Recent content by lrm21

AGNC is really a security fund They are buying MBS CMOs and are using 6 to 7x leverage. they were formed in the heart of the meltdown to probably cherry pick the good stuff. However they have been pushing 30% + ROE for the past year, but the net spread between their cost of borrowing and...

Yep to above they are going to defend the solvency of the union by not alllowing Greece to collapse but. A weak euro is going to be a boon to the eu because exports will climb The weak euro is going to hurt corporate profits in the us for many of the multinationals I don't think EU will...

Debt to GDP for countries with their own currencies who hold debt in their own currency means absolutely nothing Also the most tired metaphor is the nation as an individual who borrows from a credit card after losing his job countries live for ever, can never be unemployed and can...

What.. I must be missing something but everyone including Mr Genuis Krugman was signing the praises of weak dollar so we can grow exports. Now a strong dollar is good. Here is the truth, we are probably entering the next leg of the deflation credit collapse. If banks in Europe start...

actually, I saw a greek man protesting who said and I quote "I am a small businessman, I built my business and I never took any money from the government, and now I must pay for others." I got nothing in common with lecherous, lazy leftists, who probably comprise 75% of the greek...

Get a fucking job or go rob a bank. 99 weeks and they still want more!

Germans are not going to write a blank check to the greeks the austerity measures are dead on arrival I predict another few weeks of back and forth and then BAM Greece leaves the Euro they can issue there own money set a peg and pull an argetina

Nov 2, 2010

bottom 80% have never had a chance. But they continue to live better than ever in history, materially, mentally they are just as bitter and unsatisfied as ever. So it all good. The mass of men lead lives of quiet desperation - HDT

Beaker was laughed at for his goldilocks bullishness. I hope he put his money were his mouth was the last year, he should have made more than his salary. OP. dont fight the tape. If you sat out this equity rally completely, you have missed the greatest equity rally in the last 80 years. At...

http://www.bloomberg.com/apps/news?pid=20601039&sid=apWu9PvexGoE Commentary by Mark Fisher March 30 (Bloomberg) -- Historians cite the late second century as the turning point of the Roman Empire, when the once- proud, feared society began its descent into infamy. As the ruling class...

Insurance companies see the writing on the wall. They are barely profitable as is., 39 million on 6.8 billion for 2009 for wellcare They have been effectively nationalized, and will become public utilities, they will begin failing leaving a few connected entities that will run as defacto...

Why stop at a holiday. We don't we just have no work, and the government sends us all a check. Its clear the government is hording money. Just think if we spent less money on wars, and frivolous endeavors there would be enough money to send everyone a nice check to cover all their needs, and...