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coastalpirate
4 Comments
Golden Arches Safer Than Uncle Sam? [view article]
wyosteven1) Everyone is being bailed out, the American public and corporation's ability to borrow is what is being bailed out. Maybe we should save instead of spending more than we will ever earn? The American public has been over using credit cards, home equity loans, and yes voluntarily signing mortgages (forced by Wall Street Muscle?). Negative savings rate end like this.
2) Bailout for who?? Who didn't understand "variable rate" or "adjustable rate" would mean that your mortgage interest would go up. I guess we should be proud of the Trillions we spend on education. My poor Grandfather who was a factory worker had the intelligence not to over borrow and use a fixed rate mortgage. Today most people don't have any financial sense at all. Buy big screen TVs, I phones and Playstations when you have no money. Brilliant. Sep 26 04:26 PM
Countering the AP's 'E*Trade Financial Earnings Preview' [view article]
You didn't mention the 500 million dollar sale of the Canadian Unit. Will that wipe out the mortgage exposure and if so, what kind of share value do you think is warranted ???? Jul 22 08:34 AMEnergy and Metals Charts [view article]
You can get an idea from charts when a bubble is being created, like oil running up in the midst of a global slowdown and credit crisis, the chart looks like everyone is pouring money in because it is the only thing left going up. Also where is the commentary today? Oil goes down 7 bucks a barrel and there are no articles all day, would someone venture if this is a pop ?????? Jul 15 02:48 PMDow/Nasdaq Ratio Hits a 3-1/2 Year High [view article]
OK, but what is being implied? Is Nasdaq a screaming buy?, Is the Dow a sell? or do those extremes signal a bear market or the end of one? Mar 05 06:41 AM