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  • Markets Are In for a World of Hurt This Fall  [View article]
    ARM reset.
    Since current rate is so low, it does not make sense to panic because of reset. However, If FED start rising rates, borrowers would be better having fixed rate

    I think in question ARM with 'interest only' option, which has to reset to interest + principal.
    If I was a bank, I would let borrowers, assuming borrowers wish to do so, to continue 'interest only' period
    Jun 21, 2010. 08:01 PM | Likes Like |Link to Comment
  • Greenspan Warns About Interest Rates, Debt  [View article]
    Guilty rising rate and not rising rate.
    Guilty by the Left and by the Right
    Guilty not speaking and speaking
    Jun 19, 2010. 06:50 PM | Likes Like |Link to Comment
  • Why Jobless Claims Matter  [View article]
    I think public walked away from debt.
    Jun 18, 2010. 06:08 PM | Likes Like |Link to Comment
  • Housing Trouble: Sorry Europe, We've Got Bigger Problems  [View article]
    after Obama approval fell to low 40% it all became Reagan fault. Read latest news
    Jun 17, 2010. 10:53 PM | 3 Likes Like |Link to Comment
  • Can We Say Adios to Spain?  [View article]
    It much much much easier to be socialist/communist while living in capitalist country.
    socialist/communist countries does not have food stamps
    beware of what you wish
    Jun 17, 2010. 10:42 PM | 2 Likes Like |Link to Comment
  • When Cramer Calls a Rally Bad, It's Rotten  [View article]
    wait a minute BUZZER
    Cramer made it from 01/01/2009
    What is your starting point ?
    Jun 17, 2010. 10:16 PM | 1 Like Like |Link to Comment
  • Will We Hold It Wednesday: Oil Slippage  [View article]
    After Obma fell to low 40, blame from Bush went to Reagan
    Jun 17, 2010. 09:27 PM | Likes Like |Link to Comment
  • Will We Hold It Wednesday: Oil Slippage  [View article]
    Promote is not the same as Provide.
    Provide is contrarily to Promote.

    Promote General Welfare means advertise to general public how getting off welfare can benefit life of general public

    Yes we canned
    Jun 16, 2010. 10:26 PM | 3 Likes Like |Link to Comment
  • When Cramer Calls a Rally Bad, It's Rotten  [View article]
    Actually Cramer became bullish about one week before bottom.
    Cramer actually criticized Obama for talking Market down few days before rally began
    Don't underestimate Cramer. Before Cramer became show man he used to be one of them (GS) man, as Cramer tald recently on his show.
    I watch Cramer infrequently an randomly
    Jun 16, 2010. 10:12 PM | 2 Likes Like |Link to Comment
  • When Economies Collapse: Putting It All in Perspective  [View article]
    Before its dissolution, the CCCP’s economy was second only to that of the United States
    These two economies was pretty much insulated from each other.
    And most of the time they were in inverse morale mode
    Hardships of one of them were cheers for other
    Also, CCCP collapse brought some benefit by reducing need for military spending
    Not anymore. Y2008 was real hard hit for Russia and every other common wealth country. So, now everybody( minus Cuba, North Korea and such) in sync.
    Because of hi leverage, everything what happening in Greece or other PIIGS or any connected to Global economy country should be multiply by factor of ????
    Add to it Obama, with his 1960-1980 philosophy made in the CCCP('CCCR is Leader of Progressive Mankind of ALL Globe' by own definition)
    Jun 16, 2010. 09:50 PM | 4 Likes Like |Link to Comment
  • Art Laffer and the Triumph of Politics  [View article]
    Peter Schiff Was Right 2006 - 2007.
    Tax cuts do not work alone.
    Tax cuts work in pair with Government spending cuts only
    Previous Republican leadership did not follow through Conservative agenda.
    Obviously, current Democratic leadership will not either

    yes we canned
    Jun 11, 2010. 09:27 PM | Likes Like |Link to Comment
  • Three Reasons to Sever All Ties With Commercial Investment Firms  [View article]
    More people quit their jobs in the past three months than were laid off -- a sharp reversal after 15 straight months in which layoffs exceeded voluntary departures. The trend suggests the job market is finally thawing.
    The government said Tuesday that the number of people quitting rose in April to nearly 2 million. That was the most in more than a year and an increase of nearly 12 percent since January. That compares with 1.75 million people who were laid off in April, the fewest since January 2007, before the recession began.

    "There is a century's worth of evidence that bears out this view that quits rise and layoffs fall as the job market improves," said Steven Davis, an economist at the University of Chicago.
    Jun 9, 2010. 09:23 PM | 3 Likes Like |Link to Comment
  • Can Obama Fix the Economy? Time Is Running Out  [View article]
    Obama is not reader
    Obama is writer
    (Old Soviet joke with some translation)
    Jun 9, 2010. 07:21 PM | 1 Like Like |Link to Comment
  • The G20 Votes for Global Depression  [View article]
    Socialist Progressive Pyramid
    Does not work for too long BTW.
    At the beginning people happy, but then they have to carry Million in their pocket to buy a loaf of bread
    Jun 7, 2010. 09:37 PM | 2 Likes Like |Link to Comment
  • How Crowd Sentiment Will Limit Any Further Downside  [View article]
    .5 X 1.7 = 85%
    actually there was no gain in Market
    even as there was no gain in employment
    there was one year long money induced dream of recovery and wake up call from the EAST ruined it all
    Jun 7, 2010. 09:02 PM | Likes Like |Link to Comment