Comments on: Did BofA Really Beat the Street?

By: John

John — Tue, 22 Jul 2008 20:38:08 +0000

The fix is in. I saw a mope at the home workshop in DC sponsored by the Government on MNBC. She said she had a 10% interest only mortgage from Countrywide. She said they have reworked it into a 3.3% fixed rate. Thats right 3.3% Guess who’s going to fund this? It’s the taxpayer. Paulson has told the Banks not to worry and to turn everything into a fixed rate mortgage and Freddie and Frannie will take them onto their books and off their balance sheets. That’s why BOA didn’t divulge any Countrywide figures. They are going to dump them all onto the American taxpayer and then report much rosier numbers. If the Gov’t is going to keep the housing bubble going then get ready for hyperinflation just like a banana republic.

By: Greedom

Greedom — Tue, 22 Jul 2008 13:34:47 +0000

I think Federalize but Deregulate is hitting the printer, then some elmers glue – and then it’s time to go to Piggly Wiggly and find some new automobile candidates for the message !

They actually let you give bumper stickers away – so long as you don’t loiter for more than 20 minutes a day – OR if you can get a different manager.

I think we had some 20 people that had ‘Remember: Vote Partial AND Full birth’ glued onto their bumper right there.

I was surprised, only 3 people let us glue on ‘Only You can prevent an identity crisis’.

the ‘Vanity’ stickers fly well – it’s a black and white sticker – cross in red dripping down into a black ground around a big black walnut tree, where a man in a black dinner jacket is sitting with walnuts in hand. – not ‘too’ bad really- SOMEONE had too much time on their hands – that’s for sure.

btw- did you know black walnut pieces are used in sand blasting ? they are that strong ? and abrasive.

Other strange things about black walnut I won’t go into –

either way – it’s a bumper sticker day I think.

I do wonder if rubber cement would be better – heavy rain seems to do a number on elmer’s ESPECIALLY if it’s hot.

Last week ‘Breath My Exhaust’ was tested, 2 takers had it glued on their bumper at the supermarket.

I can’t wait to get behind one of those cars – will be a blast.

By: Greedom

Greedom — Tue, 22 Jul 2008 13:23:41 +0000

Odd humor just hit me

federalize ?

but deregulate !

By: Dave Anson

Dave Anson — Mon, 21 Jul 2008 23:02:53 +0000

Why in the world would I take Morgan Stanley’s advice or judgement about anything seriously?

They have enough problems of their own

By: Ray in PA

Ray in PA — Mon, 21 Jul 2008 17:54:37 +0000

Great story…

When are we going to see the big impact of consumer debt defaults for companies like BoA and Citi? Right now, everyone seems to be concentrating on the mortgage defaults. Isn’t the other shoe about to drop?