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alstry (35.75)

8.9.10 Just a few days away

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July 27, 2010 – Comments (6)

When the Fools learn they are being treated like sheep......and the games really begin......

Israel's sex trade booming

8-Year-Long Ban on Sex Trafficking in War Zones Never Enforced

GET READY....THINGS  ARE HEATING UP NOW.....

Russian Probe Sees No N Korea Hand In Cheonan Sinking

Russia joins Iran in condemning EU sanctions...

JUST A FEW DAYS AWAY.....

France declares war against al-Qaida

Al Qaeda No. 2 Threatens More U.S. Attacks...

Natural gas could lead to new Lebanon-Israel war

Israeli defense chief offers warnings on Iran and Lebanon

NOTHING LIKE A LITTLE EXCUSE TO DERAIL THIS "RECOVERY"

Home Vacancies Rise as Ownership Reaches 10-Year Low

More Than 1,300 Space Shuttle Workers Get Layoff Notices

There is a lot going on while the sheep stare at the ticker.......

6 Comments – Post Your Own

#1) On July 27, 2010 at 10:00 PM, oshiri (< 20) wrote:

Sempai . . .

     Is there anyone left paying their mortgage?

From the "Financial Times" today: Foreclosures jump 425% among prime US borrowers 

http://www.ft.com/cms/s/0/00068a58-9906-11df-9418-00144feab49a.html

Credit-worthy borrowers with straightforward mortgages are entering foreclosure at a record pace, according to a report released on Tuesday by Lender Processing Services, which tracks and analyses mortgages. Foreclosure rates among “agency prime” loans, which conform to guidelines set by Fannie Mae and Freddie Mac, the government-sponsored mortgage finance companies, have jumped 425 per cent since January 2008, with a particular acceleration in the last two months, LPS said. 

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#2) On July 27, 2010 at 10:10 PM, alstry (35.75) wrote:

Oshi,

It is simply what happens when you cut off credit to a credit dependent consumer based private economy and give nearly unlimited credit to Wall Street and Washington.....

Pretty soon the private economy evaporates and Wall Street and Washington owns everything.

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#3) On July 27, 2010 at 10:18 PM, alstry (35.75) wrote:

Oil spilling everywhere.....

Oil spill could reach Lake Michigan by Sunday

Good News for BP: Boat Crashes Into Non-BP Oil Well, Creating New Gusher in the Gulf of Mexico

This would be a good time for our resident nooklear expert Donner to chime in....

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#4) On July 27, 2010 at 11:25 PM, awallejr (81.17) wrote:

Ooh you have a score!!!!!!!

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#5) On July 28, 2010 at 12:28 AM, Eudemonic (65.00) wrote:

Why August 9th?

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#6) On July 28, 2010 at 7:44 AM, ragedmaximus (< 20) wrote:

8910

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