Jimitee

Obama Draws a Blank on How Banks Really Work

Corporations are greedy by design. They require strict regulation to keep them in a box, otherwise, they will do what ever they can for a profit. The banks have large amounts of cash and unfortunately, the best credit quality corporate clients are not borrowing a dime! This will not change until the consumer starts buying again. That takes jobs and stabilization. Oh and the 80 million baby boomers that have not saved a dime for retirement, they may never spend again! So, if anyone thinks this vicious cycle is going to revisit the where we were in 2005, you are dreaming. There is simply too much for sale with no consumers in sight.

How Buying a Home Is Gambling

Ah but you can move out of a rental. You can change to a location with more favorable rent. You have not upkeep. And you you have the time value of accumulated cash elsewhere in a liquid potentially less risky investment. The only time house ownership makes sense is in times of hyper inflation.The last ten years have turned out to be a disinflationary environment and now the housing bubble has burst. Probably still has downside and certainly has little chance of improving with the baby boomer (80million ready for retirment) demographic overtaking the nation.


On Dec 12 09:42 AM Duude wrote:

> Depends on quite a bit more. What about property taxes? States can
> and do alter rates at times, and its pretty much assured they aren't
> coming down from here. What about all interest paid out over the
> life of the loan? Yes, there is the benefit of a tax deduction on
> interest, but its a deduction, not a tax credit. Its still out of
> pocket expense. What about the difference with insurance? There is
> renters' insurance but you're only covering your internal possessions
> and rates are radically lower. What about maintenance? And now that
> nationwide rental rates are dropping, what about that fixed rental
> rate for life? What about Mello Roos? What about homeowners' association
> fees? This isn't to say that good timing hasn't made real estate
> profitable for many, but that's assuming the government continues
> to subsidize it by buying up all of the market's mortgage backed
> securities till hell freezes over. Unfortunately, they're already
> planning on reducing this practice in the first quarter of next year.
> Then what? Who's going to pick up the slack? Without ready buyers,
> mortgage interest rates go through the roof, and with that all home
> values deteriorate. Yeah, quite the investment.

Delcath Systems to Take on Onyx Pharma's Nexavar

Go to investors village and read what is going on with Delcath. Just raised 30mm. Fastrac approval... March NDA EU cert mid year. Lazard conf last week. Big institutional buying. Fab management. Multi billion dollar market.

If history is any indication, Fed's Eric Rosengren says bankers should be worried more about disinflation than inflation. "Significant excess capacity in labor markets has the potential to be disinflationary at a time when the inflation rate is already below where we expect it to settle in the long run," he says.

Stagflation? High rates no jobs??

How Investors Can Lose with Annuities and Whole Life Policies

You said it best and I commend you. YOU DON'T KNOW ALOT ABOUT ANNUITIES..."
Why would you give advice on this without knowing an awful lot???
Things like statutory surplus or excess capital surplus. (Hartford as an example has over 400% of capital needed to pay annuity claims) It is shameful that your allowed to get this meaningless info on the forum. Please go and find an EXPERT on annuities for your next article.

Is the Current Crisis Really as Bad as the Great Depression?

The difference is our debt is held mostly outside the USA. The banks will fail because of lack of demand as the economy stagnates. The average person is one heartbeat away from losing everything. It is a worse scenario than the depression. That community organizing skill that Obama has will come in handy when we all end up on line for soup and bread.