Comments on: Uncle Sam Blowing Fresh Air Into the Housing Balloon?

By: Daniel Winter

Daniel Winter — Thu, 31 Dec 2009 01:06:22 +0000

How can interest rates ever go up? Companies have their arms so far up Bernanke’s asset-backed paper programme that a twitch of the thumb and forefinger move his lips. Look at the money everyone’s coining as interest costs fall through the floor. And now Bernanke’s going to slam down his foot? No way. The U.S. government is now 100% leveraged to low rates. All of their insider trading (buying TARP warrants then flooding the banking system with free money to boost share prices) can’t form a single chair leg to support the carry trade that’s boosted metals and stocks and Chinese one-bedroom apartments ($850,000) to prices that reflect full employment and 5-7% GDP growth. Five years from now we’ll be talking about hearings to roast these free-money guys over political lava floes.

By: Ray

Ray — Fri, 04 Sep 2009 01:23:45 +0000

You are absolutely correct. They are packaging these mortgages as securities again, except this time they are claiming that the investors are aware of the “not so good” loans in the portfolios and that makes it ok to sell as AAA. More of the same. Combined with the commercial real estate collapse coming up, we are in for a devastation, but some how lots of ppl just don’t believe that can happen here. When the have nots no longer get their entitlements because there aren’t any, is when real criminal problems will escalate. As they are now. Even now with 0 interest rates and recession, prices should be dropping not continuing to rise. When interest rates rise, and they will; inflation will go through the roof!
So sad the socailist gov in place can’t see it.
Ron Paul should have won.

By: Cramer’s 2007 Solution: Here’s How It’s Working Out

Cramer’s 2007 Solution: Here’s How It’s Working Out — Thu, 03 Sep 2009 14:30:24 +0000

[...] Read the story [...]