The dimmest minds in the house will be meeting to discuss mark to market on march 12th.  There are so many positives and negatives with this rule that its difficult to determine the end result it will have.  On one hand it tells us potentially where the banks truely stand (or at least a better [...]

My take on tomorrow and the most part of this next week is a steady decline mixed with random, unsubstantiated news based fakeouts.  Futures immediately started heading south sunday afternoon and seem to continue to be going down even as I write this.  If this week has taught us nothing else, is that 1) we’re [...]

To those saying “capitalism” and “credit” doesn’t work please keep in mind that no matter what the system, socialism capitalism or whatever, people will cheat the system.  Just read this article.  What was most disturbing is that the couple cited COULD pay their mortgage, but chose not so they could qualify for the Obama plan: [...]

…I have a theory on how the Obama Administration is playing it.
As usual, The Fly is right that the gov’t is as corrupt and crooked as the ponzi schemers.  They always have an agenda and a plan, whether it appears they do or not.  I don’t think for one second all of this is not [...]

I’m a first time poster, and have been following this site for a relatively short time.  I’m mostly cash right now, so I post this with impunity from either bears/bulls….
3 More Banks ate proverbial shit today all the while most likely giving lavish tranny-hooker, golden shower bonuses to their donkey-fucker execs.  More signs the financial [...]