States Fast Approaching Financial Abyss

“…but the day of reckoning is at hand. The debt crisis is already making Wall Street nervous, and some believe that it could derail the recovery, cost a million public employees their jobs, and require another big bailout package that no one in Washington wants to talk about.” – 60 Minutes 60 Minutes has done … Read more States Fast Approaching Financial Abyss

Obama Times Mortgage Forgiveness Perfectly…

Get ready for the snake-oil salesman to go all in as he prepares to make the voters swoon, cry, and wave their arms in the air yet again. On the heels of another $1.5 Billion requested bailout from Fannie, (who has suffered 12 straight months of losses), we have the Obama political machine maneuvering to … Read more Obama Times Mortgage Forgiveness Perfectly…

A Little Matter Of Commercial Real Estate

We’ve been waiting for the second of many shoes to drop which will include the next round of residential mortgage resets AND the bottom falling out of the commercial real estate market. It appears some guys way more fluent in the aspects of the monetary problem (because they created it) are a bit edgy themselves. … Read more A Little Matter Of Commercial Real Estate

ROUND TWO Of The Mortgage Reset Game = Foreclosure

DingDingDingDingDingDing!!!! ROUND TWO!! Still think that the government is not trying to suck every last penny out of your pocket, leave you without property under your feet, and place you in a position of serfdom?  Then why did they do everything in their power to prop up the veneer of solvency for the banks and … Read more ROUND TWO Of The Mortgage Reset Game = Foreclosure

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