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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (79325)	9/9/2011 1:24:18 PM
From: Cogito Ergo Sum	Respond to of 217556

'back in the day' BTW what day ? LOL.. that expression cracks me up ... Sound like Ricky Schroeder in NYPD Blue :O) from the value thread... :O) From: Dale Baker9/9/2011 1:20:24 PM of 104232 For the folks who think this could not turn into another 2008, don't get too comfy with your convictions: Yields fall to 60-year lows on Europe worries On Friday September 9, 2011, 1:04 pm By Chris Reese NEW YORK (Reuters) - Treasury debt prices rose on Friday, taking benchmark yields to the lowest in at least 60 years as investors looked for a safe haven on revived worries a European debt crisis could have a significant global impact. Stocks plunged on Friday, losing over 2.5 percent and bolstering the safe-haven allure of U.S. government debt, with few investors looking to go into the weekend short Treasuries due to the uncertainty surrounding the European debt crisis. The worries over Europe were sparked by the planned resignation of European Central Bank (ECB) Executive Board Member Juergen Stark. The ECB confirmed a Reuters report that said Stark was quitting because of a conflict over the central bank's bond buying program. "The Stark resignation just kind of raises an eyebrow at a time when there's already concerns about what's going to happen next," said Guy LeBas, chief fixed income strategist at Janney Montgomery Scott in Philadelphia. A debt swap meant to help Greece avoid default and win time to repair its tattered public finances hung in the balance Friday, with expectations of take-up by private creditors slipping amid fierce European pressure on Athens. "There is a real danger that a European default or bank failure would lead to a global banking crisis akin to that seen after the fall of Lehman Brothers," said Paul Dales, U.S. economist at Capital Economics in Toronto. Benchmark 10-year notes were trading 19/32 higher in price to yield 1.91 percent, down from 1.98 percent late Thursday. Benchmark yields touched 1.896 percent, marking the lowest since at least World War II. "Stocks certainly took a brutal push there and we've had an awful lot of buying accumulate this morning on all of the bad news about Europe, so when we come in for a little more buying (of Treasuries) this morning there's just nowhere for prices to go -- they've got to keep going up," said Jim Vogel, is head of fixed income research at FTN Financial in Memphis. The drop in yields stirred some concerns about Treasury debt auctions next week. The Treasury will sell $32 billion of three-year notes, $21 billion of reopened 10-year notes and $13 billion of reopened 30-year bonds next Monday, Tuesday and Wednesday. Some investors felt the Treasury may have a difficult time successfully auctioning the debt with yields at current low levels. Longer-dated Treasuries have found support in recent days on expectations the Fed could announce a bond purchase program, which the markets have dubbed Operation Twist, at the conclusion of its policy meeting September 20-21. A speech by Fed Chairman Ben Bernanke Thursday was generally seen as leaving the door open to the possibility of Operation Twist arriving soon. Bernanke said the U.S. central bank would spare no effort to boost weak growth. Thirty-year Treasury bonds were trading 1-10/32 higher in price to yield 3.25 percent, down from 3.31 percent late Thursday.

To: carranza2 who wrote (79325)	9/9/2011 7:24:16 PM
From: TobagoJack	Respond to of 217556

just cleared from tray From: J Sent: 2011 09 10 6:55 AM Subject: RE: A quick follow up on B&G Mortgage observation: lots of nations had nationalized housing, per communism, and the experiments invariably failed lots of other nations rose up against landlords, societies lust for blood were sated in a satisfying way, and then such societies became failed states just a circle jerk, between revolution and revolution let us watch n brief From: B Sent: 2011 09 10 3:20 AM Subject: Re: A quick follow up on B&G Mortgage >>I really don't know what to think. As economic conditions continue to deteriorate, would landlords be demonized as the cause of why tenants cannot pay rent? In happened once upon a time, not so long ago, in China... Sent from my iPad On Sep 9, 2011, at 12:09 PM, R wrote: I really don't know what to think. As economic conditions continue to deteriorate, would landlords be demonized as the cause of why tenants cannot pay rent? On Fri, Sep 9, 2011 at 10:48 AM, W wrote: R - It's a %#$@^%kin' outrage.Where is the anti-trust division of the JD?Do they still exist? From: R Sent: Saturday, September 10, 2011 12:26 AM Subject: A quick follow up on B&G Mortgage Without much fanfare, B&G Mortgage has been wrapping its tentacles around rental market. housingwire.com Between 1995 and 2007, GSEs contributed anywhere from just under 3% to just over 11% of the total new issue CMBS market," according to S&P research analyst James Manzi. "That figure increased to more than 23% in 2008 and then ramped up to more than 76% in 2009." The largest jump is in financing of multifamily housing. Fannie Mae alone is clocking huge numbers in the space. In the first quarter, Fannie made $40 billion in financing available, which lead to the creation of more than 775,000 affordable, rental units. Unbeknownst to the borrowers, who thought the government is so generous in providing great financing for their apartments at great rate and terms, they are going to be providing affordable housing to whoever B&G Mortgage dictates in the immediate future. Through B&G Mortgage, the nationalization of all housing in the USA will soon be completed. Without B&G Mortgage, there is no housing in the USA. Now if that does not scare you, you must be fearless.