[cadillac cowboy]

Doug Noland over at the prudentbear.com website has been covering this and related matters for at least a year....although his weekly 'Credit Bubble Bulletin' sometimes goes over way my head.

But few will be concerned until this thing comes in short of the runway.

[rohry]

I just heard this editorial being mentioned on CNBC. If true, then there is no safe place to put your money. All my 401-k money is in bonds, for example (the “safest” of my choices), the largest holdings are Fannie Mae and Freddie Mac.

[bvw]

Steamships, airplanes ... what's your next analogy?

[junta]

bttt for Noland's Credit Report This could be the mother of all shorts. The head of one of these monstrosities is one Franklin Raines a Clintoid flunky who runs his outfit with a political liberal ethics, bad for business.