[SHILOH]

They get the money by printing it. It’s all on paper. And then we go deeper into national debt which rests on the backs of taxpayers. (ie…there is no “gold” reserve) Maybe they consider our national parks as their reserve?

[SHILOH]

They get the money by printing it. It’s all on paper. And then we go deeper into national debt which rests on the backs of taxpayers. (ie…there is no “gold” reserve) Maybe they consider our national parks as their reserve?

[SHILOH]

They get the money by printing it. It’s all on paper. And then we go deeper into national debt which rests on the backs of taxpayers. (ie…there is no “gold” reserve) Maybe they consider our national parks as their reserve?

[SHILOH]

“Banks” will a lose $ if they don’t up the interest rate.
They are not in the business of giving away money or giving a free service.

If the ARMs don’t adjust up, then the lenders or in the case of the MBS (Mortgage Backed Securities) or (CDOs Collateralized Debt Obligations)….
Here are some numbers clipped from a story:
$800 billion market for securities backed by subprime mortgages and $1 trillion of collateralized debt obligations.

This is where the borrowed money originated. A lot of it was other foreign wealth poured into the US and lent out, diced up into securites and sold to investors, sometimes sold back to the foreigners. Maybe this was clever, a big transfer of wealth and debt…but I think it makes the US look worse, deceptive etc.

Money is lent to make money. If they keep the teaser rate or low interest rate, they don’t make any money and US money is losing value plus inflation makes it worth about 3.5% less (around that) annually. Ie, if your boss gives you a “3.5%” raise and at the same time the cost of living goes up 3.5% then you aren’t getting ahead.

[SHILOH]

“Banks” will a lose $ if they don’t up the interest rate.
They are not in the business of giving away money or giving a free service.

If the ARMs don’t adjust up, then the lenders or in the case of the MBS (Mortgage Backed Securities) or (CDOs Collateralized Debt Obligations)….
Here are some numbers clipped from a story:
$800 billion market for securities backed by subprime mortgages and $1 trillion of collateralized debt obligations.

This is where the borrowed money originated. A lot of it was other foreign wealth poured into the US and lent out, diced up into securites and sold to investors, sometimes sold back to the foreigners. Maybe this was clever, a big transfer of wealth and debt…but I think it makes the US look worse, deceptive etc.

Money is lent to make money. If they keep the teaser rate or low interest rate, they don’t make any money and US money is losing value plus inflation makes it worth about 3.5% less (around that) annually. Ie, if your boss gives you a “3.5%” raise and at the same time the cost of living goes up 3.5% then you aren’t getting ahead.

[SHILOH]

“Banks” will a lose $ if they don’t up the interest rate.
They are not in the business of giving away money or giving a free service.

If the ARMs don’t adjust up, then the lenders or in the case of the MBS (Mortgage Backed Securities) or (CDOs Collateralized Debt Obligations)….
Here are some numbers clipped from a story:
$800 billion market for securities backed by subprime mortgages and $1 trillion of collateralized debt obligations.

This is where the borrowed money originated. A lot of it was other foreign wealth poured into the US and lent out, diced up into securites and sold to investors, sometimes sold back to the foreigners. Maybe this was clever, a big transfer of wealth and debt…but I think it makes the US look worse, deceptive etc.

Money is lent to make money. If they keep the teaser rate or low interest rate, they don’t make any money and US money is losing value plus inflation makes it worth about 3.5% less (around that) annually. Ie, if your boss gives you a “3.5%” raise and at the same time the cost of living goes up 3.5% then you aren’t getting ahead.

[SHILOH]

I live in Boston. Not everyone wants to live in So Cal. There are many people who could relocate to SD and afford the current prices, but some people like NE (I want to live in SD). Everytime I discuss SD’s “beauty” and great weather, there are only a few who say, “oh I went there for a conference and it’s really nice there.” But there are many I’ve found who could care less about sunny year-round weather. They really do like snow and seasons. It’s brutal weather here….but they like it. One thing that the East Coast cities have are excellent subways and rails. I have used the subways/rails in DC, Chicago, NY and Boston. That is the one thing I will sort of miss if/when I return to SD. The Boston freeways are really awful compared to San Diego…but then you have the public transportation which is excellent. There are so many differences between the East Coast an So Cal that to me, it is a matter of what people are accustomed to and their preferences. A lot of people would not choose SD as a place to live.

[SHILOH]

I live in Boston. Not everyone wants to live in So Cal. There are many people who could relocate to SD and afford the current prices, but some people like NE (I want to live in SD). Everytime I discuss SD’s “beauty” and great weather, there are only a few who say, “oh I went there for a conference and it’s really nice there.” But there are many I’ve found who could care less about sunny year-round weather. They really do like snow and seasons. It’s brutal weather here….but they like it. One thing that the East Coast cities have are excellent subways and rails. I have used the subways/rails in DC, Chicago, NY and Boston. That is the one thing I will sort of miss if/when I return to SD. The Boston freeways are really awful compared to San Diego…but then you have the public transportation which is excellent. There are so many differences between the East Coast an So Cal that to me, it is a matter of what people are accustomed to and their preferences. A lot of people would not choose SD as a place to live.

[SHILOH]

I live in Boston. Not everyone wants to live in So Cal. There are many people who could relocate to SD and afford the current prices, but some people like NE (I want to live in SD). Everytime I discuss SD’s “beauty” and great weather, there are only a few who say, “oh I went there for a conference and it’s really nice there.” But there are many I’ve found who could care less about sunny year-round weather. They really do like snow and seasons. It’s brutal weather here….but they like it. One thing that the East Coast cities have are excellent subways and rails. I have used the subways/rails in DC, Chicago, NY and Boston. That is the one thing I will sort of miss if/when I return to SD. The Boston freeways are really awful compared to San Diego…but then you have the public transportation which is excellent. There are so many differences between the East Coast an So Cal that to me, it is a matter of what people are accustomed to and their preferences. A lot of people would not choose SD as a place to live.

[SHILOH]

Is there any recourse in the fraud you are describing?

[SHILOH]

Is there any recourse in the fraud you are describing?

[SHILOH]

Is there any recourse in the fraud you are describing?

[SHILOH]

From what I read….many didn’t even build reserves into the risk from all the low-grade mortgages.

[SHILOH]

From what I read….many didn’t even build reserves into the risk from all the low-grade mortgages.

[SHILOH]

From what I read….many didn’t even build reserves into the risk from all the low-grade mortgages.

[Author]

Posts