Recent content by vote4ronpauleeze

If that's the case, then I would question their buying strategy/timing. They bought heavily in the morning and sold off after the bill was rejected.

Institutions with large portfolios of credit default swaps... Credit default swaps will be the next crisis.

Yeah, but I was figuring in that the index had priced in a weaker dollar relative to other currencies (under the assumption of nearly a trillion in new money). I expected a surge upward for the dollar once it became apparent that the money supply would not see such a spike. Look at how it...

It tanked when the bailout didn't pass? This seems a little counter intuitive to me. Were investors who were long on the dollar hoping for nearly a trillion dollars in new money?

Don't you remember? Congress told us how to invest: you must short oil and be long financials... if you're on the other side, you're a "bad guy".

Many of speculated that they will, but you're right, they probably wouldn't...

I don't know if you caught my last post, but I've changed my stance on the bailout... The bailout still has a chance at yielding a positive return, but it's ignorant of the long-term inflation effect.

By the way, I also encourage everyone to spend some time reading about our next crisis: credit default swaps. That's a ticking time bomb.

After spending quite a bit of time researching the potential (likely) long-term ramifications of the proposed bailout, I've changed my stance. The bailout won't work because the necessary post-bailout monetary action won't be taken to contract our money supply and reign in the excess credit...

1. The government would not be "owning" the homes. Nor does a bank or an investor in MBS. They own the mortgage and have a lien against the property in case of default. The borrower is still the owner. 2. Once again, because the government does not own the house, there is no landlord/tenant...

That picture is funny, but the problem is: these aren't two separate, independent entities. If you think the "main street" does not need "wall street" and vice versa, then you are seriously mistaken. Without credit or financing for businesses, "main street" loses millions of jobs. Main...

Tax Lien Certificates... there will always be a market for these.

It's obvious that there are banking laws and regulations, but let me ask: what law did these lenders break? Is there a law against lending to people who cannot budget properly? These new lending instruments (interest-only, ARMs, teaser rates, neg ams, etc.) were NOT illegal. This was not...

The sub-prime loans were a mistake by the banks, but why should the government tell banks how to run their businesses? Do you really want the government telling you how you can and cannot invest your money? Are you guys against short selling too and want a ban?

Was it really an innocent question? It sounded more like rhetoric as the poster interjected personal opinion as to why he/she felt that it was okay for certain parts of the economy to crumble. Clearly not a question, it was a statement. Look at the bold. Original post: