ER (Wed 3rd.)


www.eurointelligence.com Medicare – www.news-medical.net Volcker – business.timesonline.co.uk Mortgages – www.housingwire.com

25 Responses to “ER (Wed 3rd.)”

  • audiofeel1:

    @opzoutenAUBnugraag

    germany also raped greece and other countries. reparations are in order.

  • BeenInACaveWayToLong:

    Can you imagine how the price of marijuana would plummet if it were legalized? Then, of course, the current prices could be maintained through TAXATION !

  • VisionQuest2012:

    Congress can lift restrictions on Insurance companies competing. Right now as it stands you can’t get Blue Cross Blue Shield in some states because of the laws now on the books. This restricts competition and if that happens then prices will not go down. The system is rigged and congress is behind it. They have the power to lift restrictions on insurance companies competing in all 50 states. It’s like the drug dealers not wanting Marijuana legal because the prices would plummet.

  • bookbinder66:

    mystic utubes captions are not following your words

  • Airave:

    Planting trees… very nice.
    Most of the snow/ice piles over here
    have been rained and melted away.
    Had a lovely and brisk go at the forest
    today. Ahhhh, Spring is on the way! :)
    Delight in, Nick!

  • opzoutenAUBnugraag:

    and possibly Germany has to help, because its banks loaned a lot of money to Spain, Greece, Island and such.

  • davidnightingale:

    Hello Nick

    Ah, you’d be discussion in this area that bread stuff, now is it the bankster kind of bread? Or the stuff they make from lots of dough, then place in one of those things that’s hot to crisp it up a bit?

    Personally, I don’d do bread so don’t make toast. Is that the right answer? Cheers

  • davfritz:

    A fuse has been lit, and we are amuseing ourselves watching the small sparks and smoke come from the fuse as it burns. Can’t wait till it reaches the firework itself.

  • axel1million:

    “German Nazis are still alive”
    So the childern and grandchildren have to pay for what theparents/ grandparents have done.
    They tried that, with the treaty of versailles after the ‘fantastic war’ (“the war to end all wars”).
    Did not work too well.

  • SSanf:

    Indeed! Have a fantastic day, Nick. I want videos. If I promise not to make one back, will you acknowledge that as a bribe?

  • Geodge:

    Yeah-that’s the modern day mortgage industry business. Making money by earning interest on a 15-30 yr home loan is not in the business plot–the business plot is, make money on loan fees and then securitize the loan and sell it to a collective retirement money manager or somebody. A lotta lenders won’t fund a loan anymore unless they have an investor (ie customer ready to buy the loan) locked in up front.

    It could be trail doesn’t even hold your loan anymore. They might just “manage” it.

  • BeenInACaveWayToLong:

    Sure, I pay them $4700 so that they can keep paying me 1% on my 140K deposit and keep a “high quality” 4.5% mortgage. That’s too one sided.

    trail will have to loot their share of me from the money congress extracts in taxes or from the loans they make with new $ that ultimately devaluates my $.

    No. I don’t reckon so. I reckon I’ll just take my money off this table and go on to a different one.

    The quality of their portfolio will only drop slightly.

    The smart money still has options.

  • SSanf:

    There is a further option. You can use today’s returns to pay for today’s expenses. Then, if you still have money left, pay ancient bills and interest on ancient bills. It is a foolish self (or country) that pays on a credit that is overdue instead of paying their current rent. That is how you end up evicted. A excellent credit rating means nothing when the cops are watching your stuff be place to the curb.

  • TheModernMystic:

    G, “No investor of sound mind would bail Greece out? now”.
    Well that possibly right……..but doesn’t exclude EU leaders.

  • SpringboardShop:

    You deserve a cool, silent day in the garden.
    Thanks for sharing.

  • TheModernMystic:

    Hello Dave,
    How do you make toast?

  • TheModernMystic:

    BIACWTL,
    Yeah, but not a terrible offer by the Chasers, eh?

  • TheModernMystic:

    zen,
    I/We have got a dozen fruit trees planted in the last two days.
    I will do a video when the wind goes away.

  • BeenInACaveWayToLong:

    Without a change to the existing system, the “Government” has the choice to:

    1. Borrow the money
    2. Increase taxes
    3. Print the money
    4. Wage war & steal wealth

    You can only squeeze a turnip so much … no matter how much that turnip likes dear ‘ole Mom … or “Dad” for that matter. Something has to give … and demanding for the “government” to fix “it” ain’t gonna work when there’s nobody willing to lend and there’s no margin left to tax or print.

    To the winner go the spoils.

  • Geodge:

    No such thing as a “No-News Day” these days. Greece has been in default approx 100 of its 200 years since independence. Do they learn? No-govt spending is scooting UP as default looms. 1/2+ of GDP is govt spending-and govt staff are out arresting rather than working & so govt can’t yield timely & supported #s for their financials. No investor of sound mind would bail Greece out now-so if its rescued it can only mean one thing–money experts now view irrational fiscal policy as our only hope.

  • SSanf:

    Sure, lots of ancient people are dumped and abandoned or have no living children to care in this area them. But, most people have a relationship of some kind with their living parents and do still like them. When Mom loses her home and must be taken in and provided for (often causing disruption to the young family) the young people are going to get up in arms and insist that the SS be continued no matter how the government finances it. They will not stand for it being discontinued when it is their mother.

  • SSanf:

    Well, I am from the baby boom generation. For some reason, I am not too worried in this area it. Either they keep sending the checks or our kids will have to take us in and provide for us in their homes instead of in places of our own. Or, they will see their parents die in want on the streets. They won’t let their own parents die on the streets and they sure as hell don’t want us living in the homes they support (they don’t mind living in ours). So, they will pay for us to keep our own places some way

  • BeenInACaveWayToLong:

    Just wait a further 10-20 years and see how your example plays out for the baby boomers.

    “We’re screwed” takes on a total new meaning.

    Under the current system the baby boomers will never live the standard their parents currently delight in … no matter how dismal it seems.

  • SSanf:

    You can also add $26 for Medicare part D if you have that. It pays a part of drug costs but far from all of it. Excellent luck making ends meet if you have 5 or more medications. If you have less than $1500 a month for retirement or must pay rent or have a car payment, or need any kind of repairs or maintenance, you’re screwed.

  • rayomans:

    I’m trying figure out whether the main export product of Europe these last 10 years has been the Euro itself.

    Greeks and Germans in financial war? So what happened to that European unity then? Looks like it’s going, going, gone, before you can say, Bosnia.