Well, well, well it seems Ben Bernanke is at it again, joined by ex-treasury guy from Goldman Sachs, Andrew Tilton. You might have already guessed they are finding ways to take OUR money. Their remarks are in this article from Bloomberg. We will discuss below the fold.
Tag: Lewis
Mar 18 2009
A Diary A Day – Housing Starts Up-The Slumming of America Begins
Much to everyone’s surprise housing starts were up in February. Unfotunately the increase was for multi-family dwellings no doubt preparing to house all those on the street from foreclosures. The largest increases were in the Northeast, South and Midwest. Oddly California hard hit by foreclosures has a good backlog of housing available. And so it starts the slumming of America, more below the fold.
Mar 15 2009
Banks – a diary a day until we fire up the Quattro (poll)
Up front disclaimer, I am suing WaMu and their successor, JPMorgan. You can read the saga here and here. While my battle with them doesn’t change the facts here, it does serve to explain my rage. On second thought when I exhort us all to take a page on retribution from Conan the Barbarian … “crush my enemies, drive them before me and hear the lamentations of the women,” rage doesn’t quiet cover it. Here is the latest installment about Jamie Dimond thief in chief at JPMorgan, you will find the comments there from people who are made as hell. Follow me below the fold for a mere snack, a snippet, a snapshot of what the banks and Wall Street and their sycophants have been up to, because I want you mad as hell too.