update

HAMP Is Pretty Much a Failure

Thank god this stupid taxpayer rip-off failed.

Geithner's Outburst Was Misdirected; Read the Riot Act to Bankers Instead

People are confusing the big banks with the blood thirsty vampire holding companies. Yes the Goldmans and JP morgans of the world deserve to fail immediately, like today, unless they can pay back all the hidden graft and special deals of the bailout which was designed to benefit them illegally.

The real banks themselves however were victims of Barney Frank, Chris Dodd, Charles Schumer and Congress to a large degree. The democrats traded toxic loans for votes for a number of years.

Many banks were then forced by Paulson, republican, of Goldman Sachs (weeks after receiving his $500 million golden parachute) to participate in the TARP against their will to protect a couple of large banks, and illegally a bunch of fantasy holding banks.

So yeah tax cheat Timmy is of course cursing at the wrong people, but in reality it is up to the American people to remove these clowns in our government from both failed political parties.

Geithner's Outburst Was Misdirected; Read the Riot Act to Bankers Instead

When you have a hard Chicago thug in the white house, this stuff happens.

Mutual Fund Flows Keep High Yield Issuers Alive - For Now

Great Depression two has barely begun. We have just entered the two year stretch of maximum pain that our generation will ever experience.

You green shoot fantasy pinheads are irrelevant but keep on blabbing if it makes you feel good about this shell game.