What a fuking joke, Foreclosures are all time high

[high_roller]

and it will just get worse when more 3 year arms expire. Can you imagine no money down home loan 3 years ago and you only pay $1000 month and you get a letter in the mail saying your new payment amount due is $4000!!!!.. This is what's happening in America and will continue. This market is screwed and I don't care if the Fed lowers 1/2 tomorrow I will NOT cover any of my shorts. The FED is screwed here, they are risking major inflation issues if they keep lowering the rates. Wake up America, this is not the time to invest in this market.

 

[mr.pink]

the fraud of businesses and consumers was staggering.they/we will wake up when we have lost All are good paying jobs(done) the dow has a 1 day 1,500 point loss(down 8% already this year) and companies you call say 1 for spanish 2 for chinese and 3 for english...1 million can come out for a Football team superbowl win..what sheep we have become.