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Archive for May, 2010

Bernanke Warns Politicizing Fed Bad for Economy as Low Interest Rates Prolong Problems (Didn’t He Just Do That? Huh Wha?) Banker Double Speak at its Best…

30 May

Guest Post: Central Banking vs. the Republic and the World May 29th, 2010 by Damon Vrabel (please take the Bernanke survey below) A couple days ago in Japan, Ben Bernanke said that the benefits of low interest rate policies that politicians want “are not sustainable and soon evaporate, leaving behind inflationary pressures that worsen the [...]

 

4closurefraud.org Tongue in Cheek: How Main Street Destroyed Walled Street

29 May

How Main Street has Destroyed Wall Street Posted by Foreclosure Fraud on May 16, 2010 · 9 Comments How Main Street has Destroyed Wall Street Posted by Capt. Jack I guess now would be a good time to shoot the greedy homeowners. It’s crystal clear. From the very beginning the homeowners have gamed the system. They [...]

 
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Matt Taibbi’s “Wall Street’s War” is a Front Lines Look At How to Kill Financial Reform (Not to mention the lists of the players)

29 May

Matt Taibbi’s latest and perhaps most frightening, clear and concise pieces of news from the front lines of the no financial reform world of corruption the America we know has fallen into is an absolute must read for anyone who is having any questions or trouble at all understanding what just happened and what is [...]

 

Even in the Bonfire

29 May

-by the Mysterious Flying Miser As HBB readers will tell you, the state of Florida exemplifies housing-bubble consequence with blistering veracity.  And one of the most pointed details of Florida’s economic and literal skyline is the monstrosity of their market in condominiums.  It seems the available inventory looms over the state like a giant, ominous, [...]

 
 

Tim Miller “Love, Your Broken Home” for Manelman’s Birthday

29 May

It’s a little raw around the edges, but then so is the situation. No question he nails the sentiment. Waking up to another birthday in a place that is becoming less recognizable by the day, but Happy Birthday anyhow. Love, Your Broken Home. By Tim Miller Today’s my birthday.  I remember my last birthday too, [...]

 
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Nathan Martin on Technical Trading, Fat Fingers and Concentrated Money Powers

28 May

If you don’t think you understand or know much about markets, this might be some good introductory material, if you think you do, it has more to offer… Here is a great radeio interview with Nathan Martin from his blog that gives you a chance to get a little education on technicals, fundamentals and psychology [...]

 

The Road To Serfdom – A Guest Post on Max Keiser’s Blog on the 1944 Classic by F.A. Hayek

28 May

This rather long guest post from Max Keiser’s site is well worth the read – and then you can pick up the book and read it. We’ve place a link to the book below the post. Guest Post: The Road to Serfdom from maxkeiser.com by Max Keiser and Stacy Herbert Michael Krieger As is true [...]

 

Treasury’s Mortgage Modifications: A Failure Prolonging the Economic Crisis

27 May

Here it is. The Committee on Oversight and Government Reform published this report on February 25, 2010. And I’d say more about that, but this is one report, that speaks for itself. House Committee Report on HAMP

 

How the Commercial Crash will Crash the Smaller Banks While the TBTFs Ride the Bailout Train to Freedom

27 May

Moving ahead of the expected crash of Parkmerced, the investors work to stop the bleeding on the huge apartment complex in San Francisco – But when you do the math, it doesn’t look good – what happens to the rest of the commercial market as the TBTFs hang on with no sign of their pain [...]

 
 

Max Keiser Reports on Social Fury, Sovereign Debt Crises and Guillotine Cakes

27 May

The latest edition of the Keiser Report – and all we can say is “It keeps getting better!” In this latest Max Keiser Report we hear the inside scoop on the Bernanke confirmation and threats of economic collapse; the phenomena known as Social Fury; US Government web sites defining Conspiracy Theory; Guillotine Cakes   and [...]