cyborg
04-03-2007, 10:21 PM
New Century Financial (NEW: NA, NA, NA%), the No. 2 provider of mortgages to home buyers with less-than-stellar credit, got an unwelcome answer to that question on Monday, when its shares dropped nearly 70% after it disclosed late Friday that it's under criminal investigation by the feds. The U.S. Attorney's Office for the Central District of California is looking at possible irregularities in the trading of New Century securities as well as potential accounting errors.
http://www.smartmoney.com/onedaywonder/index.cfm?story=20070305
New Century down for the count. Turns out loaning money to deadbeats doesn’t work.
What does this mean to Whites? Simple. Save money, get ahead. Most Americans are a paycheck or two from the street. Don’t be one of them. Save not 10% of your income, but as much as you possibly can. Buy top quality where it’s important, other than that, buy little. Keep your money out of the hands of the giant jewish e-circus conglomerates and in your bank account where it can wax fat.
Credit inflation is immoral because it steals from earners and rewards the underserving. Naturally, credit inflation is a time-honored jewish tool for stealing wealth from goyim. The jews own the Fed, a private bank, and through it are able simply to print money out of thin air. This is stealing by another name. Silent stealing from me and you and all White earners, all in order to line jewish pockets. Fed greed, Fed easy money policies, stimulates greed in private industry, which is reinforced by jew tag-teams of regulators and media burrocrats complaining about redlining and other practices that limit credit extension to the credit worthy, and insist that private creditors be forced to make bad loans - which are in turn “guaranteed” by the U.S. government, which itself is bankrupt, if you look at the matter technically.
As always, what is good for Whites is all that matters. What is good for Whites is staying out of debt, and keeping White money in White hands.
http://www.vanguardnewsnetwork.com/?p=1625#more-1625
http://www.smartmoney.com/onedaywonder/index.cfm?story=20070305
New Century down for the count. Turns out loaning money to deadbeats doesn’t work.
What does this mean to Whites? Simple. Save money, get ahead. Most Americans are a paycheck or two from the street. Don’t be one of them. Save not 10% of your income, but as much as you possibly can. Buy top quality where it’s important, other than that, buy little. Keep your money out of the hands of the giant jewish e-circus conglomerates and in your bank account where it can wax fat.
Credit inflation is immoral because it steals from earners and rewards the underserving. Naturally, credit inflation is a time-honored jewish tool for stealing wealth from goyim. The jews own the Fed, a private bank, and through it are able simply to print money out of thin air. This is stealing by another name. Silent stealing from me and you and all White earners, all in order to line jewish pockets. Fed greed, Fed easy money policies, stimulates greed in private industry, which is reinforced by jew tag-teams of regulators and media burrocrats complaining about redlining and other practices that limit credit extension to the credit worthy, and insist that private creditors be forced to make bad loans - which are in turn “guaranteed” by the U.S. government, which itself is bankrupt, if you look at the matter technically.
As always, what is good for Whites is all that matters. What is good for Whites is staying out of debt, and keeping White money in White hands.
http://www.vanguardnewsnetwork.com/?p=1625#more-1625