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dontfollowtheherd.
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February 29, 2008 at 5:42 AM #162832February 29, 2008 at 1:42 PM #162500
Ex-SD
ParticipantMerrill Lynch only has it half right. Prices are likely to keep falling for at least the next five years in CA……………………not just until 2010. This is going to be a lot worse than Wall Street and the government wants to admit. The economy is slowing, gas prices are likely to hit $4 by April and Bush, Bernanke and Congress have eroded the value of the U.S. dollar. The American automobile industry is going down the tubes and manufacturing anything in this country but pizzas and other fast food is becoming the norm. The USA is now being viewed by the rest of the world as a second-rate country. You can thank your greedy, self-serving politicians who will bend over for a buck for any lobbyist or CEO who’s willing to blow in their ears and slip them some $$$$.
February 29, 2008 at 1:42 PM #162798ParticipantMerrill Lynch only has it half right. Prices are likely to keep falling for at least the next five years in CA……………………not just until 2010. This is going to be a lot worse than Wall Street and the government wants to admit. The economy is slowing, gas prices are likely to hit $4 by April and Bush, Bernanke and Congress have eroded the value of the U.S. dollar. The American automobile industry is going down the tubes and manufacturing anything in this country but pizzas and other fast food is becoming the norm. The USA is now being viewed by the rest of the world as a second-rate country. You can thank your greedy, self-serving politicians who will bend over for a buck for any lobbyist or CEO who’s willing to blow in their ears and slip them some $$$$.
February 29, 2008 at 1:42 PM #162813ParticipantMerrill Lynch only has it half right. Prices are likely to keep falling for at least the next five years in CA……………………not just until 2010. This is going to be a lot worse than Wall Street and the government wants to admit. The economy is slowing, gas prices are likely to hit $4 by April and Bush, Bernanke and Congress have eroded the value of the U.S. dollar. The American automobile industry is going down the tubes and manufacturing anything in this country but pizzas and other fast food is becoming the norm. The USA is now being viewed by the rest of the world as a second-rate country. You can thank your greedy, self-serving politicians who will bend over for a buck for any lobbyist or CEO who’s willing to blow in their ears and slip them some $$$$.
February 29, 2008 at 1:42 PM #162830ParticipantMerrill Lynch only has it half right. Prices are likely to keep falling for at least the next five years in CA……………………not just until 2010. This is going to be a lot worse than Wall Street and the government wants to admit. The economy is slowing, gas prices are likely to hit $4 by April and Bush, Bernanke and Congress have eroded the value of the U.S. dollar. The American automobile industry is going down the tubes and manufacturing anything in this country but pizzas and other fast food is becoming the norm. The USA is now being viewed by the rest of the world as a second-rate country. You can thank your greedy, self-serving politicians who will bend over for a buck for any lobbyist or CEO who’s willing to blow in their ears and slip them some $$$$.
February 29, 2008 at 1:42 PM #162902ParticipantMerrill Lynch only has it half right. Prices are likely to keep falling for at least the next five years in CA……………………not just until 2010. This is going to be a lot worse than Wall Street and the government wants to admit. The economy is slowing, gas prices are likely to hit $4 by April and Bush, Bernanke and Congress have eroded the value of the U.S. dollar. The American automobile industry is going down the tubes and manufacturing anything in this country but pizzas and other fast food is becoming the norm. The USA is now being viewed by the rest of the world as a second-rate country. You can thank your greedy, self-serving politicians who will bend over for a buck for any lobbyist or CEO who’s willing to blow in their ears and slip them some $$$$.
February 29, 2008 at 11:45 PM #163011dontfollowtheherd
ParticipantGraham,
Securitized mortgages sound all well and good but too much of the devil is in the details. There’s a bit too much murkiness in the bath water for me to dip my toes in. What happens if they sell these loans to a third party? Are they still secure? Liar loans are prevalent and predominant and it’s going to take quite a while to figure out who is legit. We’re in this mess in large part due to greed creating an over-abundant pool of mortgage-backed securities that were based on “creative” financing imo. Check out this link:
February 29, 2008 at 11:45 PM #163316ParticipantGraham,
Securitized mortgages sound all well and good but too much of the devil is in the details. There’s a bit too much murkiness in the bath water for me to dip my toes in. What happens if they sell these loans to a third party? Are they still secure? Liar loans are prevalent and predominant and it’s going to take quite a while to figure out who is legit. We’re in this mess in large part due to greed creating an over-abundant pool of mortgage-backed securities that were based on “creative” financing imo. Check out this link:
February 29, 2008 at 11:45 PM #163328ParticipantGraham,
Securitized mortgages sound all well and good but too much of the devil is in the details. There’s a bit too much murkiness in the bath water for me to dip my toes in. What happens if they sell these loans to a third party? Are they still secure? Liar loans are prevalent and predominant and it’s going to take quite a while to figure out who is legit. We’re in this mess in large part due to greed creating an over-abundant pool of mortgage-backed securities that were based on “creative” financing imo. Check out this link:
February 29, 2008 at 11:45 PM #163341ParticipantGraham,
Securitized mortgages sound all well and good but too much of the devil is in the details. There’s a bit too much murkiness in the bath water for me to dip my toes in. What happens if they sell these loans to a third party? Are they still secure? Liar loans are prevalent and predominant and it’s going to take quite a while to figure out who is legit. We’re in this mess in large part due to greed creating an over-abundant pool of mortgage-backed securities that were based on “creative” financing imo. Check out this link:
February 29, 2008 at 11:45 PM #163420ParticipantGraham,
Securitized mortgages sound all well and good but too much of the devil is in the details. There’s a bit too much murkiness in the bath water for me to dip my toes in. What happens if they sell these loans to a third party? Are they still secure? Liar loans are prevalent and predominant and it’s going to take quite a while to figure out who is legit. We’re in this mess in large part due to greed creating an over-abundant pool of mortgage-backed securities that were based on “creative” financing imo. Check out this link:
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