Comments on: The Big Squeeze

By: Mashiki

Mashiki — Sun, 07 Mar 2010 02:43:24 +0000

I’m going to hazard out a guess that the FDIC might be trying to insulate the banks because of the impending ARM/Option-A resets that are incoming hard and fast, and there’s no way they can delay the resets again. If that’s the case then march/april are going to be a very bumpy months with the worst to follow after. Easily looking at 30-50b/per month if not more in mortgages up for resets to creeping rates, which people won’t be able to pay.

This doesn’t help that there continues to be sector bleed, and the unemployment continues to rise.

By: taxfreekiller

taxfreekiller — Sun, 07 Mar 2010 01:33:35 +0000

Large investor groups/funds have been put together all over the country just for this deal herein disscussed.

The banks now will be able to use the remaining “bail out money”,
for shopping centers/land dev. deals/strip centers/D.R. Hortons
left behind lots he let go leaving the option money behind/hotels/and other large deal like truck warehouse’s ect.

Your tax money will be used as the “new equity” aka the difference from the sale price and the loan amount,,, you mr and ms taxpayer are putting your skin in the game…..

The banks and many investors have been waiting on this, two buds of mine who made lots of money off the RTC deals have been sitting on the cash from then to now and have started up one with others, they
have $500,000,000.00 ready to use to buy deals when the banks write them down at least to 60% and in some areas like Las Vegas they will have to be 40% or lower.

There will be lots of money made, and granddads banks and money will be in the deals buying. And no the trust says no distribution of the profits it will all have to be put back in the buss. and make it bigger and make more jobs. He did know how to piss of sorry ass lazy decendants and loon commie’s like these f’n no good Obama Demoncraps.

Tough old bird, but very, very smart and is still ruling from the grave.

By: goddessoftheclassroom

goddessoftheclassroom — Sat, 06 Mar 2010 22:39:29 +0000

Have a great evening, y’all!

By: lobo91

lobo91 — Sat, 06 Mar 2010 22:37:16 +0000

One good thing about the wife leaving: More storage space for ammo.

By: Iron Fist

Iron Fist — Sat, 06 Mar 2010 22:35:17 +0000

@ lobo91: You would probably like (well, want to read) this. Canadian gun laws are screwed. Even their courts admit that, but they'll still send you to jail for violating them. I am really hoping McDonald comes down good. It looks like P&I is out, but they could still have a strong incorperation with intermediate or strict scrutiny (either one will throw out most gun laws).

By: Rodan

Rodan — Sat, 06 Mar 2010 22:34:07 +0000

@ IslandLibertarian: With this bunch in charge who can blame you!

By: IslandLibertarian

IslandLibertarian — Sat, 06 Mar 2010 22:32:06 +0000

……or……..the banks seize the properties, the Fed’s nationalize the banks (the will of Soros) and the Fed’s own the country……

just because I’m paranoid does not make the Government innocent……