Dirtt

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    • Wed Oct 8th 13:40 PM | Rating: 0 0
      Commented on:
      Homebuilder Trends: What To Do About Inventory? [Housing Tracker]
      What to do with some of the inventory?

      Pass out nail pullers. Some of those newly built communities on the fringe of suburbia have no chance of being filled even in the intermediate time frame.

      So take them apart and ship them off to China. They will create short term jobs. Remove inventory and supply the demand in Asia.
      View article »
    • Tue Oct 7th 16:11 PM | Rating: 0 0
      Commented on:
      The Chickens Come Home to Roost, But Have We Really Learned from Our Mistakes?
      You have to laugh and find humor...otherwise we might seek other forms of expression.

      Allen is "dead on balls accurate." We live on an island 3000 miles from the Port Of Los Angeles. Stockpiling food and water (and air for you in metropolitan areas) is critical. Thankfully we can grow all year.

      Taxation Without Representation. The grass roots movement which commenced in 1764 may have seemed a little radical at the time. And what does it tell you when members of Congress say 85% of their constituents told them to vote NO but they still voted YES. Who in the hell are they working for anyway?

      It's the year 2008. And when 85% of the voters say NO to this scale of taxation and those that represent us say YES what other mantra rings true?

      When I say "keep the powder dry" I mean it in its contemporary form (pundits on Wall Street) and its historical form (real patriots...the Minutemen.) And perhaps the impending revolution will be a peaceful one. The pension funds for many in law enforcement suffered the same fate.

      Tar and feathers for the BOLD FACE LIARS is a remedy I'd sign on to.
      View article »
    • Mon Sep 15th 03:40 AM | Rating: 0 0
      Commented on:
      Reasons to Cheer Lehman’s Demise
      The " shenanigans in real estate and mortgage- backed securities" go far beyond the CEO's and the "Three Stooges" as suggested by another contributor to Seeking Alpha - two of the "Three Stooges" being Bernanke and George Bush.

      Well. Okay. Either that contributor is the tail end of the election manipulation that is at the core of what almost no one is willing to acknowledge or his hubris ranks right up there with the Harvard and Yale genius that designed the 'house of cards' falling from (false)grace. Good work chaps (or is it lads). I could have found someone from Cal State Northridge who could have created this 100-year calamity FOR FREE and in less time.

      Would the employment of an independent regulator of the GSE's in 2006 have curtailed the malfeasence yet to come home to roost?

      Who installed the lobbyists in upper management at the GSE's?

      Why were the GSE's donating soft money to influence congressional elections? And why did the GSE's feel compelled to influence anything at all let alone elections?

      And the "three stooges?"...Your contributor failed to include Jamie Gorelick, Frank Raines and Susan Molinari not to mention a former FBI hack. That's four excluding Bernanke and Bush. Shall we begin to tally up those in Congress. If we add the list IBD just compiled of RNC & DNC looters then three DOZEN doesn't even scratch the surface.

      Mr. Morici is right about the collateral damage. But what about the root of the malfeasance.

      Who in the hell would put lobbyists in control of an operation which demands experience in finance? And why can Barney Frank speak publically about matters that the SEC would normally find dubious if not flat out illegal?

      America is waking up because a few true patriots remember 1764 and the commencement of the Taxation Without Representation grass roots movement. Centuries later we are no better. REVOLTING.

      View article »
    • Sat Sep 6th 21:27 PM | Rating: 0 0
      Commented on:
      RNC / DNC: Crisis? What Crisis?
      Thank you for the article.

      If we don't stop talking about and
      If we don't stop trying to enlighten and
      If we don't stop lifting the wool over their eyes and
      If we don't stop feeling livid, angered, disgraced

      Then they will get away with it.

      This is not like coming home from an overly long visit to the In-laws only to find the car wrecked and house trashed by wasted teenagers. It's the moment you found out that someone emptied your bank accounts too.

      We KNOW money went from the GSE's to 527 Groups which "TA DAAA" over course went into congressional campaigns all over the nation. I wouldn't be shocked if 100 out of 100 senators have blood on their hands. And the House. Oh My God. Carnage.

      So why not start by having the 527 Groups pay the money back to us? Simple start. EH. And then the Jamie Gorelick's and the Frank Raines' and the Susan Molinari's of this disgraceful chapter in American history can spend a little time to think about new careers in a federal concrete cell complete with Chinese steel bars.

      And THEN we will pay for the damage the "wasted teenagers" did to the precious house.

      View article »
    • Sat Sep 6th 03:14 AM | Rating: 0 0
      Commented on:
      Fannie, Freddie Headed for Conservatorship
      It's amazing. It's like finding cocaine in your child's bedroom and you blame their cheerleading coach for not improving her technique.

      America is in DENIAL. And the fallout is tremendous. From Bill Clinton's lawyer (puppet) Jamie Gorelick to Susan Molinari the collateral damage to BOTH the DNC and RNC is historic. This is why the outrage is muted FOR NOW.

      99% of America just doesn't get it yet. But when they do get IT heads are going to roll. And people we know we don't like AND people we used to like should face the music. PRISON.

      Being a recipient of the bubble you'd think I'd be happy. NO. I care about America. And THEY took the most important asset class in the world and turned into a loose slut.

      SHAME ON YOU!!!
      View article »
    • Fri Sep 5th 22:28 PM | Rating: 0 0
      Commented on:
      What's in Store for the Fertilizer Industry?
      I've been wondering too. When I'm not researching equities I might be buying and applying organic fertilizers. Prices have stabilized but stabilized high. Same with chicken feed.

