pungent

Five Ways This Bubble May End

From connorport:
"I have spoken with several people over the last few weeks that typically do not play the market. My consensus is from what i'm hearing is that they want in now."

Folks, you will never find a more concise definition of a Bubble than this. As we said 2 years ago, "when the ladies in the church choir are talking about flipping houses, it's time to get out fast!"

Banks Under Attack Again, But the Blame Is Not Theirs Alone

> there is no doubt that every citizen, from politicians,
> regulators, media and the general public played their
> part in this financial collapse and should be responsible
> for it"

Really?!! Please explain how those of us who have been living debt-free or with very low debt are responsible for this and why we should pay for the highly-predictable, widespread destruction of idiotic entitlement programs like the CRA?

Seriously, Abdul -- explain.

Will 2009 Bring Ring Three of the Financial Circus?

Outstanding article, Steve. My office is papered over with articles from MarketWatch, etc. proclaiming that the real estate decline is over (finished by summer of '08, did you know?) and that our current financial meltdown bottomed in Oct. My choices are either that they all are idiots or liars. Take your pick, but you certainly wouldn't want to bet your financial life on them. Sometimes I think I'm the only one with any sense ... and then I read your article. THANKS!