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  • Housing Inventory: Blinking Bottom Indicator [View article]
    Well there's only one problem is that most bank's and mortgage companies had stop foreclosure until the government came up with some help, well it's not there, that's some think the bottom is here. Well think again its going to hit so hard in a few days because the foreclosure is going to go trough the roof. Now your going to see the commercial bubble burst because loans are coming due, and if you look around and see all the new building empty, who's going to pay for all that empty space, you and me, because there going to have to bailout the banks aging. Where headed for the worst collapse then the 30's and its just around the Conner, If your going to survive you better start paying cash for everything don't put anything in the banks because when the door is closed they got your money and the government is out for themselves


    On Feb 26 08:13 AM The Mad Hedge Fund Trader wrote:

    > Here is a novel plan put forth by a hedge fund in Florida, Derivatives
    > Bridge, LLC. Securities backing performing mortgages worth 100% are
    > being sold for 20% because there is no market for these securities.
    > Have the government buy these securities for 60%, rescuing the banks,
    > and then sell them back to the original homeowner. The homeowner
    > then is able to refinance his home, see his mortgage principal drop
    > by 40%, restoring his net worth, and purchasing power. The cost to
    > the taxpayer is zero. This is already possible in some countries
    > like Denmark. If someone offered me a deal like this I’d take it
    > in a heartbeat, even if I had to clean out the sofa cushions and
    > raid my kids’ piggy banks. They say necessity is the mother of invention.
    Feb 27 22:32 pm |Rating: +1 0 |Link to Comment
  • Did the Fed Miss the Housing Decline? [View article]
    Your right they all need to answer to the American people, the stock market works like are government dose like blowing smoke up are A**'S, its time to turn the tables and start being the public and not the government servant's.


    On Feb 12 06:06 AM nobodyintexas wrote:

    > My hat is off to Ira I think he is to the point too many of our government
    > and non governmental groups are just not working or at least seem
    > to make things say what they want. Time to answer to the American
    > people, not King Bush
    Feb 15 23:58 pm |Rating: 0 0 |Link to Comment
  • Profit from the Housing Mess with ETFs [View article]
    By the way check the website out
    Feb 15 12:22 pm |Rating: 0 0 |Link to Comment
  • Profit from the Housing Mess with ETFs [View article]
    There is no light at the end of this tunnel, for along time the wrist is yet to come where headed for the big D,fare bigger then the 30's, no one has any money to spend so hang on to what and you also should take it out of your bank and put it some where you know its safe from the government.
    Feb 15 12:20 pm |Rating: +1 0 |Link to Comment
  • A Sign That Housing Is Approaching Bottom [View article]
    where not even a 1/4 of the way, most houses be bought are investors, no one in there right mind would buy a house right now because people are lousing they jobs left an right, the stock market fell to day 226 to bring it to 8.149.01 friday 30th well drop another 100 something.
    By Feb meed month it will be in 7.850.0 so there you go. good luck
    Jan 29 23:27 pm |Rating: +2 0 |Link to Comment
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