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Is Regions Financial the next Indymac?
By John Galt June 13, 2011 This story from the Wall Street Journal this morning: Bank Probes Its Executives appears to indicate that the insiders who did not sell after the 2009 crash and burn may...
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Housing Crisis Over as Foreclosures Drop? Think Again
By John Galt June 19, 2011 The foreclosure crisis is officially at half time, sitting in the locker room, and waiting on the coach to come out with a second half strategy. The media, especially some...
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Monthly Housing Starts/Permits Update
By John Galt June 19, 2011 I first wish to thank my readers for their patience as the website has undergone several transitions over the past few weeks along with my personal schedule which has kept...
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My Big Fat Greek Housing Crash
By John Galt July 3, 2011 As the American stock markets celebrate another episode of “extend and pretend” until January 1, 2012 in the Eurozone’s basket case de jour, the truth is that the Greek...
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7/27 V of Galt: It’s FreakOut Wednesday
By John Galt July 26, 2011 News happens. Get the real take tonight on the Voice of Galt only on Just Measures Radio. Especially Tonight. To call into the program dial: (877)213-6404 or...
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Monthly New Home Sales Data Series
By John Galt August 24, 2011 – 08:55 ET Starting this month I shall be updating the series, sometimes with a special news entry when justified, but definitely in the Economic stats and data pages in...
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Bank of Flamerica gets FDIC non-approval of proposed settlement
By John Galt August 29, 2011 – 18:28 ET Oh man, oh man, oh man. Thank you Yves Smith for capturing this one: FDIC Objects to $8.5 Billion BofA Settlement (Updated) Click on the link to read the FDIC...
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New Home Sales for August: More of the Same
By John Galt September 26, 2011 – 12:15 ET To say that this morning;s report from the Commerce Department was any encouragement about a long term economic recovery in the construction industry would...
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Just like 2008: The Banksters Crime Family Cut a deal the States Could not...
By John Galt October 18, 2011 – 22:00 ET Remember the joys of 2008? The backroom deals. Hank Paulson intimidating the elected morons into cutting unconstitutional deals to steal monies from taxpayers...
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10/19 Housing Data: Not as good as the Headline Propaganda, as usual
By John Galt October 19, 2011 – 21:45 ET US Economy: Home Starts Jump, Consumer Prices Stabilize BusinessWeek Housing starts jump 15 percent in September Kansas City Star Increase in housing starts...
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September New Home Sales: Ends the Worst New Home Selling Season in History
By John Galt October 26, 2011 – 10:20 ET The September new home sales report is out from the Commerce Department (click here for PDF version of the release) and as usual, the mainstream and...
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12.30 V of Galt: Predictions 2012 Live and in Color
By John Galt December 30, 2011 07:50 ET Buckle up. 2012 is almost here. Last year I was so-so in my predictions and for 2012 I probably will be also. If you are meek put on your Depends for this show...
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2011 Housing Report: The Worst Year in Modern History
by John Galt January 29, 2012 22:00 ET There will be great discussion about the “recovery” of 2011, but the reality of just how dire the economy is for Main Street is best defined by the one asset the...
View ArticleThe Must Read Story about the Foreclosure Fraud in the U.S.A.
by John Galt February 5, 2012 11:15 ET Gretchen Morgenson has produced a story in this morning’s edition of the New York Times which is a must read as a primer regarding the severity of fraud within...
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2/16 Housing Data: More Depressing News in Realityville
by John Galt February 16, 2012 21:45 ET The housing news, as usual, was spun by the Obamamedia, the Fedomedia, and the Bullmedia as the ultimate sign that once again, for the 113th time in 4 years,...
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Today’s Housing Data is PLOPOO
by John Galt May 16, 2012 16:30 ET While the mainstream media engages in P.L.O.P.O.O. (Putting Lipstick on Pig of Obamanomics), the reality of today’s housing numbers are still so bad, they would...
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The Unemployment Data You Were not Supposed to See
by John Galt July 8, 2012 20:45 ET If you read the mainstream media, pro-Obama websites like “Business Insider” or “CNBC.com,” you might be under the idea that this past Friday’s unemployment...
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Predictions 2013: The Year of Living Dangerously
by John Galt January 1, 2013 17:00 ET 2013. Bah Humbug. Washington, D.C. is a mess ruled by a maniacal narcissistic Marxist and opposed by a globalist political party which would sell your...
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This is what the Real Real Estate Bottom Looks Like
by John Galt March 31, 2013 13:535 ET No further comment is necessary. From Zillow.com: Just wow. I’ll bet the NAR calls this “bullish.”
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BREAKING NEWS: Holy Smokes FDIC Seizes Failed Bank in AZ on a WEDNESDAY!!!!
by John Galt May 15, 2013 19:00 EDT Uh, this sounds a lot like 2008 or 2009. The Central Arizona Bank in Scottsdale, AZ did not even open THIS MORNING!!!! The bank was seized last night with little...
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