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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: John Carragher who wrote (67185)	8/5/2007 1:24:03 PM
From: 10K a day	Respond to of 116555

yah dude. i was buying by the bucketloads. scooping that s up w/ both hands. -g- [anything to save WS jobs!]

To: John Carragher who wrote (67185)	8/5/2007 5:34:08 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

Hell Fights Back globaleconomicanalysis.blogspot.com Homebuilders built houses from hell. Now it's payback time. Numerous websites have sprung up talking about significant quality issues. The cover of Newsweek is talking about "the bonfire of builders". Beazer declares a dividend in desperation but the stock plunges in response. Lawsuits are flying. Bankruptcy is soon going to be an attractive way for homebuilders to escape their moral obligations to buyers to deliver a quality product. Mish

To: John Carragher who wrote (67185)	8/6/2007 1:07:14 AM
From: mishedlo	Read Replies (1) \| Respond to of 116555

Elegant Anal-ysis by the Times Online globaleconomicanalysis.blogspot.com Irwin Stelzer at the Times Online totally blows it by calling Greenspan a "scapegoat" in the housing crisis. Using Stelzer's own words he is guilty of "elegant anal-ysis". The Fed along with inane Congressional and Bush policies is the problem not a scapegoat. Implementation of free market strategies with a sound currency backed by backed by gold as the constitution stipulates in conjunction with sound fiscal policies by Congress is the cure. Mish