Still no JOBS!

AS helicopter Ben Bernanke testifies before Congress, we see yet again that all the quantative easing that the Fed has done has yet to ‘jump start’ the economy. At best and this is a huge supposition, the economy isn’t in total shambles.

 

On the human end of things, most people that are still without [...]

Foreclosues, worst 5 states

Check out the five states with the most homes in foreclosure: [...]

Spain, a replay of U.S. financial disaster

Reading about the steps taken to ‘remedy’ the economic/finanical disaster in Spain (all of Europe looks pretty much the same) is like looking at 2008/2009 here in the U.S. all over again!

 

Merging banks, huge write downs on real estate etc. My issue is why did it take so long to hit Europe? Did [...]

7.7 Trillion…really?

As if TARP money wasn’t enough…7.7 trillion in loans to bail out the criminals that caused the problem? Really? Someone needs to go to Jail in my opinion! If you or I did such things it would be fraud or worse…

 

That these guys still can’t get it right, look at Europe and our [...]

France – Next victim?

In my opinion, France will soon become the next victim of the sovereign debt fall out amongst the EU countries. Let’s fact it, there is a HUGE crisis of confidence and trust in the financial system worldwide. While the leaders are focused on the numbers, mostly from the worst possible perspective-at least in my opinion, [...]

Housing sales down…again

Sales of existing U.S. homes unexpectedly declined in April, indicating the industry is struggling to gain traction as the economy expands. [...]

Markets see economic trouble ahead

The steady drumbeat of dismal U.S. economic data continued Tuesday, driving investors into safe-haven Treasurys and pounding key yields down to five-month lows [...]

BoA sees big problems in residential real estate

ank of America Corp. (BAC) Chief Executive Officer Brian T. Moynihan told shareholders today the nation’s housing market faces “enormous challenges” and that the lender is still struggling to contain bad mortgages. [...]

Housing Pain Getting Worse

I wish I had better news this Monday morning, but the housing crisis as we all know has not abated and is in fact picking up some steam [...]

Bankruptcy 1 step away

As we have been saying for some time now, the good ole U.S.of A. is technically busted financially! [...]

S2T-2