Rising Mortgage Rates Caused By TARP – Crude Hits $75 – October 15, 2008

By · Saturday

FDIC loan guarantees, Fannie & Fannie buys of Toxic mortgages, and the TARP is resulting in higher yields, wider GSE Debt spreads and higher mortgage rates, which are signs that The Great Credit Crunch remains in the third inning with that one-year rain delay. The TARP is now on the infield, but covering a swamp full of alligators. Crude oil has reached a $75 handle as I expected. A weekly close below $74.90 would be the first since October 2003. More bad loans are on the horizon: Credit Cards, Home Equity Loans, Commercial Real Estate and Construction & Development Loans are set for increasing defaults. We are entering a multi-year Bear Market and heading for Recession. To subscribe to my special report, �The Great Credit Crunch� and updates to Richard Suttmeier�s List of Problem Banks and new Richard Suttmeier�s List of TARP Banks, send an email to GMCReports@aol.com or to Support@ValuEngine.com.

Duration : 0:4:36


[youtube 3_S0NjAFfjw]

Topics: home equity loan · Tags: bonds, equities, Market, Rightside, Stock, stocks, Suttmeier

Comments

By animalluvr9 on June 27th, 2009 at 4:03 pm

dnt read this(cuz …
dnt read this(cuz it really wrks). u will gt kissd on the nearest frieday by the love of ur life. 2mara wll b the bst day of ur life hwever if you dnt post ths comment 2 at least 3 vids u will die withn 2 days nw uv startd readn this dnt stp this is so scary snd ths ovr 2 5 vids in 143 mins when ur done press f6 nd ur crush’s name wll appear on the screen n big letters ths is so scary cuz it actully wrks ths really wrks

By DrewDownsManagement on June 27th, 2009 at 4:03 pm

Very informative …
Very informative video. I took some notes on the video and how it was done. I gave it 5 stars. Check out our vids and tell me what you think? We have some good stuff also.

By Drivethebeat on June 27th, 2009 at 4:03 pm

Thank you
Thank you

By OmarThePug on June 27th, 2009 at 4:03 pm

Troubled et …
Troubled et Relief Program = TARP

Its kind of like throwing a half can of whip cream on big heaping pile of sh*t.

And regarding the drop in Oil. :0) Who says you can’t make money in a recession!

By midway27272727 on June 27th, 2009 at 4:03 pm

always great info !
always great info !

By paulmallo1 on June 27th, 2009 at 4:03 pm

I am new to all of …
I am new to all of this trying to learn as much as possible… What is TARP??

By 25jack on June 27th, 2009 at 4:03 pm

Nice call on Oil !!
Nice call on Oil !!

 

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