Farmboy 1's Comments

The new intro was great - what we could see of it. Our local Fox outlet cropped the sides off this and the other Sunday night shows. There were times characters were completely offscreen, along with chunks of text.
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@just a guy: It's my understanding that fuel prices are dropping because the speculative investor funds have dried up, thanks to the credit crunch. Just a few years ago the US law was that the only people who could speculate in the fuel market were actual buyers and sellers, not Wall Street traders. Then the law was changed. Traders from outside the industry jumped in and drove the futures up. Now the easy money is gone, so things are returning to a more normal level.

And oh yeah, I'm another Idiot Out Wandering Around (SE of DSM).
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It's really, really important to remember that the 75% increase in foreclosures from last year (mentioned in the article) is only an increase from 0.58% to just over 1%. Foreclosure rates were actually higher in 2002. And it would only(!) take $20 billion to buy out all of the current problem home mortgages.

The real criminals, the folks to started the asset-backed securities scam, should see some serious jail time.
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Profile for Farmboy 1

  • Member Since 2012/08/11


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