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barnaby33ParticipantSRS. Today is a good entry point. This rally has more to go, but only so the shorts can load up again. Nothing has been solved. I liked Chris’s phrase, “Barry and the interns.” Its like Bushonomics, but with a black face.
I think Dean Kunstler said it best in his blog:
If central casting called for a poised, straight-talking, and capable-seeming president, it would be hard to come up with someone better than the Barack Obama who walked and talked around the White House grounds with Steve Croft on “60-Minutes” Sunday night. He may perfectly represent the majority who elected him, though, because he also appears to be in full commanding denial of the realities overtaking our American experience.
Those realities include the fact that we can’t possibly return to the easy credit and no money down “consumer” economy no matter how many nominal dollars get shoveled into the fiery furnaces of banks too-big-to-fail. As Treasury Secretary Geithner’s underling, Stephanie Cutter, said last week, “Our singular focus is on increasing lending to support economic recovery. Everything we do to stabilize the financial system is done with that goal in mind.”In other words, if you think that was the bottom, sold to you!
Joshbarnaby33ParticipantSRS. Today is a good entry point. This rally has more to go, but only so the shorts can load up again. Nothing has been solved. I liked Chris’s phrase, “Barry and the interns.” Its like Bushonomics, but with a black face.
I think Dean Kunstler said it best in his blog:
If central casting called for a poised, straight-talking, and capable-seeming president, it would be hard to come up with someone better than the Barack Obama who walked and talked around the White House grounds with Steve Croft on “60-Minutes” Sunday night. He may perfectly represent the majority who elected him, though, because he also appears to be in full commanding denial of the realities overtaking our American experience.
Those realities include the fact that we can’t possibly return to the easy credit and no money down “consumer” economy no matter how many nominal dollars get shoveled into the fiery furnaces of banks too-big-to-fail. As Treasury Secretary Geithner’s underling, Stephanie Cutter, said last week, “Our singular focus is on increasing lending to support economic recovery. Everything we do to stabilize the financial system is done with that goal in mind.”In other words, if you think that was the bottom, sold to you!
Joshbarnaby33ParticipantLingerie clad pillow fight girlfriend, or friend who is a girl?
Joshbarnaby33ParticipantLingerie clad pillow fight girlfriend, or friend who is a girl?
Joshbarnaby33ParticipantLingerie clad pillow fight girlfriend, or friend who is a girl?
Joshbarnaby33ParticipantLingerie clad pillow fight girlfriend, or friend who is a girl?
Joshbarnaby33ParticipantLingerie clad pillow fight girlfriend, or friend who is a girl?
Joshbarnaby33ParticipantWe are being so robbed. Bernake could have taken that trillion and offered Americans 4% mortgages and loans. Our economy would be skyrocketing.
Wow, you just don’t get it. What an entitlement mentality. Almost as bad as the robbers on Wall St. Its low interest rates that got us into trouble in the first place. The govt has no business handing out money to any party, neither bankers nor people looking to buy more crap that they can’t afford.
4% is historically far too low a rate to compensate someone for the use of their money for up to 30 years. That is just flat out insane.
Those of you predicting a tide of inflation have been wrong so far, and for the foreseeable future you’ll continue to be wrong, at least with respect to asset prices. Berspankme may end up driving food and fuel prices up, but only in the short term. The deflationary tide has landed. Social mood is darkening and people don’t want to borrow. Once that happens an economy built on selling crap made in 3rd world countries that you don’t need is going to have a hard time recovering, regardless of how low interest rates go.
Joshbarnaby33ParticipantWe are being so robbed. Bernake could have taken that trillion and offered Americans 4% mortgages and loans. Our economy would be skyrocketing.
Wow, you just don’t get it. What an entitlement mentality. Almost as bad as the robbers on Wall St. Its low interest rates that got us into trouble in the first place. The govt has no business handing out money to any party, neither bankers nor people looking to buy more crap that they can’t afford.
4% is historically far too low a rate to compensate someone for the use of their money for up to 30 years. That is just flat out insane.
Those of you predicting a tide of inflation have been wrong so far, and for the foreseeable future you’ll continue to be wrong, at least with respect to asset prices. Berspankme may end up driving food and fuel prices up, but only in the short term. The deflationary tide has landed. Social mood is darkening and people don’t want to borrow. Once that happens an economy built on selling crap made in 3rd world countries that you don’t need is going to have a hard time recovering, regardless of how low interest rates go.
Joshbarnaby33ParticipantWe are being so robbed. Bernake could have taken that trillion and offered Americans 4% mortgages and loans. Our economy would be skyrocketing.
Wow, you just don’t get it. What an entitlement mentality. Almost as bad as the robbers on Wall St. Its low interest rates that got us into trouble in the first place. The govt has no business handing out money to any party, neither bankers nor people looking to buy more crap that they can’t afford.
4% is historically far too low a rate to compensate someone for the use of their money for up to 30 years. That is just flat out insane.
Those of you predicting a tide of inflation have been wrong so far, and for the foreseeable future you’ll continue to be wrong, at least with respect to asset prices. Berspankme may end up driving food and fuel prices up, but only in the short term. The deflationary tide has landed. Social mood is darkening and people don’t want to borrow. Once that happens an economy built on selling crap made in 3rd world countries that you don’t need is going to have a hard time recovering, regardless of how low interest rates go.
Joshbarnaby33ParticipantWe are being so robbed. Bernake could have taken that trillion and offered Americans 4% mortgages and loans. Our economy would be skyrocketing.
Wow, you just don’t get it. What an entitlement mentality. Almost as bad as the robbers on Wall St. Its low interest rates that got us into trouble in the first place. The govt has no business handing out money to any party, neither bankers nor people looking to buy more crap that they can’t afford.
4% is historically far too low a rate to compensate someone for the use of their money for up to 30 years. That is just flat out insane.
Those of you predicting a tide of inflation have been wrong so far, and for the foreseeable future you’ll continue to be wrong, at least with respect to asset prices. Berspankme may end up driving food and fuel prices up, but only in the short term. The deflationary tide has landed. Social mood is darkening and people don’t want to borrow. Once that happens an economy built on selling crap made in 3rd world countries that you don’t need is going to have a hard time recovering, regardless of how low interest rates go.
Joshbarnaby33ParticipantWe are being so robbed. Bernake could have taken that trillion and offered Americans 4% mortgages and loans. Our economy would be skyrocketing.
Wow, you just don’t get it. What an entitlement mentality. Almost as bad as the robbers on Wall St. Its low interest rates that got us into trouble in the first place. The govt has no business handing out money to any party, neither bankers nor people looking to buy more crap that they can’t afford.
4% is historically far too low a rate to compensate someone for the use of their money for up to 30 years. That is just flat out insane.
Those of you predicting a tide of inflation have been wrong so far, and for the foreseeable future you’ll continue to be wrong, at least with respect to asset prices. Berspankme may end up driving food and fuel prices up, but only in the short term. The deflationary tide has landed. Social mood is darkening and people don’t want to borrow. Once that happens an economy built on selling crap made in 3rd world countries that you don’t need is going to have a hard time recovering, regardless of how low interest rates go.
Joshbarnaby33ParticipantOk but most places in South OC were exorbitant to begin with. So now your rent is merely outrageous?
Joshbarnaby33ParticipantOk but most places in South OC were exorbitant to begin with. So now your rent is merely outrageous?
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