2009-09-16blogspot.com

" Last month's improvements in credit card defaults appears to be an outlier. Credit card defaults have resumed their natural tendency to track rising unemployment. Inquiring minds are reading U.S. credit card defaults up, signal consumer stress."



Comments:

catherine at 01:01 2009-09-17 said:
THIS IS STILL THE ONLY STORY..........UNEMPLOYMENT

jobless recovery :lol: :lol:

means more people MAXING OUT THEIR CARDS AND WALKING

AND walking away from their homes

WHICH STARTED THIS MESS

AND NOT A WORD FROM THE CRAZZIES WE PAY IN WASHINGTON...........

THEY ARE ALL PATTING THEMSELVES ON THE BACK TODAY THAT THEY WROTE A BILL THAT IF YOU ARE UNINSURED YOU CAN NOW PAY 3500 A MONTH TO INSURE YOUR FAMILY AND 47 MILLION ILLEGALS.................

SPEAK UP,

JOB LOSS IS THE EMERGENCY OBAMA'S POPULARITY ISN'T.................. Permalink

MortgageDrummer at 02:25 2009-09-17 said:
THIS IS STILL THE ONLY STORY..........UNEMPLOYMENT

jobless recovery :lol: :lol:

means more people MAXING OUT THEIR CARDS AND WALKING

AND walking away from their homes .................

People use to file a 13 when they had equity in their home, now they don't!

I'm still trying to find out "WHY?" the banks can keep a foreclosure off their books for 2 years!! :twisted: :evil: :cry: We will never come out of this unless we get on with the right downs "NOWWWWW!!!!!"

RIP OFF THAT BANDAID!!!!!! Bleed banks, , ,Bleed!!!! :lol: :(

But the DOW is UP!!! Permalink

catherine at 02:39 2009-09-17 said:
THIS IS STILL THE ONLY STORY..........UNEMPLOYMENT

jobless recovery :lol: :lol:

means more people MAXING OUT THEIR CARDS AND WALKING

AND walking away from their homes .................

People use to file a 13 when they had equity in their home, now they don't!

I'm still trying to find out "WHY?" the banks can keep a foreclosure off their books for 2 years!! :twisted: :evil: :cry: We will never come out of this unless we get on with the right downs "NOWWWWW!!!!!"

RIP OFF THAT BANDAID!!!!!! Bleed banks, , ,Bleed!!!! :lol: :(

But the DOW is UP!!!

they can IGNORE that toxic loser asset foreclosure because they went to the Taxpayer Bank and with a signature loan got about 10 trillion so far......... :lol: :lol:

why would they waste their time and employees dealing with those pesky falling foreclosures WHEN THE GOVERNMENT BOUGHT THEM, SORT OF.....

the joke on them is they just played kick the can down the road, MOST WON'T GET ANOTHER BAILOUT and so you are going to see those foreclosures, millions dumped in an hour on the street.........

you don't think that will CAUSE more property depreciation, DO YOU??? :P Permalink

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