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Open letter to the conspiritors: Guys, deposit $1B US (yeah I know its peanuts but its all I need to take my trading to the next level) in to my swiss bank account (I am sure that you will have no trouble figuring out the account number with your omniscient powers) by the end of the day or I...

Given the huge drops we have seen in GDP for the last quarter around the world, the much worse than anticipated potential write downs in Europe, the list of news out just last week goes on and on, I was amazed that we didn't break to new lows end of last week. That late rally Thursday saved the...

That's a poor solution but workable until you run out of steak. We have run out of steak. Time to summmon up the courage to train the dog, if we had done so when he was a pup we wouldn't have wasted so much steak.

Careful, judging by your posts you are advocating for disenfranchising yourself :D

Sure it has a land mass three times that of MA but only 1/3 of the population of Boston.

http://www.frontlinethoughts.com/pdf/mwo021309.pdf

http://www.yourmoneypage.com/family/rebate2008a.php Might be worth checking a few scenarios before just pulling numbers out your butt. The audacity of hope as I understood it wasn't all about the audacity of those who are paying little to nothing in taxes feeling as though they are somehow...

Saw this posted on the boston.com home messege board"This might help. Heres something for you, theres a program call short refi thats exactly for the people that are making there payment. Heres how it works: 1. you apply to a mortgage company that will pre-approve you for the short refi...

CDS are more like futures than options. CDOs are the options.

LOL, having worked with several women I have found them to be better business leaders than many men. They listen well and are more respectful and care more about developing their employees potential. Generalizations are really not that useful, it always depends on the individual but if you...

For as long as it feels that a $1 put in to US debt generates more economic activity in China than a $ spent domestically.

http://online.wsj.com/article/SB123448313158279827.html This is why jumbo prime is defaulting at accelerating rates. The comparison the article misses is that while her rent is $15K , 12K less than buying he doesn't take in to accunt that very few want to put 35% of $5M at risk in a...

Well said, and the only glimmer of hope amongst all the gloom.

Good to see people with some experience posting amongst all the nonsense.

They are still quoting 2.2T as if that will be the extent of it. If the new data out of Europe placing their lossess at between $6T and $22T and Mr Mortgages numbers for domestic losses are to be believed then we are likely looking at additional writedowns in the US alone of $4T-7T before all...

Don't be so sure. FDR proposed a 100% income tax on people making more than $25K in 1942 and congressed passed a 94% income tax. Of course that was prompted by Pearl Harbor and not a bunch of people who over indulged and are now having a hard time pushing back from the feasting table.

You have good helpful ideas, most importantly you get that the solution and the way that any stimulus can be most effective is to incentivize private money to get to work. My guess is that you aren't some twenty something advocating the end of the free markets while sipping on their Starbucks...

It depends, if there is means testing (DTI) then many will not qualify for help and will be forced to vacatehouses they should never have been in in the 1st place. This will allow house prices to fall to a level where real price equilibrium is acheived and those of us who have been responsible...

LolaB, You seem to have all the answers and are no doubt a hugely accomplished person in life. Lets us know what you have in the way of a solution.

A partial but necessary longer term solution. Still doesn't address the jobs issues (without people with an income then Mr Mortgages's solution will be far less successful). http://www.ritholtz.com/blog/2009/02/mr-mortgages-guide-to-the-truth/