You come off like a muted clown that lost its tongue and can't keep up with the rest of the circus... go eat some bald eggs and wash your face in a toilet bowl
Really day, listen to the logic. F Grimes made a logical point about forclosures on the market..that you are buying. If there was no subprime mess as you say, than the opportunity you exploit for froclosures would not be there. Yes? PS Waht is a bald egg? Are there hairy eggs out there?
This site sucks ass. If i was Baron i would sell this pos in a hurry before it goes to zero. Maybe the next owner can turn it into a job board. Force all these freaks to go back to their real jobs selling shoes at Macy's. Maybe a subscription only site where licenses are verified. I'd pay $300 a year to talk to real traders, christ I pay the NYT more than that a year.
This what I meant in my post which Bernanke said so nicely in other words: ""The economic situation has become distinctly less favorable" since the summer, the Fed chief told lawmakers. Since that time, the housing slump has worsened, credit problems have intensified and the job market has deteriorated. Bernanke said that combination of bad news has made people and businesses more cautious about spending and investing -- further weakening the economy." Made people cautious? They are scared out of their wits. They are the ones bringing a false recession upon themselves.
And I guess in your own mind that is 100% wrong? Keep on drinking the kudlow and cramer kool-aid. Nope there are no problems in our credit system! Fed just cutting rates at a record clip to manage a little slowdown in the economy.
This has been my suggestion ( and contention ) for years now. The only real Forum of VALUE on ET is the Hardware and Software Forums . . . Everything else has turned to "dog-crap" because Baron chose to keep this a free site. You get what you pay for. And here at ET, you get very little because of the "morons" that continue to use ET as their personal "playground". Baron was told years ago by several experienced traders to turn this into a pay site in order to keep the QUALITY of posts up and as a result, make ET a valued website. Low and behold, Baron made a very incompetent decision, in my opinion. Sad, but true. And Baron has no one else to blame for this but himself.