PETER SCHIFF
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A very strong debate yesterday on MSNBC between Peter Schiff and the host on the Ed show on two major topics the healthcare reform and the s...
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as you may have noticed it this morning many blogs hosted on blogger including mine were reporting this strange Error bX-r1ezpk ... fortuna...
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President Obama delivers his weekly address to the nation announcing many cuts in the federal budgetWhat do you guys Think of this ???
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The more we owe, the wealthier we are ??? Congressman Pete Stark reacts to national debt Watch Congressman Pete Stark reacting when Jan Helf...
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Here are some of Peter Schiff's Quotes , Please feel free to post more , and I'll make sure to add them to this list ...let's ma...
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In an interview with the Washington Post , Peter Schiff explained how he was leaving his true career in the private sector to go into politi...
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government created jobs like the census jobs are counterproductive and unproductive jobs ... Peter Schiff is considering to run for Senate !...
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Peter Schiff , EuroPac This week, national attention was fixated on JetBlue flight attendant Steven Slater, whose bold, creative, and cont...
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Peter Schiff : We need to have a Massive Recession and Peter Schiff: Why College Tuition Is So Expensive Lessons from the Crisis: The Limits...
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👉As America Burns , The Stock Market Soars !! Stocks are up, Yet fundamentals are worse than the Great Depression. And the Circus c...
Considering the amount of alt-a and option ARM mortgages that will reset in one and two years (big chunk in 2011, according to data on FED of NY website), I agree with you that the stress tests scenario are far too optimistic. There will be much more foreclosures in the next two years pushing down the home prices more than only 10%, especially considering the huge inventory out there (the REOs hold by banks) and not counted in the official statitics.
ReplyDeleteWe all know from the beginning that this stress tests 'exercise' is just political and that it is designed only to make it sound like the banking system is in great shape, which of course it is not.