Comments on: Mortgage Rates Soaring: Remember the Good Old Days When .gov Didn’t Run the Show?

By: Paisano1

Paisano1 — Wed, 24 Sep 2008 19:53:44 +0000

“Liars, and the Lying Lies They Are Telling You”
http://yourmortgageoryourlife.wordpress.com/2008/09/23/liars-and-the-lying-lies-they-are-telling-you/

“Privatizing Profits and Socializing Losses: How the Rich are Staying Rich”
http://yourmortgageoryourlife.wordpress.com/2008/09/19/privatizing-profits-and-socializing-losses-how-the-rich-are-staying-rich/

“Conspiracies and Headlines – What’s the Difference?”
http://yourmortgageoryourlife.wordpress.com/2008/09/22/conspiracies-and-headlines-whats-the-difference/

By: Mr. Mortgage’s Guide to the TRUTH! » Mortgage Defaults Already at $50bb Per Month…$700bb Won’t Go Too Far!

Tue, 23 Sep 2008 18:57:53 +0000

[...] This is What Financial Armageddon Feels LikeAgency MBS Hammered – PIMCO Begging For ANOTHER Bailout!Mortgage Rates Soaring: Remember the Good Old Days When .gov Didn’t Run the Show?Meredith Whitney Scares the Crap out of EveryoneMr Mortgage: Be Careful – False Bottom in Defaults [...]

By: Mr. Mortgage’s Guide to the TRUTH! » August CA Home Sales & Foreclosure Report…Plus National ‘Existing Home Sales’ Preview

Tue, 23 Sep 2008 01:49:10 +0000

By: Richard Estes

Richard Estes — Thu, 18 Sep 2008 19:16:31 +0000

interesting post about Pimco and Agency MBS, perhaps, a panic response, but it prompted me to close out my account in a short term federal agency fund (heavily invested in short term FHLB issues), and transfer the funds to a short term treasury one, as capital preservation, not return, is of primary importance right now, and it is something that I have contemplated for quite awhile, anyway

for me, federal + mortgage is not something that I want to be involved with, at least not for awhile

By: JoJo

JoJo — Thu, 18 Sep 2008 13:45:37 +0000

The mattress, the wheel barrow, nor the trunk will be of any benefit if you don’t have fire power to protect them!

By: Marc Authier

Marc Authier — Thu, 18 Sep 2008 05:24:04 +0000

Nah! They are just to dumb for that. You do the crap and then you find a way to profit from handsomely. Anyways these bums will retire like Mozilo with theit stash of cash, like Big Dick. You would need a hit squad to make an example of some these guys. Banksters and politishitians. Unfortunalately there control the killers too. You see there are protected on all sides. No Hope in the USA. The best thig that could happen would be a bank holiday. It’s coming after the election.

By: Kip

Kip — Thu, 18 Sep 2008 04:02:40 +0000

TONY – you know, in the back of my mind, I’ve wondered if some of this was done on purpose.

By: Truth doctor

Truth doctor — Thu, 18 Sep 2008 04:00:54 +0000

would he prefer the program to have been privatized and in the ‘care’ of Bear Sterns, Merril Lynch & Lehman Bros.?

So you’re saying it’s safer in its current form? You sure about that?

Be careful when you call people idiots, sometimes your finger points the wrong direction.

By: Kip

Kip — Thu, 18 Sep 2008 03:59:31 +0000

***NATE — Suggestion for a better product offering at your store. Rather than a wheelbarrow, sell a dolly with compartments. This is much better for transporting a mattress. Heck, a twin mattress could be tied off and all you have to do is set the dolly down, and bam!!! Instant bed. The use of compartments on the dolly would allow the individual to carry their cash. Some compartments could be insulated for food carrying. Don’t forget the need to carry some water, too. While your at it, have a removable heavy duty container (a bag type), to allow the individual to pick up cans in order to make money during the next depression. Mobile Living as a store name?

By: Viv

Viv — Thu, 18 Sep 2008 03:22:45 +0000

3 month LIBOR marked its biggest jump in 9 years, According to some estimates, loans and derivative contracts totaling roughly $150 trillion — more than $20,000 for every person on Earth — are indexed or tied to Libor in some way.

The TED spread is spiking and CDS rates for goldman and morgan are spiking as well. Asian stocks are bleeding.

WaMu is up for auction?!?

Russian stocks fell precariously.

Gold’s biggest spike upwards since 1980

T-bills seeing rates not seen since World War 2.

Fed beginning the printing presses. Madness spreading. Thank you Mr Greenspan, Bernanke, Paulson and Bush.