World’s on fire, world’s on fire/And it’s too close to the wire/World’s on fire, world’s on fire/And it’s about to expire — The Prodigy, “World’s On Fire” Watching the markets jump on President Obama’s advice that stocks are a good ba...

Digest - Vol. 09 No. 08 THE FOUNDATION “Liberty must at all hazards be supported. We have a right to it, derived from our Maker. But if we had not, our fathers have earned and bought it for us, at the expense of their ease, their estates, their pleasure, and their blood.” –John Ada...

This is the 2nd in a series of seminars on the impending collapse of the US economy. Bill Young, The Maverick Money Man, is an experienced real estate investor who saw and warned against the damage the sub prime mortgage mess would produce. This was in 2005! (http://HouseCollapse.Blogspot.com) Bill'...

I wish I had not seen this video from 60 minutes because it is really depressing when you see what the bright boys in the financial world conjured up that has yet to unfold on the world. According to this report we will not even feel the effects of this one for another year, about the time when thin...

Subtitle: Bounce or Bust? The S&P 500 bounced sharply off of the 1215 level on the euphoric but shortsighted notion that Fannie and Freddie had been successfully bailed out of their current predicament. Of course, the GSEs are no better off now than before the latest panic but Paulson and Bernan...

From the Sacramento Business Journal:[Leslie] Appleton-Young’s job includes overseeing the association’s analysis of the statewide housing market and industry trends. Realtors want to know what’s ahead, so sometimes she has to make predictions. Usually, she’s right. [LOL!] Sometimes, she’s...

Again, some things never seem to change. Here’s excerpt from the article that appeared in the July 1933 edition of Harper’s entitled “Gentlemen, The Corn Belt!� as reprinted in the book “The Great Depression� by David A. Shannon: "The boom period (for Midwest farmland during the period b...

Following up on a prior post, take a look at the trend and most recent state of the S&P 500 index and compare it to the last major bear market conditions that followed the dot-com bust. There is a host of very interesting technical similarities (which are noted below) that may indicate that we h...

Just heard from my client that E*TRADE is closing down the mortgage side of the company. He was in the process of getting a loan through E*TRADE, but was told today that they're "no longer in the mortgage business". This comes after E*TRADE reported a $91.2 million quarterly net loss last week which...

For those of you hoping that foreclosure crises has hit bottom, we've got some bad news. A new report released by the The Pew Charitable Trusts says that 1 in 33 homeowners is expected to be in foreclosure over the next two years, due primarily to subprime mortgages made in 2005 and 2006. The report...