Wednesday, May 26, 2010

Europe's Money Market In The Early Stage Of A Freeze-Up

Europe's Money Market In The Early Stage Of A Freeze-Up

Very concerning news.

Tuesday, May 25, 2010

FHA Home-Financing Volume Sign of ‘Very Sick System’ (Update2) - BusinessWeek

FHA Home-Financing Volume Sign of ‘Very Sick System’ (Update2) - BusinessWeek

Think about that, 90% of all mortgages are government sponsered. Some recovery.

Monday, May 24, 2010

Why Paul Volcker Was Frozen Out of the Obama Adminstration | The Big Money

Why Paul Volcker Was Frozen Out of the Obama Adminstration | The Big Money
WOW, we are so screwed.

Vanuatu's Volcanoes have Awakened - Fantastic Video

Vanuatu's Volcanoes have Awakened - Fantastic Video
Very scary stuff.

Bank of Spain seizes savings bank CajaSur - MarketWatch

Bank of Spain seizes savings bank CajaSur - MarketWatch
Everyone is feeling a little freaky about a small bank seizure. Also look for selling to conitue now that we are past the option expiration date.