Theodore Shorty Mantle

Web Site: http://wallstreetexaminer.com/blogs/mantle


California Teachers Union Accepts 20,000 Layoffs in Compromise Deal

January 24, 2009

<SACRAMENTO> Pink slips are flying and educators are crying, but with the California economy in free-fall, the best deal the state was willing to offer will cut “only” 20,000 teachers this year with another 30,000 to be shown the door in 2010.
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Stop Speculating, Start Producing

December 19, 2008

I think I have figured out what the next bubble will be, when it will start, and approximately how long it will last.
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Bank Stock Covered Call Portfolio

November 8, 2008

Covered call option writers have been handed a great opportunity to lock in potentially very profitable entry points in bank stocks.
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Third Party Platforms Could Sway Presidential Election

June 25, 2008

Voters dissatisfied with the two major party candidates yearn for something better. None of the third-party candidates have yet emerged as a viable alternative, but their ideas could significantly impact the November election.
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Renter Relief Bailout Bill Passed by Senate

June 24, 2008

By unanimous vote, an emergency economic aid package to stimulate the economy has finally been approved by the U.S. Senate, releasing $300 Billion of funds to aid struggling apartment renters.
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Americans Building Equity in Gasoline

June 11, 2008

Americans who own their own gasoline get richer every year, while those who wait on the sidelines risk getting priced out of the market.
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Public Employee Pensions Out of Control

June 8, 2008

Historically, public employees accepted lower salaries in exchange for attractive retirement pensions and cushy jobs handed to them by relatives and/or political friends.  Now their salaries have become competitive with private sector employees, most of whom have been stripped of their pensions.
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SUV Owners Trash Vehicles, Turn in the Keys

June 1, 2008

Disgruntled purchasers whose luxury SUV’s have declined in value are walking away by the thousands, refusing to make their loan payments.
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“Walkaway” Mortgage Deadbeats Jailed in California

May 24, 2008

Despite objections from consumer advocates, in the last two weeks California judge Jed Clampbet has sent 142 delinquent homeowners to state prison for up to three years each, for failing to honor their home mortgage obligations. 
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Banks Walking Away From Foreclosed Homes

April 29, 2008

Thousands of failed housing gamblers have walked away from their homes in California, leaving banks as bagholders.  Now banks are walking away too, burdening taxpayers with carrying costs.
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The End of Cheap Cement

April 27, 2008

The collapsing housing market briefly caused a decline in cement prices.  Now, prices are soaring again from an unexpected source of strong new demand.
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Mrotgouge Lenders Offer Counter-Proposal to Government Bailout Plan

April 26, 2008

Loan modifications that benefit delinquent homoaners and other failed housing gamblers by forgiving a portion of their debt principal have been pushed by CONgress.  Today the Mrotgouge Lending ASSociation pushed back.
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Ditech Acknowledges Waterboarding Delinquent Homoaners

April 23, 2008

After a shocking YouTube video exposed the practice, the company has moved on to other collection methods.  Yet some fear these are even harsher.
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Mission Accomplished

April 22, 2008

With crude oil trading at $120 a barrel and gasoline prices nearing $5 a gallon, President George W. Bush can now retire back to the Texas oil patch a local hero.
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Government Announces Home Subsidy Program

April 22, 2008

Legislators have created a way to boost home prices and create thousands of high-paying jobs at the same time.
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U.S. IPO Soars on First Day of Trading

April 16, 2008

The initial offering of one trillion U.S. Treasury common shares priced at $100 opened trading at $150 and never looked back, closing the day at $747.
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Why People Lose Money in Options

April 5, 2008

Poor stock selection?  Improper strategy?  Bad timing?  No.  The biggest reason is simply using too much leverage.
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Foreclosure Tours Offer Glimpse Into SoCal Housing Market

April 4, 2008

Exiting the Reamtor van, we suddenly found ourselves pinned down by heavy sniper fire.  There was supposed to be some sort of Open House, but instead we just ran with our heads down to get to the model home office.
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San Diego Homeowners Still Cautiously Optimistic

March 22, 2008

As more layoff notices go out and home price declines begin to accelerate in Southern California, most residents remain confident of their ability to ride out the storm. 
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Bear Stearns Collapse Enhances Shareholder Wealth

March 18, 2008

On Monday, March 17th, the price of Bear Stearns stock (NYSE-BSC) fell from $30 per share to $4.81, creating nearly $10 Billion in new wealth.
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SoCal Median Income Plunges by 42%

March 18, 2008

After nearly a decade of steady increases, median household income in Southern California fell sharply in 2007, according to the latest figures from eSBRI, which indicate a shocking one-year drop from $118,000 in 2006 to only $69,000 last year.
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Uncle Sam Calls on Ditech

March 17, 2008

Last weekend, on his way home after being turned down at The Money Store and laughed out of the Washington, D.C. Payday Loan Center, Treasury Secretary Henry Paulson happened to notice a billboard displaying an ad for Ditech.  With nothing to lose, he made the call, and was quickly approved for a stated income 125% cash-out...
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What’s in Your Wallet?

March 13, 2008

11-Mar-08 FAIRBANK RICHARD D Officer 1,027 Direct Automatic Sale at $46.22 - $46.6 per share. $48,000
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Borrow All You Want, We’ll Print More

March 11, 2008

Showing a lack of restraint reminiscent of a Doritos Commercial, desperate Central Banksters today unleashed a multi-hundred Billion dollar $caSSh blaSSt, with promises of more to come.  Stressed-out debtors lined up quickly to grab their share of the loot.
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As Election Nears, Public Interest Peaks

March 10, 2008

Often criticized for ignorance regarding serious issues of the day, the American public is following this year’s presidential election campaign more closely than perhaps any time in history.  Talk radio and the internet, in addition to television, are keeping Americans well-informed on all the key issues.
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U.S. Dollar Recovers on OPEW Cutoff Rumors

March 7, 2008

Panic buying of dollars on Middle East currency exchanges bolstered the U.S. currency in overnight trading as members of the United States’ largest exporting block convened their annual meeting in Van Nuys, CA amid persistent speculation they would begin accepting payment only in U.S. dollars.
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Home Cooking Banned in Californica

March 6, 2008

Inspired by the recent legal coup being celebrated by public school teacher unions in Californica, fast-food franchise union workers have scored their own victory in the courts.  Effective immediately, only parents who hold a certified post-graduate cooking degree from an approved Culinary Institution and pay mandatory home-cooking fines will be allowed to prepare meals at...
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Honey I Lost All Our Ditech Money Playing Google

March 5, 2008

“Playing what???!!!  Who were you playing ‘google’ with?”  ”Just some guys down at the office.” “Oh sweetie, you’re not telling me that you’re…..I mean, not that there’s anything…..”
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Tooth Equity Loans Gaining in Popularity

March 4, 2008

The price of gold is soaring, creating wealth and providing opportunity for lucky dental patients with good insurance and bad teeth.
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McMansions Plowed Under to Plant Soybeans

March 4, 2008

“These houses have been empty since we built ‘em,” said property manager Bill Maytag, watching as another new $650,000 (asking price) home was leveled by bulldozers. “Haven’t even had a lookee-loo in months. No point waitin’ forever, they ain’t gonna sell. Beans….that’s where the big money is these days. Beans.”
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