Mr Mortgage - HERE COMES THE ALT-A CRISIS

Great real info!!!!

AND.. isnt it the same as us, the peopel, since we are the ones who are payng this "bail out" fee, paying MORE for all our mortgages ??
Its a con, and ht epeopel who made the con, should be brought to justice !!!!

They lent LOTS of money so that house prices would increase dramaticaly.
Then, they sold people "EQUITY RELEASE", so that they could BUY half yur house off you. NOW, they say there is a crisis, so the house price will fall - SOON they will own your WHOLE house (or anyone who had equity release, anyway).
So, WHO is gonna bail me out of my "equity release" problems, which could lead to me losing the WHOLE of my house, to these bankers ??
NO oNE, thats who !
NOOOOOOOOOOOOOOOOO !!!

He makes some good points here - thanks for talking slower in this one - others are like manic talk SPEED!! lol...

If this guy is correct, then watch e*trade (ETFC). See if its rally starts to roll over. It is one of the few banks he mentions by name in his posts, and though he doesn't say it directly, he obviously thinks its doomed.

How come they just now posted good earnings and even raised dividends? Are they lying?

spot on!! terrific information, thanks!

Dude, seriously, you are the man! GREAT INFORMATION!!!!

34.) Everything in the "United States" is For Sale: roads, bridges, schools, hospitals, water, prisons airports etc. I wonder who bought Klamath Lake? Did anyone take the time to check? (Executive Order 12803)


35.) We are Human capital. (Executive Order 13037)


36.) The UN has financed the operations of the United States government for over 50 years and now owns every man, women and child in America. The UN also holds all of the Land in America in Fee Simple.