2009-05-12 — boombustblog.com
``The Fed's 2 year cumulative loan loss rate for Alt A loans (7.5%-9.5%) appear overly optimistic and is even lower than current delinquency as of December 31, 2008 (9.69%). Based on the Fed's data (that's right, this data is sourced directly from the Fed itself, which explicitly contradicts the data that the Fed released for its stress tests) for Loan losses for Alt -A loans as of March, 2009 (for loans past due and current foreclosures) adjusted for recovery based on LTV taking into consideration price decline and original LTV, 2 yr cumulative losses for Alt A is expected to reach 19.98% which is significantly higher than Fed's adverse case of 9.5-13% - nearly twice as much!''
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catherine at 04:05 2009-05-13 said:
BERNEKE LYING, STOP THE PRESSES of course he is lying as is the Chicago thugster WITH THESE NUMBERS, WOULDN'T YOU? and besides the liberals love guys who lie, Slick and Bamster are their heros, they talk pretty -THEY DON'T CARE WHAT COMES OUT AS LONG AS IT SOUNDS PRETTY THIS THUG IS GOING TO LIE OUR WAY TO THE SECOND DEPRESSION OBAMANATION HERE WE ARE! PermalinkPC LOAD LETTER at 08:22 2009-05-13 said:
We're going into a depression due to actions of both Rep. and Dem., conservatives and liberals alike who have been making p_i_s_s poor decisions time and again for well over 10 years, probably more like 20 years. Also that is pretty weak of you Cathy to try and lay most if not all the blame on Obama when most of this mess was made on Bush's watch. Bernanke is a Bush appointee right? Pretty much everyone in politics played a roll in this mess, they're all crap IMO. Yes, that includes Obama, he is just more articulate and intelligent than Bush. Permalinkcatherine at 22:52 2009-05-13 said:
We're going into a depression due to actions of both Rep. and Dem., conservatives and liberals alike who have been making p_i_s_s poor decisions time and again for well over 10 years, probably more like 20 years. Also that is pretty weak of you Cathy to try and lay most if not all the blame on Obama when most of this mess was made on Bush's watch. Bernanke is a Bush appointee right? Pretty much everyone in politics played a roll in this mess, they're all c**p IMO. Yes, that includes Obama, he is just more articulate and intelligent than Bush.value your opinion BUT Bush did not come on the scene to CHANGE AMERICA OVERNIGHT CAUSE HE HATED AMERICA like this thug has arrogantly said!!! BUSH WAS HERE 8 MONTHS AT 9/11 IT HAS ALWAYS BEEN HIS FAULT FROM DAY ONE, NEVER SLICKS EVEN THOUGH SECOND ATTACK (it was only sex cathy, he talks so pretty) LIBERALS - NOTE - TORTURE IS TAKING A PLANE FULL OF FUEL AND PEOPLE INTO A BUILDING AND KILLING 3000 OR KILLING 17 SAILORS GETTING GAS not wetting someone down and LEAVING THEM WITH THEIR HEAD (DANIEL PEARL) so BUSH IS GONE, HE WAS TO BLAME FOR EVERYTHING STRAP IN LIBERALS :evil: THIS AMERICA HATING (REV. wright and ayers) CHICAGO BEGINNER IS TAKING THIS NATION APART PIECE BY PIECE DAILY AND SO ARROGANT HE IS DOING IT IN DAILY PRESS CONFERENCES LIKE FIDEL AND OTHER COMMIES DO LOL AT YOU LIBS we dumped our Republican crappo Congress, WHEN ARE YOU CLOWNS GOING TO WALK OUT RANGEL AND DODD AND FRANK AND SCHUMER AND PELOSI (DIFFERENT LAWS FOR USE OF ILLEGALS FOR HER HUSBAND VS. US POOR AMERICANS) AND REID the TORCH THAT STARTED THIS WAS SLICK AND RUBIN AND GREENSPAN AND SOME IDIOT CONGRESS GUTTING GLASS STEAGALL AND BUSH GETS BLAME FOR KEEPING THAT PIG GREENSPAN IN AMERICA DOES NOT WANT TO BECOME COMMIE HOPE WE CAN SAVE IT BEFORE THIS MUSLIM RELEASES ALL HIS FELLOW MUSLIM TERRORISTS HE LET THE COLE GUYS OFF, AND HE IS WORKING ON PUTTING A GITMO GUY NEXT DOOR TO YOU AND ME THIS MAN COULDN'T BE TAKING THIS NATION TO HELL FASTER IF WAS TRYING AND THIS WOMAN THINKS HE IS................ ooops he is on my TV right now to RUIN THE BEST HEALTHCARE ON THE PLANET if you are over 65 in England and Canada, THEY DON'T WASTE GOOD MEDICINE ON YOU THE IRS RUNNING MY MEDICAL IS THE FINAL NAIL yeah yeah keep on blaming Bush....................... :roll: :roll: :roll: Permalink
PC LOAD LETTER at 07:26 2009-05-14 said:
Uhh, did you take "something" prior to posting cathy? You're post seems kind've incoherent/disjointed... Permalinkcatherine at 01:11 2009-05-15 said:
Uhh, did you take "something" prior to posting cathy? You're post seems kind've incoherent/disjointed...sorry just so many facts to touch on when people STILL BLAME GEORGE this is OBAMA'S ECONOMY AND MESS NOW, AS THE LIBERALS MADE THE TERRORISM LEFT BY SLICK BUSH'S PROBLEM I think voting a CHicago thug with NO EXPERIENCE WHATSOEVER to take care of some of the worst terrorism and financial problems in history is damn incoherant............BUT HE TALKS SOO SOO PRETTY, DOESN'T HE, that is IF THE TELEPROMPTER IS WORKING. I don't do drugs but since that concerns you read Obama's book great read on how Obama sold coke and pot to get thru college may explain some of the crap he is doing, well that and hating America but thank you very much for your opinion......................... Permalink
MortgageDrummer at 01:09 2009-05-16 said:
Great post Catherine. . I'm on your side. . the 7 largest banks in the US are broke. . .what ever happened to Bloomberg sueing the feds for non disclosure to the american public?? At this point nothing is real. .if you don't believe it just read where they are now denying people the ability to withdraw from there 401K. . . REMEMBER THIS POST!! When the banks and wall street were making$$$ in yields during the height of the market they sent their profit/proceeds over seas to off shore banks. . . The problem is it's [size=24:43e8d91888]who[/size:43e8d91888] you know [size=18:43e8d91888]and in politics it's also [/size:43e8d91888] [size=24:43e8d91888]what[/size:43e8d91888] [size=18:43e8d91888]you know about the who !! That's dangerous in light of what this corruption has done to the real estate market. . . "REMEMBER YOU CAN'T TEACH ETHICS OR REGULATE HONESTY"[/size:43e8d91888] Permalinkadd a comment | go to forum thread
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