game...

Capitalism: RIP

...oh, and that is what Gen Paulson & Co. want to re-institutionalize, so it aint over just yet...

Capitalism: RIP

the underlying reason is the whole US economy/society. living your rainbow lives from credits and loans - once it turns negative it's a nasty spiral...