No recession huh?

$200B added to mortgage pipeline

Regulators are lowering capital requirements for mortgage finance firms - a move that could pump hundreds of billions more into mortgage market but raises risks.


By Chris Isidore, CNNMoney.com senior writer
Last Updated: March 19, 2008


http://money.cnn.com/2008/03/19/news/economy/fannie_freddie/?postversion=2008031913



"the housing engine that powers our economy"... Fannie Mae CEO Daniel Mudd

How can you have a "housing engine" when your mortgage ended up costing more than your house.

The reason:
Because the real estate value was falsely inflated. The value of the house was built on a "bubble", including the "illusion" of the ability of many of these subprime borrowers to pay for these houses.






The U.S. Treasury is $ 9 fucking trillion dollars down the hole.
Where the fuck are the federal "regulators" going to get the money from? Hmmm?

And do you think, 200 billion dollars is gonna be enough to bail everyone out?
Oh, yeah, right, that $600 check you'll be getting from Bush, is gonna fix all this mess. LOL.

Anyone with enough functioning brain cells can see the "bubble", "illusion" that got us into this mess.

And it's assholes like Acqa, Bush and those who continue to live in denial that's causing this country to sink deeper into the hole and along with it, they have mortgaged the future of our children.

 

You've never discredited them with any valid authority. The only sources I've ever seen you post are reguritated CNN figures.

http://www.financialsense.com/stormwatch/2005/0624.html

When you allow the market gods to manipulative financial indicators how accurate can those indicators be? You are not glorying in a great economy, you and your ilk have your shorts in knot and are nauseous with worry, that the American consumer will wise up and stop supporting your house of cards, based on a foundation of cooked books.

Consumers need to practice restraint, save those incentive checks and consume only what is absolutely necessary. Keep your sons home on the family farm not rushing off to foreign wars. Drive only when necessary, turn off that heater or air conditioner when you aren't home. Turn off the tv and visit your local library. Think Wall Street is promoting that sort of responsible behavior?

 

yeah thats exactly how we would get into a depression rofl, look up effects of excessive saving

 

all you guys can do is rip on the date of one post, because you can't even face the other links because they support my ideas, its really sad...

and ive posted the inflation rate including food and energy many times

just look at this guy's claims he is a total idiot ....

1. Global oil production will peak between 2005-2008. Economic growth ceases to exist as global economies and markets are thrown into chaos and turmoil.
   
2. The War on Terror escalates into a resource war over oil pitting the great powers the US, China, and Russia in a replay of “The Great Game.”
   
3. Debt creation and monetization hyperinflates as the government’s deficit spirals out of control with a war and a depression.
   
4. Foreigners begin to bail out of the dollar setting off a dollar crash.
   
5. The US puts in place capital controls to corral US and domestic money. The War on Terror will be given as the reason.
   
6. The government takes over GSEs owning most American mortgages.
   
7. A national mortgage bailout bill is passed lengthening mortgage payments in an effort to forestall debt defaults. A new restructuring agency will be set up to repurchase impaired mortgages from the banking system and renegotiate terms of the debt to avoid default. The 100-year mortgage is born.
   
8. A national retirement security act is passed forcing private pensions to buy long-dated zero-coupon government bonds that will be inflated away. The reason given will be for plan protection against bear markets.
   
9. As the US economy goes into a hyperinflationary depression the rest of the world’s economies follow suit. Money printing on a grand scale occurs in western and Asian economies as governments wrestle and try to satisfy the demands of a social welfare state and an angry, aging populace.
   
10. As governments hyperinflate and debase their currencies, gold will take on its true role as money rising in value against all currencies. The world will move towards a global currency backed by gold.

HAVE ANY OF THESE EVEN HAPPENED???

 

So you would promote no one spending their incentive check?

 

Post a new link to your source of that figure, please.

 

http://data.bls.gov/cgi-bin/surveymost?cu


price index for all urban consumers, and don't give me that total BS saying its cooked, they have every single item they used with the price changes for every single item open to the public to analyze

so comparing feb 07-fev 08

211.693-203.499=8.194/211.693=0.038706 x100= 3.8706% inflation including energy and food, as a whole people have to pay 3.8% more

 

This is what I see at your link:

Sorry, the survey does not exist. If you need to contact someone about the program or its data, please send a message to the data questions e-mail address below or call the phone number below.

 

sorry, fixed it

and here is the 100pg february report on inflation

http://www.bls.gov/cpi/cpid0802.pdf

 

Man..you're getting desperate. Do you want to put on your seat belt before I blow you out of the water AGAIN...that doesn't mean jack shit, we've established that about a thousand posts ago..do I need to explain it <<<AGAIN>>>that data is skewed and subjective..you do know what that term means right?

It does say to read the footnotes....and there's plent of them..here's just one.

NOTE: Local area indexes are byproducts of the national CPI program. Each
​

local index has a smaller sample size than the national index and is, therefore,
​

subject to substantially more sampling and other measurement error. As a
​

result, local area indexes show greater volatility than the national index,
​

although their long-term trends are similar.

 

oh? I have two requests before you start spewing crap.

-tell me what you think the inflation rate is
-provide the link to the report that proves it

 

Sorry but those figures don't break it down. They simply state all items. What are those items. As has been discussed by others those figures and items were changed.

http://www.investopedia.com/articles/07/consumerpriceindex.asp

I added the emphasis so you wouldn't miss it.

 

if you look at the second link you will see the break down?

 

okay use your brain please, lets look at this scenario, say we have burgers and pizza the price of a burger is $2, then something happens(ie price of beef just goes up due to something) and each burger now costs $5, so people will now stop buying as many burgers and turn to pizzas for example, so now they only pay $2 for pizza for fast food so the inflated price of the burger doesn't effect them, it would artifically boost inflation rates if burgers were still weighted the same because not as many people are buying them so people on average are less effected by the price increase in burgers since there is a substitute

 

lol

 

that was an amazing rebuttle !!! you perfectly proved the numbers and the entire report to be wrong, hey you even provided your own data! oh wait no you didn't :-(

 

DECLINIG DOLLAR

https://www.youtube.com/watch?v=IK1Y88zRmCE


Listen to real professionals speak about the dollar, the economy, as opposed to Acqas' stupid statistics and data, and Bush and the Neo-cons' complete denial of reality.


Hey, Acqa,
No one here takes you seriously.

They just to make you as an example of the stupid American. :jester:

 

silver is down 15%(in less than 2days), these guys probably have investments in silver and are trying to get people to jump on their band wagon to boost prices lol

 

you are so clueless its sad, you have zero sources for inflation, 0 surveys, and u just brush something off as government bs, you could do that if i just gave you the inflation rate presented by the government, but i didn't do that, i showed u how i calculated the inflation rate based on the CPI, then i showed you the 100pg report which shows all the prices changes and all the items they used, and your response was its government bs... lol i feed bad for you

 

Just ban the Acqa, => the fucking troll, FedUp,


We still have wacky and Paul1968 to play with.