Monthly Archives: March 2009

EoC Replies

Economics of Contempt is kind enough to answer the question I posted in his comments: …Super-senior tranches don’t have to be synthetic. Whether the owner of a super-senior tranche has the right to inspect the underlying mortgages depends on a … Continue reading

Posted in Real Estate | Tagged | 2 Comments

Remember That Fuel?

All this for a metaphor. Getting back to some unfinished business, let’s talk more about that fuel that China provided to fund the housing crisis, shall we? I am beginning to come around to the terminology. Because if you think … Continue reading

Posted in Real Estate | Tagged , | 2 Comments

Why We Must Investigate Deuce

Last week I made the argument that the United States must investigate and charge Bush Administration figures for the crimes we pretty much already know, and the ones we don’t, after complete and open investigations. The reasoning behind my analysis … Continue reading

Posted in Self-correcting Systems, us.politics | Tagged , , | 3 Comments

This is what we have come to

Tent Cities in the USA. 8 X 10 shacks for those who have been left out; at the same time housing stock prices are at low ebb, and the number of properties on the market is abnormally high. This is … Continue reading

Posted in Real Estate, us.politics | Tagged , | Leave a comment

The Economist is Shite

I just read some typical Economist tripe about China. God they have so very lost their way. I used to at least enjoy their writing if not their positions, but no more. For me, it was the Katrina issue, where … Continue reading

Posted in Uncategorized | Tagged | Leave a comment

Division of Powers within a State

I tend to run between extreme frustration with China and extreme frustration with the US, and then the happy times in transit between. Over the past few years, however, due to so many things and systems breaking down, I have … Continue reading

Posted in Self-correcting Systems, Uncategorized | Tagged , , | Leave a comment

Why Bush Administration Crimes Must Be Punished

For those who have been paying close attention, or really just about any attention at all, there is already considerable evidence of Bush Administration crimes. Indeed, there is little doubt that a serious investigation will turn up ample evidence of … Continue reading

Posted in Self-correcting Systems, Uncategorized, us.politics | Tagged , , | 5 Comments

Media Terminologies and Perceptions

Black and White Cat has an important post from a few days ago. Choice quote: The world is divided into good countries (us) and bad countries (them). Bad countries’ leaders “say,” “claim,” or even “insist” they are doing one thing, … Continue reading

Posted in Uncategorized | Tagged , | 2 Comments

Three Steps Missing – Another Perspective

Once again reader BF provides another angle on my recent post on China’s relation to the US housing crash: Actually, I do not think [Josh Marshall] was very far off the mark. I do not agree with everything he says, … Continue reading

Posted in China | Tagged , , | 1 Comment

Chris 'Devonshire' Ellis – Fake Lawyer, Fake Quitter, Just Fake!

Like zombies in a bad video game, Chris Devonshire Ellis just refuses to go away. It would be funny if is wasn’t so pitiful. No, scratch that, it is funny, funny as hell! Don’t go away ever again, Chris, we … Continue reading

Posted in China, Uncategorized | Tagged , | 13 Comments