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Thursday
May122011

Federal Retreat On Bigger Loans Rattles Housing Bulls

More underwater homes...

It's about time taxpayers stopped subsidizing expensive mortgages, though that hasn't stopped industry trade groups (the NAR), who are pounding doors all over Washington with sob stories of the wealthy and forlorn.

Click to read more ...

Wednesday
May112011

World Food Price Index Holds Steady At Historic Highs (CHART 1990-2011)

Details inside.

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Wednesday
May112011

Update: What Taxpayers Need To Break Even On A.I.G.

AIG closed barely above $30 today, and 300 million shares won't be easy to place, not with current financials.  Daytrading fools kept AIG too high for too long. Institutions are balking at anything above $27, and that means a loss for Treasury, who now threatens to postpone the offering.

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Wednesday
May112011

Video: Yemeni Man Yells "Allahu Akbar" While Trying To Break Down Cockpit Door

Wednesday
May112011

Raj Insider Trading Verdict: GUILTY On All 14 Counts, Billionaire Faces 19 Years In Prison (Video - David Faber)

Wednesday
May112011

Bair Says Money Funds Run Moral Hazard, Postal Service Loses $2.2B, Trump Crashes, Ireland Raids Private Pensions, Lawmaker Says Fat Kids Should Cost Parents (LINKS)

Wednesday
May112011

The Terrorist Who Got Away...Strikes Again

Updated on May 11, 2011 at 1:15 AM by Registered CommenterDailyBail

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Tuesday
May102011

Bloomberg To Ron Paul: 'You're Running For President And You Want To Abolish The Fed; How's That Playing In Middle America?' (VIDEO)

Video - Ron Paul on Bloomberg - April 28, 2011

Great clip.

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Tuesday
May102011

Poll: 99% Of Americans Against Raising The Debt Ceiling

And the poll by Fox News is still open, so click and place your vote.  More than 164,000 people have voted and 99% area against raising the debt ceiling.  Here was the exact question:

  1. Yes.  I’m all for spending whatever is needed to turn our economy around.
  2.  No.  This out-of-control spending is outrageous and irresponsible.

Click to read more ...

Tuesday
May102011

CFTC Looking At Goldman For Additional Charges, Mortgage Fraud Reaches Record Level, ‘Underwater’ Homeowners Rise to 28 Percent, Ron Paul GOP Debate Clip (LINKS)

Tuesday
May102011

PIMCO's Gross Increases Short Position Against U.S. Debt

Tuesday
May102011

Trump "University" Sued For Fraud

Tuesday
May102011

How Would You Feel If Your Son Were Captured And Being Held By The Taliban? - Robert Bergdahl's Wrenching Plea For The Release Of His Only Son (VIDEO)

Trillions borrowed and wasted are not the only costs of war...

Do not skip over this one.  Video is inside.  Bowe Bergdahl is believed to be the only U.S. P.O.W. being held by the Taliban.  Text below is from his father.

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Tuesday
May102011

VIDEO: Secret Message Passed From Obama To General

Not implying conspiracy, just thought it was interesting.  If you can solve the mystery, post in comments below.

The Italian channel Rainews discovered an exchange of two small pieces of paper between President Obama and General Wilson on April 29, a few hours after he reportedly gave the order to kill Osama Bin Laden.  After landing at Cape Canaveral, and while shaking hands with Wilson, President Obama passes a small piece of paper and receives another one in exchange.

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Tuesday
May102011

Boehner Disappoints Wall Street: "No Debt Ceiling Hike Without TRILLIONS In Spending Cuts" (Video)

Highlights of Boehner's speech are in the first 3 minutes.

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