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  • Wall Street Breakfast: Must-Know News [View article]
    "We are overwhelmed with greed, corruption, and hopium!" - eboworthen

    Ahhh, The Stupor Of "Hopium". (He He He; Oh Dang !!!)

    I have to agree with bbowen7 that Sheila Bair has actually showed some fortitude of recognition and attempts to warn. Bummer she is, by position, like the swimmer on the beach watching the incoming tidal wave from the low tide mark.

    Higher "Fraud Rates" always happen when things become "Uncertain" and more scrutiny is paid to Enforcement. Law Suits and "Workouts" are starting to Balloon. If "Mark To Myth" is ever repealed we will have records within this stat.
    Oct 20 16:23 pm |Rating: +3 0 |Link to Comment
  • Worst Housing Number in Decades: What Is the Wall Street Media Smoking?  [View article]
    I have heard/read the same thing. Most of the starts were in Multifamily/Condo/Apar...

    Seems logical - since those "downsizing" will more than likely have to rent.


    On Jun 17 07:38 PM ChrisL wrote:

    > I believe I read someplace that multi-family housing starts are included
    > in the "housing starts" numbers. If this is true, maybe some smart
    > builders are building multi-family "rental" houses to handle all
    > the people that are walking away from their current under-water mortgages?
    > Anyboby have any insight on this?
    Jun 17 22:21 pm |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Awareness In Dire Times Can Be Misconstrued As Paranoia.

    Enjoy The Comfort Of Your Ignorance.

    Germany Did Not Come To Atrocity Overnight.


    On Jun 17 03:33 PM robert.b.ferguson wrote:

    > PainfullyAware: Greetings. I would add that just because you are
    > paranoid dosn't mean they are not out to get you. May the last politician
    > be hung with the entrails of the last lawyer, oh wait they are the
    > same huh?
    Jun 17 16:09 pm |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    There is a lot more going on than just "Finance".

    Those Who Refuse To Look Will Never See.

    The Anomaly Is More Important Than The Norm - It is the alarm that the paradigm is not correct.

    Those that actually ponder the interaction of the complexities of Government And Finance are more aware of the shenanigans.

    To Assume Benevolence Is Foolish.

    Safety Is A Function Of Awareness.

    It is not about being "Bitter" or "Attempting To Talk Down The Market". It Is about understanding how the "Cogs In The Machine Work Or Don't".

    Recognition Of Danger Is Not Pessimistic.

    Those Who Do Not Keep Track Of Where The Lions Are And Whether They Are Hungry Become "Big Kitty Snacks".


    There are many "Actions And Events" that "Merit Anger" in recent history. The True Effects Will Be Seen Within Two Years.

    "Ponder The Implications And Prepare For Contingency" Is The Prudent Plan.


    On Jun 17 01:19 PM richjoy403 wrote:

    > OK, I get it...there are a HUGE number of pissed-off folks posting
    > here! They claim to see manipulation of data everywhere, and don't
    > trust any of the stats used by investors to measure the health of
    > the economy.
    >
    > What I don't get is why they are reading and posting! If a 'normal'
    > person doesn't believe in our stock market, they should logically
    > not be participating (and if they don't believe the data, they also
    > can't short the market, because if they don't believe the data, they
    > have no basis to short). If they are not participating, why are
    > they reading and posting?
    >
    > (Or, could it be that they want to talk down the market, so they
    > can enter at lower prices?)
    Jun 17 14:18 pm |Rating: +3 -2 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    It seems that all "Original American Ideals" are under assault with a quickening pace. If you do not like the Rules/Laws - Claim that they are "Living" and alter them as you see fit. Too Bad They Do Not Have A Class In School Of How Tyranny Comes About and How Atrocity Manifests.

    The Domestic Enemies Of The Constitution Seem To Be Far More Dangerous Than The Foreign Ones.

    If Contracts are able to be nullified if you have enough money to push them all the way to the Supreme Court then the foundation of Capitalism is compromised.
    Jun 08 15:05 pm |Rating: +3 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    No Mention Of The Federal Reserve Looking At Hiring The Former Enron Lobbyist?

    The Federal Reserve Hiring A Lobbyist To Combat HR1207
    www.bloomberg.com/apps...

    "June 5 (Bloomberg) -- The Federal Reserve intends to hire a veteran lobbyist as it seeks to counter skepticism in Congress about the central bank’s growing power over the U.S. financial system, people familiar with the matter said. "

    The article states they are considering Linda Robertson of Enron Lobbying Fame. She begins in July - Watch for waning support to begin when it becomes "Lucrative" to our "Representatives".
    Jun 08 14:57 pm |Rating: +2 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "I think a new name or phrase needs to be coined to better describe the insidious corruption of our present system." - Sober Realist


    Corprotocracy - Where Big Biz Owns/Influences The Government And Voting Is Just For Show.




    On May 15 12:21 PM Sober Realist wrote:

    > I think a new name or phrase needs to be coined to better describe
    > the insidious corruption of our present system. "Socialism" suggests
    > some sort of "equality for all individuals, with an egalitarian method
    > of compensation." That doesn't really describe the wholesale transfer
    > of wealth from America to the financial elite that is happening now.
    > "Crony capitalsim" is more apt but still doesn't fully describe the
    > massive expansion of government that is swallowing up the private
    > sector economy. Fascism is too general of a term.
    > Statist capitalism sounds best.
    >
    > "... it really doesn't matter much whether the rulers call themselves
    > capitalist or socialist, whether they plunder by concessions and
    > taxation through crony firms or straight-out theft from nationalized
    > industries....
    > Alvaro Vargas Llosa's five "principles of oppression" are
    > -corporatism
    > -state mercantilism
    > -privilege
    > -wealth transfer
    > -political law.
    > "...the ideological professions of the ruling caste are not very
    > relevant to the real problems. The critical factor is basic liberty
    > for the people, not the favorite economic flavor of the rulers' intellectuals."
    >
    May 15 13:43 pm |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    AT least they are beginning to talk about the "Shadow Banking" of the OTC Derivatives. This Circus may get shut down but New Innovation" will take its place in the future. If there was any "Real Change" possible from our "Representatives" Enron And The S&L debacle would have been enough impetus to prevent the current situation.

    I am all for the Amendment Ten legislation - Return To Constitutional Limits On The Federal Government. Put The "Boring Back In Banking".

    Complexity Favors The Sinister.
    May 14 14:41 pm |Rating: +3 0 |Link to Comment
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