Blog > Archive by tag 'CNN'
“Frequent news stories about financial doom tend to bring on the, ‘Yikes, we’re all gonna die!’ response. Even in people who should know better.” — John Carlton
Blogger’s note: Ah, fear mongering, it’s an age-old tradition in the mainstream media. And there’s nothing the media likes more than a good recession to talk about. Afterall, a [...]
"The more catastrophic scenario is one where asset prices hold steady or even resume their ascent, while consumer goods prices rise even faster. This of course is the hyper-inflation scenario, and is the worst possible outcome." — Peter Schiff
by Peter Schiff
Baltimore —(TFN): Among those rational enough to perceive the looming economic downturn, a heated debate has arisen [...]
Tags: ARM, Bush bail-out, CNN, dr doom, finance, Financial, foreclosure, loan freeze, mortgage crisis, peter schiff, property crisis, Real Estate
"Lenders will be on the hook for more losses than had the foreclosures taken place sooner. Of course, as these chickens will likely come home to roost after the next election, that’s a trade-off incumbent politicians will happily make." — Peter Schiff
by Peter Schiff, TFN
Baltimore — (TFN): Without question, the Bush administration’s mortgage rescue [...]
Tags: ARM, Bush bail-out, CNN, dr doom, finance, Financial, foreclosure, loan freeze, mortgage crisis, peter schiff, property crisis, Real Estate
“Larry King is the master of infotainment. He is the Walter Cronkite of infotainment. And that is a pretty scary thought. He looks old. He looks like a mortician does his makeup. Hell, the man has been on the air for more than half a century and been married seven times! But the man still [...]