Day: August 10, 2009

Message From The Monster 8.10.09

Dear Readers, If my site really starts acting weird, let me know... I have had even more interesting visitors in the last week and have reason to believe the site will crash... ...and for those visitors - the truth is coming out and there is nothing you can do about it... (P.S. Everybody send out a great big Monster wave to Perkins Coie!)
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“FHA Running Leverage Equal To Bear Stearns and Lehman Brothers”

If you have not put Market Ticker on your subscribe list, better do it now! DAMNIT, STOP THE LOOTING NOW! Put the kids away before reading. If this does not make your blood boil..... Herein lies the problem. The FHA’s standard insurance program today is notoriously lax. It backs low downpayment loans, to buyers who often have below-average to poor credit ratings, and with almost no oversight to protect against fraud. Sound familiar? This is called subprime lending—the same financial roulette that busted Fannie, Freddie and large mortgage houses like Countrywide Financial. The article goes on to note that as…
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Barney Frank Wants To Share Information With Foreign Auditor Authorities

(As an aside before we get started on Barney Frank's undermining of the Constitution, I want you to be aware of this new legislation that has been proposed, but as of yet, the text is unavailable.  As soon as it becomes available, the Monster will be on it! Aug 7, 2009 - Bill Action Introduced: S. 1648: A bill to amend the Federal Election Campaign Act of 1971 to replace the Federal Election Commission with the Federal Election Administration, and for other purposes. Sen. Russell Feingold [D-WI] introduced this bill.) ******** As I have written before, Barney Frank could be…
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What IS The Agenda?

I have spent the last 2 1/2 days getting ready for a hurricane tropical storm that can't seem to decide how big and what path it is actually going to take.  I have also not been writing because I have been watching, and background processing, and the only question that keeps coming up over and over again is, "What IS the agenda of the democrats and this WH?" Nobody could possibly be so stupid as to attack the American public unless they want to achieve an outcome they already know is coming. Something about all of this reeks of "timing".…
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