The Bailout Bust

  This is now officially insane, but you just knew is was coming. Touched on this in the show. Last night Neil Cavuto interviewed Professional Home Buyer Jeremy Brandt who said his business is booming because homeowners WHO CAN PAY, are not paying their mortgages, hoping to cash in on the very generous government program…

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Senator, You Are Scaring Me

This is a classic interview and you need to watch the whole four minutes. Please! Senator Robert Menendez spouting the Obama claim that his tax rates will be lower than under Ronald Reagan which is patently false. The Reagan administration cut taxes from a top rate of 70% to 28%. Cavuto calls Menendez on this and what…

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Hey, You Don’t Expect People To Read That Stuff

Ok … this may very well be the quote of the day. Cavuto interviewing Acorn Housing Director Mike Shay on it’s role in the sub-prime mortgage mess. Shay claims only a few such CRA loans are bad (more on that below) and the ones that did go bad were the result of predatory lenders not homeowners…

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Armageddon?

Here is how Neil Cavuto kicked off his business show tonight putting today’s 600 plus sell off in perspective and it’s not pretty:   The Dow is one of the best leading indicators I know … when its rational. I just can’t determine if this is just plain panic or rational selling, or both. When…

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