Made $100 Blogging - in a Year

Yes, I made about $100 blogging, but it took about a year. Whether it has to take that long or not, I don't really know. However, Dragon Blogger says that he did much better, making $50 in a month. I hope you can do as well, otherwise the blogging financial bubble, in terms of real results, is a lot worth than even the real estate bubble. I checked out Dragon Blogger's post and he has some interesting things on his blog, including a guide to use Twitter. Also, of note, is that if I include my sponsored posts, I probably have made about $50 in blogging on this blog too. Now if only the whole freaking financial system would not disintegrate. But that is inevitable. It can' be put back together, you can only create a new system, with the help of some advice at larouchepac. Check it out bros and sises.

Selling Real Estate got Easier

Selling Real estate just got alot easier, with your new website. That is what you want, and baby I got it. This is the free website to develop for you at Pink Paper and it is a lot of fun. You can upload the pictures of your houses for sale, put some links in and before you know it, you could be drawing lots of business.

Now if we could only get real estate back to reality. This bubble is going to have to be drawn down, that is an action that only the Congress and the Federal Government. I hope they do it soon, freeze some unpayable mortgages, keep the families inside. In the end it is better to keep the market up, by keeping people in their homes, than having a lot of crap and people dumped out on the street.

Crime and the Credit Swap Derivatives

The Credit Swap Derivatives, a form of insurance policy for bonds and other investments, is coming under the microscope for fraud. This is in the wake of the collapse of AIG insurance co., and its bailout by $120 billion or more by the US Government. AIG is being investigated, along with CDSs (Credit Derivatives Swaps) in general by the NY State Attorney General and federal prosecutors as well. On question being asked is if somehow the market was manipulated to drive down stock prices.

The cost of this protection, is called the "spread." At least I think so. Anyway, the spread got pretty bad on Lehman Bros bonds at a certain point before they went into bankruptcy, and were sold/given to Barclays Securities. One source said recently that Lehman Bros bonds are now going for 6-cents on the dollar. The situation has also deteriorated for the bonds, the debt, etc of Morgan Stanley and Goldman Sachs, though both of those companies are still in business under their own name.


According to the New York Times, Oct 20th:

"Collaborations between the New York attorney general, Andrew M. Cuomo, and the United States attorney in Manhattan, Michael J. Garcia, are not frequent, legal experts say. That suggests the two men believe the case is too big and significant to pursue independently. Representatives for both men confirmed their effort on Friday. The Securities and Exchange Commission is also looking into credit-default swaps."

When the swap prices went up, that helped make money for the people doing short selling. Then the question becomes, was there "manipulation." It seems that there is manipulation in this crap by definition. To force everyone to buy CDS over the last 15 years and then watch it crash is part of the game. Time to zero out and outlaw all of these speculative transactions called financial derivatives.

Ooh, oh, the fuzz are looking at the Depository Trust Clearing Corporation, Markit, and Bloomberg, the makers of the "Bloomberg Machine."

Nice to Choose Thinking , but it's Bigger

Nice idea at http://choosethinking.com/, but it's bigger than that now. We in the USA, and elsewhere need Lyndon Larouche's Homeowner and Bank Protection Act. The owner occupants should continue to make reasonable rental payments to the banks. These payments can be applied to their new mortgages later. The home prices should be allowed to continue to go down for a few years, till they settle down to a reasonable level. There is no reason to spend even $50 billion nationally to help satisfy and subsidize a bubble. Anyway, the derivative market will still be out there in the Cayman Islands, and other tax havens, to try to suck up money and create a new bubble, unless you let the bubble go bye bye.

Paulson's Gone Nuts, Wants to Bailout Hedge Funds

Paulson wants to bailout things, and creatures such as investment banks, insurers and hedge funds.
“I don't wish to spread alarm on the line people but the big issue confronting the market is I'm afraid the health and sustainability of Morgan Stanley (NYSE:MS - News) and Goldman Sachs (NYSE: gs)," Hugh Hendry, Partner and CIO at Eclectica said "It is unimaginable that they can be allowed to go, I suspect that they will be nationalized at some point today or over the weekend,"

This is so insane, that it may be necessary to throw Paulson, Bernancke and Bush into the loony bin as soon as possible, and for their own safety.

They don't seem to have the authority to do this crap. Better to cancel all of the derivative contracts, and shut down the global casino. These are the derivative side bets of bonds, stocks, currency exchanges, home mortgages, real estate, etc. How about listening to Lyndon LaRouche instead.

Austin Texas Foreclosure Action

Austin Texas Foreclosures action can be the time to earn some money. After all, a house in a reasonable neighborhood is not going to go down to zero value, it is going to continue to be worth something. Many banks have an REO department- which stands for "Real Estate Owned." These banks want to get some cash and get out of the housing market, so discounts off market prices are widespread. Check it out at Century21 Ripley.

There's enough Austin real estate to satisfy your investment appetite, at prices that you can afford. The chances of making 5-10-percent or much more, if you are patient, on your investment are good, either as a sale or a rental. Many people are renting for now, and moving to sell after things in the housing market settle down. An Austin Foreclosure could be your dream investment, even in these times of economic hardship.

Austin Texas, the capital of Texas is still a leading "live music" and club city, as well as the heart of a high-tech, computer job zone. So, you should feel confident in trying some of this Austin real estate It is a favorite city of a wide variety of personality types who have coined the slogan "Keep Austin Weird." Still, remember, that a city like Austin and Austin Texas Foreclosures are still deep in the heart of Texas.

The 7,000 Billion Bailout Plan

It seems the 700 billion dollar bailout plan has not made much of a dent in bailing out the financial sector, or getting the stock market to go up. How about a 7,000 billion bailout plan, or a 70,000 billion bailout plan. The sky is the limit if you want to bailout the derivative markets, the one's where AIG insurance lost all of its 80 billion, or whatever.

Or how about listening to LaRouche, and first going with the Homeowner and Bank Protection Act. Freeze the mortgages and mortgage-backed securities. Keep the banks capitalized by having reasonable rental payments on houses with unpayable mortgages. Then let's issue new credit at low interest rates for large infrastructure projects- that is maglev trains, roads, bridges, lots of rail, this highway society is just one big traffic game. Have a New Bretton Woods Conference about having stable parities between the major currencies. Maastricht in Europe is dead, France's President Sarkozy is looking for a way out, and so are sane Americans.