Welcome to the New RealTown! Submit Feedback
Member Login | Join RealTown
The Real Estate Network

The Political and Financial Markets Commentator

Jericho, New York

The state of politics and the financial markets are discussed with an eye towards the potential impact on us all.

Subscribe

Your E-mail Address:
Subscribe to:

Recent Comments

RE: Mortgage Modifications: What Are They?
Do you do mortgage modification? What is your suce...
RE: Do These Guys Really Feel The Pain Of Main Street?
The answer to the question in my blog this morning...
RE: The Government Rescue Plan: What Are They Talking About?
The biggest problem with this whole plan is the Go...

Site Feed

RSS Feed

The Political and Financial Markets Commentator

September 2008

Vote For Your Favorite Political Cliche

Sep. 30, 2008
Since the Congress is taking a couple of days off, it is the opinion of this blog that we will take this opportunity to take a look at some of our favorite cliches that come out of the mouths of our politicians, and take a poll of which are your favorites

The $1 Trillion Men (and women): The House Of Representatives

Sep. 29, 2008
Apparently Nancy Pelosi, Majority Leader in the House, does not know how to count very well. Leading up to one of the most important votes in recent history, it would seem that she did not know how many in her own party would vote yes, let alone how many

Do These Guys Really Feel The Pain Of Main Street?

Sep. 29, 2008
Do These Guys Really Feel Our Pain? As a follow-up to the bank bailout resolution of this crisis that may be passed this week, I just wanted to touch on a phrase that is used incessantly by the politicians as they run to the microphones in order to get

Reading Between The Lines Of The Mortgage Bailout Plan

Sep. 29, 2008
In moving from the rhetoric coming from Washington and bringing it to the level of Main Street (a term that our politicians love to invoke), and watching the early stock market reaction to the bailout plan as we know it now, actions are speaking louder th

A Video On How And When The Mortgage Crisis Really Got Started

Sep. 27, 2008
Watching TV news and commentary on a daily basis, and watching some politicians talk on a daily basis, you would think that this mortgage crisis did not exist until the day that George Bush was sworn in for his first term.

Quick Response To Harry Reid

Sep. 26, 2008
Response To Harry Reid I was driving in my car listening to a press conference that Harry Reid, Democratic Leader in the Senate was conducting. He said that although this entire mortgage and banking crisis was the doing of the current administration, h

Not Going To Be A Three Legged Stool

Sep. 26, 2008
The calvary coming to the rescue as stated by a congressman yesterday must have been riding lame horses. I woke up to a picture of Connecticut Senator Chris Dodd saying to the TV cameras that there is no deal because the Democrats will not move forward

A Bailout Package Is Coming Into View

Sep. 25, 2008
For all of our sake, let's hope that the cavalry is coming to the rescue, and that they bring all of the right ammunition. Let's get this done and move on!!!

Existing Home Sales: The Chicken Or The Egg

Sep. 24, 2008
If we can get back to the point of the banks beginning to trust each others credit worthiness, and we get a bailout package that puts liquidity back onto their balance sheets, perhaps this particular piece of economic data can improve before the next repo

Know Your Lenders That Are Lending and Goldman Sachs

Sep. 24, 2008
As a former trader watching the market yesterday afternoon, the news of this deal was more likely than not already in the marketplace before it was announced. Let's take a look at the way Goldman closed and the volume that it traded between 3:50 and 4:00.

The Bailout, Real Estate, Mortgages, Economy and the Stock Market. Oh Boy!

Sep. 23, 2008
As a participant in the commercial mortgage and real estate markets, I want to know if it will mean that financial institutions that remain will once again be willing to lend. Once we know that they are willing to lend, the question will become who they a

The Government Rescue Plan: What Are They Talking About?

Sep. 22, 2008
It took MIT quants to put these products together, and maybe it will take another one to really explain to me how this is all going to work. I understand the premise: to take bad product off of the books of the banks that own them which will hopefully re-

The Mortgage Crisis: A Funny Look At A Very Serious Problem

Sep. 19, 2008
The following cartoon depicts in an extremely funny way, the sub-prime mortgage crisis as it might have happened. It takes you from the original making of the mortgage, to the investment banks that packaged and sold them, to the accountants and ratings ag

Analyze a Commercial Mortgage Loan Plus The Financial Markets

Sep. 17, 2008
If you missed the presentation on the process and tools that you need to analyze a commercial mortgage loan on income producing property, please visit http://ezinearticles.com/?expert=Michael_Haltman , and you will be able to read my 4 part series on how

Time To Start Moving Forward? Back To Basics With Marketing

Sep. 17, 2008
The Components of a Marketing Plan Here are the key components of a marketing plan

Golden Parachutes: Executives Fiddle While Employees, Shareholders and The Economy Get Burned!

Sep. 16, 2008
Executives Fiddle while employees, shareholders and the economy get burned! The most incredible thing during this crisis, is that many if not most of the top executives whose feet you can lay much of this at, will be leaving their positions with lucrat

Enough Of All This Damn Doom And Gloom

Sep. 15, 2008
OK. I think that we have established that there are some big problems out there, and today is going to be very interesting. But you know what? At the end of the day what happens to Lehman and AIG and everyone else does not in actuality put food on my tabl

Market Events: Pick Your Poison!

Sep. 15, 2008
I have spent the weekend watching and listening to the events that are unfolding somewhere down in lower New York City. Another investment bank teeters on the edge of going out of business after being in business since the 1800's. The Fed, the Treasury an

Network, Network, Network

Sep. 13, 2008
I wanted to share some websites that if you are serious about mortgages, real estate and networking, you should join

Here We Go Again The Bell Is Tolling For Lehman and AIG

Sep. 13, 2008
We have had the recent federal takeover of Fannie Mae and Freddie Mac, and now we have the imminent potential demise or takeover of Lehman Brothers, the apparent serious need for a capital infusion at AIG, and the next potential shoe to drop for our insti