oh boy

OK - forget about the fact that FNM lost 19 billion in the last quarter and needs another 15 billion from the fed...forget about that little 34 billion dollar problem, FNM is now going to rent the houses they have foreclosed upon to the defaulters...so now the US government is going to be getting these calls..."uh Mr. Obama this is Mr. Jones at 6500 Main street, my toilet is backed up, can you send someone out to fix it..". And yet we continue to let the "banks" live in this fantasy land that they are adequately capitalized, FNM is saying we cant even sell these houses (collateral) if we wanted to so we are just gonna sit on em (cuz they can). What a freaking mess, yet the bald guy is saying housing has bottomed....how could it have when FNM is now becoming a landlord?
Unemplyment rate as of this morning is 10.2%....uh Mr. Obama - where is the yes we can stuff? yes we can go to 15% unemployment - hope there are lots of extra bedrooms in the whitehouse.
The SPUZ are selling off $7 before the opening - this market is so crazy it will probably rally on this jobs number...
Anyway my wife is running a 1/2 marathon - she is training for it and if she can do it Im gonna be real impressed but I dont want her to become an everyday runner, its bad for her health in the long run...kness, bladder falling out - that kinda stuff. So lets do the marathon and then limit running to the important stuff, like to the bathroom or to the plane....

JB