      And the difference between the 70's and now amount to 3 billion extra mouths to feed. And from what I'm being told nitrogen in particular from China was slowing considerably before summer (based on what I saw from the pre-Olympic sailing invasive species hyper-population no wonder if they are consuming nitrogen domestically). Employing nitrogen-fixing species in farming is a useful but slower process and not practical for corn.

      And if prices fall won't that drive supply out of the market too? As long as we are stuck with ethanol as a "solution" fundamentals IMHO will prevail. The buy signal? Mirror mirror on the wall.
      View article »
    • Fri Sep 5th 21:48 PM | Rating: 0 0
      Commented on:
      Bill Gross: Politicking for His Own Bailout
      Implications are heating up. If this chapter in American history weren't so very disgraceful then it would be hysterical. Instead we get both.

      My questions seem to go unanswered. Who installed the lobbyists in the GSE's? The money flow (looting) from the GSE's to the 527 Groups to the campaign coffers is every bit as big an issue as the bailout.

      Even though I have my answers the questions bear (pun intended) repeating. Does America have to bring a class action lawsuit against the perpetrators to finally get those who should be prosecuting off their you know whats?

      Ya' know Bill. Give me heads on a platter and then we'll talk bailout. What a disgrace!!
      View article »
    • Sun Aug 31st 20:09 PM | Rating: 0 0
      Commented on:
      Bracing for Another Round of Credit Related Woes
      The final wave of foreclosures has yet to pound the market. The most dubious and most sinister mortgages were made at peak prices. Housing inventories are about to swell.

      "Unless you've been over-weighted Treasury bonds and oil futures since mid-2007 the odds are pretty high you're losing money"

      Ultra short etf's are nice snacks.
      View article »
    • Mon Aug 25th 14:32 PM | Rating: 0 0
      Commented on:
      Subprime Delinquencies Slowing? Guess Again [Housing Tracker]
      REVOLTING. Being one who got off the elevator near the top floor of the housing bubble I should just be happy that the proceeds were tucked 'safely' on the short side.

      No. Happy I'm not. Relieved. But not happy. I'm livid and shocked that my fellow Americans are ready to swallow the storm surge from Hurricane Fannie and Hurricane Freddie. I want answers.

      Who is responsible for putting LOBBYISTS in charge of the GSE's?

      Why aren't we following the money trail from the GSE's (and Countrywide) to 527 groups?

      Why aren't we following the money trail from the GSE's (and Countrywide) to members of Congress?

      Why aren't we examining WHY the 2006 bill to employ a regulator to monitor the GSE crack-dealers was voted down and more inportantly WHO voted it down?

      Where are the investigations? The Subpoenas?

      REVOLTING America. Wake up.
      View article »
    • Mon Aug 25th 14:14 PM | Rating: 0 0
      Commented on:
      Government Statistics: Perfecting the Art of Mass Deception
      They finally found a statistic they can't hide. Housing Inventories. You know - the 20,000 ton gorilla in the room.

      Hurricane Fannie and Hurricane Freddie (and Tropical Depression Angelo) were forecast as only a blow over front. Now that it is IMPOSSIBLE to hide the damage they all want to "Start Anew."

      Huh?

      You cannot take the EGG out of the cake. And that EGG which should have been protected by Kevlar was instead LOOTED from the inside by lobbyists and their clients in Congress. Meanwhile, the Jamie Gorelicks' and Frank Raines' of the world remain free from prosecution.

      Muted or fudged statistics are part of the game hence their relevance will continue to wane. The fallout from Hurricane Fannie and Hurricane Freddie have ripped and thrashed at the fabric of EVERYONE. The wreckage is there for all to see.

      REVOLTING.
      View article »
    • Mon Aug 25th 10:45 AM | Rating: 0 0
      Commented on:
      Apple's Problems - Bad to the Core?
      AAPL has rejected the highs. Hard to believe that big smart money would define this equity as a screaming buy. I could envision a pile on to the downside for exactly the concerns posted here and the fact that the consumer is on life-support.
      View article »
    • Tue Aug 19th 02:54 AM | Rating: 0 0
      Commented on:
      Climate Exchange: Uniquely Positioned to Benefit Carbon Credit Trading Expansion
      Jamie Dimon is telling clients to go long Unicorn futures.

      Thomas Lee pulled himself off the sword long enough to state that the number of the Bigfoot sightings will be higher twleve months from now due to the strength of the dollar and weakness in Canadien whatevers.

      I know how to get America out of debt. Sell California to Mexico. They are taking it anyway. Let's just dish it out like we did Japan with downtown LA property in the 80's. East of the 405 of course

      We rid ourselves of the Ninth Circuit. Huge debt. Pathetic legislature.
      View article »
    • Tue Aug 19th 02:05 AM | Rating: 0 0
      Commented on:
      Earnings Preview: Home Depot
      Wishful thinking. Housing inventory = 10 ton smelly gorrilla
      View article »
    • Tue Aug 19th 00:09 AM | Rating: 0 0
      Commented on:
      Old Media and Glossy Fluff Both Lose Ground - Pew
      Media bubble. Thank god. Where's the needle?

      Does this mean America has fewer drones? Or have they just "improved" the circuiting?
      View article »
    • Tue Aug 19th 00:03 AM | Rating: 0 0
      Commented on:
      Bill Gross Softens His Fannie/Freddie Rhetoric
      Revolting. As the lack of investigations back log...
      View article »
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