CHESSNOID

I watched all these fights and just couldn’t believe my eyes.  3 fighters who I thought would all win all lost.  Good thing I am not a betting man.  I thought Faber, Filho, and Pulver were all going to win and that they were all fighting nobodies. Apparently, these guys aren’t as good as I [...]

California has a ton of foreclosures and have many more coming down the pike.  We have had extraordinary sales numbers in the past few years and even higher unsustainable returns on equity.  Basically, we had houses go from $150,000 to $600,000 in  just 5-6 years.  With that in mind, property taxes  taken in also increased [...]

Now that the elections are over, there are no longer any distractions of presidential contests to distract the market.  More importantly is what impact will a democrat being in office have on the economy now and next year.  I have to guess Obama is putting together a team of economists who understand what needs to [...]

I think this Meredith Whitney video explains why banks will still continue to go down.  It makes sense and I think will forecast where the economy is going in the next couple of years.  She talks about fundamentals of why the banks will continue to go down.
Here is the CNBC video of Meredith Whitney.
If you [...]