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Maybe Buffet will get some more sweet, sweet gov't welfare from the Chinese, like he got here with AIG paying his beloved Goldman back on CDSs they wouldn't have been able to make good on without taxpayer billions... http://www.bloomberg.com/apps/news?pid=20601109&sid=ac5y0W1swgXE

Incredible! They've come right out and admitted the whole plan on preventing an outright global depression is based on bolstering "confidence," and that the USD is unable to fulfill a role as a global reserve currency! This is the most incredible announcement I've ever seen regarding the...

*Thanks to Arnie for the article. Barack Obama accused of making 'Depression' mistakes http://www.telegraph.co.uk/finance/economics/6147211/Barack-Obama-accused-of-making-Depression-mistakes.html Barack Obama is committing the same mistakes made by policymakers during the Great...

http://www.econlib.org/library/Columns/y2009/Hummeltbills.html

Excellent point. Always be leery of any option that requires proactive action on the part of the one being imposed on. It's akin to the mail order company that says they'll keep shipping goods to you and billing you for things until you send them a notice to stop.

"Red flags" is an understatement. Commercial is getting hammered and default rates on some pretty leveraged (and now extremely underwater) properties is going to explode. In 2000, 5.2% of commercial mortgage originations were 0% down adjustables, and by 2005 58.1% were. Think about that...

99% of them are front page Bloomberg articles - not that hard to find unless one is delusionally optimistic and myopic. See, it took me less than 4 seconds to find this one on Bloomberg based on your prompting: Equity Fund Outflows Surge, $4.29 Billion From U.S. (Update1) Share | Email...

Anything is possible. It is being reported that H1N1 devastates the lungs and has now put 15% of people it infects in hospital, typically on ventilators. If true, this is going to be a real test of the American Health System and government response capabilities over the next few months...

Scale of anticipated flu pandemic 'frightening': Doctor By Meagan Fitzpatrick Canwest News Service September 4, 2009 http://www.leaderpost.com/health/Scale+anticipated+pandemic+frightening+Doctor/1958388/story.html A student has her temperature taken to monitor symptoms of flu. Most...

Does anyone here really not see literally close to a million or even many millions of people mailing the keys in if their homes remain under water for the next several years? Is this not the economically rational choice when one throws out any issues of ethics?

That's hilarious coming from you. I'd say you're probably a low rung slave of Wall Street, so it's understandable you'd object to my pointing out the scumbaggery of Wall Street.

You're very whiny but I'll never put you on ignore, creampuff. XOXOXOXOXO

We're privatizing profits and socializing losses in American, and a hell of a job at it...

This guy should really get some f**king meds for his senility (look at his contradictions): The economy will rebound as surely as night follows day, but not because of government action. A "third technological revolution" is leading to an explosion of inventions that trumps state policy. All...

This is not my opinion or statements but those of an attorney friend who has 5 national banks as clients, spoken to me over drinks well into the night (yes, he was somewhat inebriated): "Some people have been living in a home that they've failed to make a single mortgage payment on for nearly...

:eek:

Really unbelievable. Why don't they drop the nominal yield to negative 10% now, while they're at this bull? Is this much different than the California IOU scheme? http://money.cnn.com/2009/09/05/news/economy/Obama_retiremetn/index.htm?postversion=2009090506

http://dotearth.blogs.nytimes.com/2009/09/06/white-sharks-cause-stir-on-cape-cod/?hp

Another sign that the NWO Agenda pledges no allegiance to anyone, but rather pledges allegiance to money - Americans have no one to devise and implement any strategies that protect them from the slave-wage race to the bottom, and the brutal, head to head competition with nations from China to...

http://www.gmwatch.org/latest-listing/1-news-items/11354-smart-chickens-not-duped-by-gm-feed