Venus Pool

Home Sales Skyrocket, Backlog Clears

More homeowners fall behind. The number of borrowers that fell behind on their mortgages - including the most creditworthy - rose in Q3 as the percentage of current and performing mortgages dropped for the sixth consecutive quarter, a regulatory report said. Those that fell behind on their prime mortgage payments more-than doubled to 3.6% from a year ago. Such troubles could mount as banks and thrifts remain unable to match modifications with the number of struggling borrowers who need help. (Suzanne Miller Wall Street Breakfast Must know News)

Obama's Fiscal Stimulus Has Saved Jobs

Suporting your brother`s Senate seat in Minnesota I see.

Still Searching for an Exit Strategy

When will people wake up to the propaganda? They are driving us off a cliff while telling us everything is OK. Who is John Galt?

Meredith Whitney Quitting Oppenheimer Shows Contrarian Indicators Still Work

what other methods do you use? Planetary alignment, Tarot Cards, days ending in odd numbers. Say something intelligent. I am sure you use "green shoots" several times a day as well!

On Jim Rogers and False Statements

Rewarding bad behavior and penalizing good behavior will be our demise. Many smart and hardworking people and businesses have seen this coming for years and as Jim has said "kept their powder dry". What a slap in the face to be told to stand back and let the screwup maintain his lifestyle as if nothing happened at a responsible persons expense. What message are we sending here? Capitalism is about risk and reward. Ludwig Von Mises said it best, "recession due to a credit contraction must run its course, any attempts to manipulate and throw resources at the problem will only make it worse, prolong the recovery and waste good resources. Let`s not give the alchoholic more to drink to avoid the DT`s - this is a natural road to recovery. Lets not hold back the frugal, responsible and intelligent ones that are ready to assume a leadership role and and ply their entrepreneuial spirit.

Peter Schiff: Outlook for the Gold Market

I could not agree more. Mr Schiff has been on the mark from day one. It is too bad more people do not wake up to what is going on around them.

U.S. Dollar: The Trade of the Decade

Reserve Currency? Time to Tap-Out my friend. The dollar is headed for the toilet. We doubled the deficit in the last seven years and added another 25% over the last 4 months. Were you the guy who was selling the SHAM-WOW??