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I thought it was "loquaciousness", but please continue.:D

Yes, seriously! A Realtor I spoke with on the same day said she's getting swamped with calls from Mtg. brokers that are going begging for business. Like trading, some do very well, and most don't. The one's that are doing very well are in business to stay I guess. Writing loans every day...

I just spoke with a Mtg. officer, and she told me she's doing 97% LTV loans all day, every day. FHA too!

I didn't see every second of the interview, but he didn't mention it.

I saw DeFazio on CNBC early this morning...man oh man..if I looked like that I'd hate the world too! I might not be much to look at, but he's fugly.:D

Speaking of the so called Credit Crunch, I was at a real estate closing yesterday and spoke with a Mtg. Broker. The lady said she hadn't seen any problems getting a loan, and was writing 97% LTV's all day long. With good credit and proof of income, you can buy a house! Amazing huh?

Amen.

"Joe Six-Pack" is anesthetized by free circuses (TV) and bread(Welfare) to the point of apathy.

Not being a smartarse..but who says they're not? I'd think they're looking at it pretty hard right now.

I saw that earlier this morning and thought the same....maybe this is their alternative to total immediate financial collapse?:mad: btw...Barack Hussein Obama has a plan to place a Federal Ban on Concealed Carry Permits nationwide, usurping States' Rights to issue these permits in accordance...

I fear you're right. But I must wonder when they'll make the trading tax retroactive a few years just to really bust ALL traders, even the big guys.

I wrote MY Congressman in protest, and also implored him to tell Chris Cox to lift the ban on shorting. My analogy was "A car with no brakes can only crash". No short=no brakes. I trade futures, but no shorts for stocks affects me too. We're all affected by the "decisions" these people make...

Probably some validity to that theory. I've heard from anonymous Fed. Law Enforcement sources that if we legalized drugs, our banks would surely fail. Another interesting theory that I"d like to see tested.

and they'll make it retroactive for 10 years

You, me, and thousands of other traders. Wouldn't the mkts cease to exist? ( I sent my broker the URL!)

:D +1 !!

I wish.

I'm ex Law Enforcement,and dread my phone ringing with the offer of a "job". I"d take it, but I sure don't wanna.:(

We'll never stop paying for the idiocy of the Congresscritters.

Regarding the Dictatorship, you might very well be right. Unfortunately.:mad: