March 5, 2009

Chris Dodd Wants $500 Billion For The FDIC

I wish I could tell you this was a joke, and you could stop hyperventilating, but it is not. Mr. EZ Mortgage, Senator Chris Dodd, has heard the cries from the FDIC (going broke) and is charging in on his silver hair. I mean silver-haired steed. The FDIC is trying to squeeze more money out […]

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March 5, 2009

Have We Already Fallen Into A Depression?

Analyst/Investor Eric Hyde lets the boys at CNBC know that he believes our nation is, in many ways, already in a depression… and we still have an enormous commercial real-estate bust coming. You didn’t think commercial mortgages escaped the bundling, slicing, dicing and securitizing craze…did you? Eric doesn’t take the bait when the Bush-bashing begins, […]

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