For some strange reason, economists, and those who actually give credence to what they say seem to think that a single period eighty years ago set a precedent cast in stone for what to expect from thi...
Read moreAccountability is a Must Would I support a bailout? Maybe. But that’s a very big maybe. At the very least I would need to see a clear plan with specific guidelines, executed by credible a...
Read moreNOTE: Mike Stathis predicted the precise details of the financial crisis in his 2006 book, America's Financial Apocalypse. The Jewish Mafia REFUSED to publish this landmark book because it...
Read moreI Repeat… I continue to be amazed by so many out there, from the pundits with their agendas to the so-called experts who zoom in on every grain of short-term optimism with an electron microsco...
Read moreMr. Greenspan, you have been the individual most responsible for the current crisis; a crisis which commenced only a few years after you tried to minimize the dotcom collapse, which of course you also...
Read moreThose of you who are familiar with my previous publications know my real estate forecasts remain unchanged since first published in 2006.
Read moreOn Friday, IndyMac joined the long and growing list of bankrupt mortgage companies (Accredited Home Lenders, Novastar Financial, Fremont General and dozens of others) that have been taken down by what...
Read moreRunning Out of Options With the recent collapse in share price, both GSEs are going to have a very difficult time raising capital. You won’t find many buyers of the stock after its recent dive....
Read moreI find it ridiculous that Washington has led America into another trap by supporting ethanol. By now, we all know how expensive it is to produce ethanol from agricultural sources. This is especially t...
Read moreDespite recent reports of improvements in unemployment numbers and record corporate earnings growth, the state of the U.S. economy and financial markets are not what they may seem. Much of this...
Read moreAll throughout the post-bubble period, Greenspan and President Bush have been claiming how “solid” and “strong” the recovery has been since the recession of 2001-2002. ...
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