Recent content by Pants

As much as I like the Kaiser Report.. It reminds me of watching the Jack Van Impe show where his wife brings up news stories and Jack Van Impe comments on them. Identical format. Its coming to a point where I tremble with anger when I watch news shows. Most of the time I have been avoiding...

I agree with you to some point, but there are 3 to 5 trillion dollars in FHA loans that are in default or about to go in default. So do you give people a few grand in extended unemployment with the hopes they find jobs so they can keep their homes? or bail out another 4 trillion in failed FHA...

haha.. Bank of America nearly 10%..

I understand. I suppose with the market down, that will also put us in deflation mode, and cut the prices for energy down (which is about as important to a business as interest rates). I think this is a correction we needed for a long time, there were too many artificially inflated stocks out there.

I just hope it doesn't drop too far. I have been unemployed for over a year. I have a couple of interviews this week for a couple of positions that just opened up. I hope this doesn't crash too hard where they say "sorry we decided we aren't going to hire right now"..

dow Hard telling where this thing will close. Depends on if any other bad or good news comes down. Also depends on if the Fed will pump money into the market. CNBC thinks that will happen around 11,000 if it dips that far, A lot of people might have a lot of automated sell offs set around...

The student loan thing is not going to be an immediate factor, maybe 3 to 5 years down the road. It will have to work its way though the system, and there are generous deferment options that can keep the borrower not having to pay it back for quite a long time. I'm afraid the student loan bubble...

yes Considering there are at least several trillion dollars in bad FHA mortgage notes out there, or FHA loans that potentially could go in default, we can reach that debt cealing in 6 months. I take it the goverment is assuming these people would be able to locally find jobs and stay in their...

well I do my banking at the credit union.. It is better than the big bank. I dropped Wells Fargo after they charged me $3.00 for not ripping off all the perferations on a $2.00 rebate check i got in the mail. It was probably 5 seconds of work to do it, and I bet the employee who took the time...

Boa Right now I am holding BOA down to validate the debt on my mortgage. It appears my mortgage note bounced around so many times the last four years, my loan documents are lost. I heard my previous servicer (Taylor, Bean, and Whittaker) shreaded 90% of the loan documents before they were shut...

I am unemployed, I have a very small income with odd jobs (almost not worth counting as income), otherwise my only source of income is Unemployment.. My overall financial situation is so and so. With my wife's paycheck, and my unemployment, we can squeak by. We are paying our bills (barely...

Look at it this way.. I am on Unemployment... I have been unemployed 30 or 31 weeks.. I am a hard line conservative who leans Libertarian. I don't like the idea of collecting a check as much as people hate the program, but it is what it is. I worked since I was 16, became self sufficient at the...

According to Alex Jones..25 signs that the financial collapse is rapidly getting closer…. #1 The official U.S. unemployment rate has not been beneath 9 percent since April 2009. #2 According to the U.S. Census Bureau, there are currently 6.3 million vacant homes in the United States that are...

Agree.. We sure have made everything a mess. I agree with Romney for once.. People should put away for their own unemployment.. and have it pre-taxed like a HSA or Flex account. This is the first time in my life I have been unemployed.. I worked since I was 16.. I was laid off in 1999, applied...

Thanks. As long as I keep plugging away with school to finish my degree, and sending a half dozen or so resumes out each week. I should be OK. Its not the end of the world. My wife is working. She has an interview for a 2nd part time job.. I just feel guilty for my wife having to work a 2nd job...