dannyp52

The Rally, When It Comes, Will Be a Doozy

"The Rally When It Comes Wil Be A Doozy"

Yeah, right.
So was The Flood.
They'll be nothing left to party about when this is all over -- many years from now.

How Bernanke Stunned Congress with the Truth

Every US Senator and House of Representatives member that got as much as a dime from Fannie or Freddie should be made to resign and be held personally and finacially accountable for the mess that they have gotten their countrymen into.

Foreclosures Actually Dropped (If You Don't Count Five States)

"Excluding the five states with the biggest foreclosure problems suggests a much less severe problem, and an actual improvement in August foreclosures in the other 45 states (-0.41% vs. July)."

In Washington State the feeding frenzy to buy houses has cooled dramatically. In Seattle homes were on the market for just a couple of days, now it's a couple of months and prices are dropping. For sale signs are in every neighborhood. The more rural areas are feeling the pinch of the credt crunch the most where incomes are much lower and jobs are harder to come by.

Rethinking Fannie, Freddie and Mortgages

"To the free market purists, who I sympathize with, I say let the hybrids die. Our government has meddled too much in lending markets, but it is egregious when they do so where there is a private profit motive. " -- a voice of sanity and reason, finally!

Lehman Won't Be the Last Major Bank Failure

Bill Mayer should replace Bill Gross.

Lehman Won't Be the Last Major Bank Failure

Bill Mayer should replace Bill Gross.

Are We at the Bottom Yet?

What a hollow article.

GSEs Into Conservatorship: Can Housing Stabilize Now?

WALL STREET WILL GET BACK ON ITS FEET FOR A WHILE, BUT THE COMMON MAN SHALL STUMBLE UNDER THE WEIGHT OF HIGHER TAXES AND INFLATION, AND WITH THAT WALL STREET AND THE ECONOMY WILL CRUMBLE.