Are More Dark Days Ahead for Homeowners

A rather quick thought on the economic report today for the stock numbers. In what should be a surprise to no one, those who actually do remain true to their obligations and pay off their payments are getting the shafts with this new mortgage deal. However, the banks, and those incompetent bunglers who didn’t really remain all that on the level, are getting the better deal. That just really tells you about all you need to know right about now. As usual, those who do the right thing are going to have to pay for the sins of everyone else.

Homeowners are going to really be in for a bumpy right the next few years, even worse than the ride that just occurred right now.

Stock Market Report 2/9/12

Stock market is up today. Good, I guess. We are living in some tepid times right this week. Which can be a good thing, as at least it’s not going down.

Dow Jones: 12,891.37(+7.42)

Nasdaq: 2,927.23(+11.37)

S and P 500: 1,351.96(+2.00)