EU decides to bail out Greece thereby encouraging others to continue to take excessive risks, to file false financials and to generally not be respons

Click on the title above to review a CNBC article and learn how Greece Deal Opens Door for More Bailouts.

Discusses sovereign debt as compared to Fannie Mae, Freddie Mac, Aig, etc things that make you go hmmm

Click on the title above to review a Yahoo finance article and think about the Unintended Consequences.

Insight into Germany's choice in dealing with Euro Zone mess

Click on the title above to review an article from Stratfor Global Intelligence on the situation in Europe.

Would you invest your retirement dollars in this?

From AP article "Bernanke said another economic support program aimed at driving down mortgage rates and bolstering the housing market is on track to end in March. By then, the Fed will have finished buying $1.25 trillion in mortgage securities from Fannie Mae and Freddie Mac. It will also have finished buying $175 billion in debt from the mortgage giants.” click on title above or cut and paste at bottom for full article

When the Fed stops this program who will step in to buy these securities?
How much of your retirement money would you like to invest on mortgage backed securities for buyers with 620 credit scores, no real down payments, 5% interest rates and knowing that we are still at least 2 years from the peak of foreclosures?

If you wouldn’t want to lend your money to those borrowers who will?

Oh wait, I know, sovereign wealth from other countries around the world will rush in to buy it up because they aren’t worried about other debt instruments they have purchased from places like Dubai, Iceland, Ireland, Italy, Greece, Portugal, Spain, Latvia, Lithuania, etc right???


http://finance.yahoo.com/news/Bernanke-outlines-plan-for-apf-1769220923.html?x=0&sec=topStories&pos=main&asset=&ccode=

Video on how FDIC is funneling money to their friends in high places

Click on the title above to watch a video from ThinkBigWorkSmall and think about The Indymac Slap In Our Face.

Economic Stress hits peak in Dec 2009 – If we are getting better why is there more stress?

Click on the title above to review the AP article on US economic stress.

Explanation of what is really behind unemployment rate

Click on the title above to review Yahoo Finance article and better understand what unemployment rates are really saying.