gordon

Banks And Consumers Say No to More Debt

Nobody has answered my question, when will someone demand that savers be rewarded? The criminals' con-job is to force savers to take risk because of zero (or negative) yields, & this should be criminal. This author won't stick his neck out I bet. What you think the average saver goes into corporates or munis? They are also all overvalued, at 10% premiums to par. No. The average working Joe is doomed in this country. Obama is a facilitator, owned by Goldman Sachs. Status quo continues...

Banks And Consumers Say No to More Debt

You failed to mention the FINANCIAL MEDIA, especially CNBC for promoting this "banks need to lend, consumers need to spend" theory. These are the same corrupt salesmen who over the last 10 years heralded the "lack of wage inflation a boom for stock prices", loving their boot on the neck of the wage-earners (as opposed to cap gains). Why isn't someone requiring or demanding that banks raise yields on SAVINGS? Where is this author and others on tv asking for this, since wages can't go up now? How much spread do they need? What about the forgotten "common good" principle?

Obama's 'Bad Bank' Plan Is a Turning Point

They can value them based on falling home prices, re-default rates after workouts @ 60%!, falling employment, and the beginning of ALT-A RESETS and COMMERCIAL REAL ESTATE DEFAULTS, a bigger time-bomb than sub-prime was!
The banks DO NOT WANT price discovery. They know all these factors are stacked against them. They shouldn't have made or securitized these loans! They want to off-load them in the dark of night and nothing Obama has said yet convinces me he isn't bought and paid for as a puppet-enabler.
He said we needed 7,000 more troops in Afganistan, now its 30,000! He even has Martin Feldman guru saying DEFENSE SPENDING is the best bang for the buck!
And the American sheeple continue their pathetic apathy to these comments.

Obama's 'Bad Bank' Plan Is a Turning Point

will this be TRANSPARENT? Or is Obama, using the same line of ex-Goldman Saks-you cronies, move assets in the dark? I suspect so! Anyone notice GS stock is up about $30/share since Geitner came on board? Anyone here know that like Paulson, Geitner can sell his GS stock TAXFREE to enter the Cabinet/White House employment? How much GS stock does Geitner have?
Anyone know that 20% of the Federal Reserve family owners had money with Madoff? Or that the 5th largest shareholder in the Fed Resewrve is GOLDMAN SACHS?
Jim Cramer made the off-the-cuff comment the other night that he SAW THE CHECKS GOING TO EUROPEAN BANKS FROM AIG! (As secret payoff for CDSs, as AIG is just a "bad bank" being used to secretly payoff foreign holders!)
SO MUCH FOR TRANSPARENCY, folks!

Finally, Some Disclosure from Companies That Received Bailout Funds

correction: the interest the Fed pays banks/excess reserves is now zero, we'll see if
this spurs lending soon.

Finally, Some Disclosure from Companies That Received Bailout Funds

The banks are doing exactly what I would do if I headed one. Remember, the Fed is paying INTEREST to them on the reserves, you hoard it! Year end bal sheet is paramount, and they never know when the Fed/Treasury will change the rules on them, ie: forcing mark-market on their CDSs/ bad loans. Seems logical to me.

Saving the Economy with IRA Funds

This guy needs to be BANNED from this site, administrator!

Dilution, Infusion and Collusion: Push Stocks Higher!

Hey V- sounds like a "Winner" ! I have a friend in Costa Rica, but property values went up there way too high, if I'm going to retire overseas, gotta have cheap housing and health care. Best of luck!
(Me hablo Espanol poquito pero bastante bien, so creo mucho de este situation tambien.)

"Pick-a-Pay" Defaults Deepen - Housing Tracker

I read Canseco's story, he said even though he paid 41% in income taxes on his contract, he still made about $7-8 mil/yr. He lost a bunch but is underwater on his Encino house because he overpaid, but feels sorry for Americans who don't have a place to move. He said he has 2 books generating revenue, and can move somewhere cheaper rather than try and ever break even on that house.

One of our largest local homebuilders, Barratt, hasn't been paying their subcontractors for some time> tinyurl.com/6ch2et

Friday's Options Report: C, WM, CCJ, LNG, PDLI, LTD

Hedgefund options scammers have a new game, since the SEC is perpetually out to lunch. Witness heavy call buying in TIE, float a buyout rumor, 1 day ahead of Alcoa earnings, which was a guaranteed miss, retail gets sucked in, the "Boyz" UNLOAD their calls, a bagholder's delight.
Witness CCJ, same thing, even though there is NO WAY CHINA BUYS even part of the Canadian -protected mine, Parliament would intervene,have to approve it.hese same options scammers, (scumers?) are already unloading their calls. CNBC Fast Money pimps are in this scam, using public airwaves for personal gain.

Housing Market Tracker - Homebuilders Criticized for Benefitting From Foreclosure Bill

Nobody in the US inept media has interviewed any JUDGE to get their opinion of the already clogged courts due to bankruptcies ,etc, that have they, notice that?
Pathetic.

Meredith Whitney Threatens Severe Deflation For Your Portfolio

Your comments on Canada mean you have NO CREDIBILITY!
On ignore now.

Buying the Oversold Financial Sector

I'd rather put some BP away, paying a 5% dividend now, then expect banks to not go lower or cut dividends.The next bank cutting dividends crushes the sector again. Capital ratios may dictate they do.

The Trouble With Turnaround Stocks

Borrowing to buyback stock is one of the most corrupt scams on shareholders in recent history, a almost criminal deception to reduce shares and show phantom earnings.It's only topped by Citigroup borrowing at 11% to pay a 7% dividend, that will take the cake for 2007.

Who's Failing Us With Bad Information?

Gov't DEREGULATION is the mantra of "trickle-down" Republicans, both are corrupt, and in many case criminal. All this starts at the top, the gov't's own CRIMINAL STATISTICAL LIES. How about the recent "3.9% GDP"? How about all those FINANCIAL AND CONSTRUCTION JOBS the Bureau of Bullcrap added as birth-death employment? Americans are saps, fools, controlled by a media -monopoly growing bigger everyday, feeding us a steady diet of lies..
This is from Peter Schiff's latest newsletter>
"The recent rosy GDP data was made possible only by reporting annualized inflation for the quarter at the absurdly low .8%. This historically low inflation rate makes nominal GDP gains appear to be substantive. Similarly, the October payroll report relied on significant job growth that the government claims took place in construction and financial services! Given all the job cuts in these two sectors, such assumptions are clearly absurd, and paint an unrealistically sunny picture of the U.S. employment landscape."