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Speak for yourself. I'm a taxpayer who lived within his means, 2/3 the way through a 15yr fixed-rate mortgage and didn't take part in any of this overheated housing bubble directly or indirectly via a HELC. Me, and others like myself are very much the victims in this crap.

Agree, to a point. Switching a fairly simple trading system on or off based on it's equity curve can lead to a more robust result than adding additional filters directly to the system's trading rules. Like anything else though, YMMV...

OT: How does an English citizen get to use "King" as a surname while BurgerKing(tm) is prohibited from displaying that trademark?

Let's be fair, greed works both ways. Odds are, she would have held too long and still got screwed. But, that's not the issue here, is it. Was she foolish? Certainly. Does that put her in the same category as some fool who buys a "rolex" off the street for $50 and then whines when he...

The only thing screwed-up is you brain. What was going on between the mortgage brokers, originators and Wall Street was outright fraud on an epic level.

What part of taxpayer subsidized backstops are you having trouble parsing? While they shouldn't, they certainly can, and they will.

It's not like the rest of the world's presses have been idle and it remains to be seen who ends up printing the most and sterilizing the least.

Well, if you think inflation is going to start kicking in over the next 6-9 months then I'd agree that housing would not take part. But, I still think we've got a couple of years of deflation ahead of us as the commercial real estate market catches up with not only what's already happened on...

I think it's pretty obvious that lowering standards is off the table for good. Unfortunately, the only other option is the one I think we're going to be hearing a lot over the next couple of years; taxpayer subsidized backstops.

I was quoting the bare minimum, sorry for not being clear on that. As for multiplication, I assume you mean grouping, by 2's, 5's, 10's, etc. Standards do vary by state though, so there might be some that take multiplication to a more abstract level than grouping. Good site for all this...

Well, that's exactly the rub; it can't be at any cost, which is why I mentioned that they have to reflate real estate. The key to navigating out of this mess is going to be the successful management of getting real estate values to rise at a faster rate then core inflation, especially energy...

I agree, inflation is definately in the cards. Although, my guess is that even with levels higher than we saw during the Cater years, it's going to be blunted somewhat by a few years of pretty severe asset deflation before it gets really going. There's no way their plan can't include...

Your argument would hold more water if you checked your facts on 1st grade a bit more before trying to con the rest of us that you're actually a parent of one. First off, the entry age for first grade is to be at least 6 years old sometime before the school year begins. And, while I'm sure...

If it's facts you're after, you can start with the complete list of everyone who's ever served on the board and start counting up those pesky Jews for us: http://www.federalreserve.gov/BIOS/boardmembership.htm After you've done that you extract the hidden Jewish banking conspiracy from...

C'mon, finish the story. What happened on the chart from 3/00 to 10/02 was because of...

Well, at least you get 45min of premarket before he talks. Then again, what's his track record so far? Haven't the financials tanked 4 out of 5 times after he opens his yap?

How long does a bill have to bake in Congress in order to be "moderate" and not "impulsive?" If it's longer than 45 days then you've got some 'splainin' to do because that's how many days after the towers fell that the PATRIOT act became law. BTW, the Court doesn't act, it decides...

Your "observations" have little to do with reality. The simple fact of the matter is that life doesn't work like some idyllic Utopian fantasy laid out in a future history novel. In real life there are bad actors who are going to trample over another's personal freedoms, behave...

Obviously, you didn't watch the show. If you did you'd know that the OP left out a few key facts. She was going to cover the gap by having her sister move in and help pay the mortgage and after a year re-fi. Now, who the fuck put the whole idea of the re-fi in her head? Typical...

Has anyone actually seen for themselves even one case where the mortgage payment at the time of closing exceeded the person's income? No, of course not.