about this blog
- Cody Willard is an anchor on the FOX Business Network. Willard is also the principal of an investment management company.
He was a long-time featured columnist for the Financial Times and TheStreet.com as well as a regular featured economist and stock picker on CNBC's ''Kudlow & Company."
most popular posts
-
- There are no viewed posts at this time.
TexasGirl
BFT someone in the media is drawning attention to the trend setters of this economic mess and the REAL direction the intoxic waste is flowin from. I am sick-n-tired of some banker, broker, realestate agent, government offical, democrate, republican, mortgage company, mortgage service company and anyone else in the finacial investment market, blamin it all on the indivduals that simply wanted a roof over their heads TOO!!!! But because of their basic need of shelter they where taken advantage of by these greedy self-servin people we are suppose to be able to trust with our future!!!
TexasGirl
PS.... NO - i have not lost my house YET!!! But i am sure they will do their very best in the effort of their current endeavors, since they have a "take no prisoners" policy in effect .....
Bryan P. Pogodzinski
Dude, Right on agian! These idiots need to be impeached! Keep spreading the word and maybe, just maybe we will wake up and kick these people (I use that term very loosely) in the @$$. P.S. Why don't I ever see Busch Light being serve on Happy Hour?? That's all we can aford here in Michigan and it's now being TAXED! I can't even get a cheap drunk on anymore. I guess it's back to the koolaide thing, just like in the Desert. Keep up the great work
A Capitalist
How do you tell the difference between a bureaucrat and an investment banker? 1) The investment banker doesn't run for re-election. 2) Bureaucrats are better liars. How do you tell the difference between someone who survives on Medicaid and someone who survives on TARP? The TARP crowd gets more stimulus from BFF (Best Friend Forever) Barney Frank, the home stimulus package.
Bill M
Right On Cody. I'm on your side, lets start a Cody Willard for US Senate! Why is the congress that has 17% approval rating making any decisions. Go on a paid leave of absense for the next 6 years, everything will be okay people.
Umpire
Many of the people accepting sub-prime and teaser loans paid less monies for housing over the last 2 to 3 years than they would have if they had rented. I've seen some of these foreclosed properties and the loses to the financial system are way underestimated. The costs of refurbishing/repairing/selling hasn't entered the equation yet. These costs will be additional out of pocket expenses that devalue the mortgage paper further.
Robert
How do you tell the difference between a bureaucrat and an investment banker? 1) The bureaucrat is giving away my money. The investment banker is taking my money. 2) The bureaucrat is asking "How much do you want?". The investment banker is asking "How much can I have?". How do you tell the difference between someone who survives on Medicaid and someone who survives on TARP? Medicaid person wants help to survive. TARP person wants us to pay for their screw ups. (Kind of weak, but the idea is there.)
Blarg D Impaler
"How do you tell the difference between a bureaucrat and an investment banker?" 1) By what side of the room they sit in during senate commitee hearings. 2) How many rows of teeth show when they smile. 3) Whether the bodyguards have short haircuts and bad suits, or good suits and bad haircuts. "How do you tell the difference between someone who survives on Medicaid and someone who survives on TARP?" The person surviving on Medicaid doesn't show up in a limo and the person survivng on TARP has a better looking "nurse."
David Bloomburg
Can't you take the exact same commentary and apply it to the bailout of the U.S. Auto makers....by Pelosi? It's simply payback time for the initial money used in the campaign... I liken the Automakers to the movie "Weekend at Bernies". Only GMAC will be playing the part of Bernie.. Congress will be the guys propping Bernie up as though he was alive with bailout money. And we'll be playing the part of the party goers who don't really realize that Bernie is dead (so congress thinks...)
33rd Degree E
Not good at punch lines...but next time he's on Happy Hour, maybe you could ask Mortimer Zuckerman, Chairman, U.S. News and World Report and Trilateral Commission member some questions regarding his ties with this historical organization comprised of mostly influential members with political and/or financial clout. In hindsight, last week's Happy Hour interview seemed to be somewhat of a puff piece. I agree with the ideas you set forth, I would just like to see someone take it to the next level when given the opportunity.
Blake
All of these SOBs in Congress need a reality check: The receiving end of a swift kick in the butt. What are we doing here? We are falling apart and no one is minding the store. ATTENTION AMERICA: We are getting screwed by our federal government. Unless we take measures soon to remove these idiots, we better figure out a way to live very austere lives.
Charlie Bravo
Cody misses an important point. The Bush administration repeatedly tried to reign in FNM and FRE as early as 2003. But Barney Frank, Chris Dodd and other democrats repeatedly dismissed the allogations that the two were out of control and instead attacted and impuned the regulators. That speaks volumes about their motivations. Now Barney is surprized? I guess we know what the B.S. stands for in CBS.
Andy
“How do you tell the difference between a bureaucrat and an investment banker?” Honestly, you can't tell the difference because they both spew the same BS and steal from the taxpayers. “How do you tell the difference between someone who survives on Medicaid and someone who survives on TARP?” One has to eat cat food and imagine it is steak the other feeds their cat steak (guess who is who).
nor
When is someone going to get positive? All anyone wants to do is make sure that our country is driven down as far as possible. What ever happened to the enthusiasim we had during WWII with songs and speaches of hope for our country. If the media and the incompetents in charge of all this continue to try to convince the American public that we are going to fail......guess what?????.....we will. Someone please come forward and encourage us to hang in there and do what we can as individuals to help our country out of the perseaved mess.
Trader55
The only thing that will bring this corruption to an end is a tax revolt. Stop sending them money. A radical idea, but fixing the system from within isn't really working out.
JAF
Uh, what money has PALIN ever taken as Governor of Alaska from the mortgage companies?!! If anything she destroyed her fellow corrupt Republican politicos in Alaska and she lives in a middle class house outside of Juneau. It is just wrong to include her as part of the illuminati like the other scoundrels..
M
BAD CODY !!! BAD CODY !!! Watching CBS ??????? Surely the tuner on your TV must get other channels. Vince selling SHAM WOW , makes for better television. ( By the way.., why is it that Vince keeps saying " we can't do this all day " ? ). But back to business. What I observe, is that once a Democrat gets elected, he/she doesn't want to hear from you again..,UNLESS you agree with their position.NOBODY wanted to bail out Wall Street.., but who was in charge of Congress and went ahead and did as THEY pleased ? People oppose bailing out Detroit.., and what party controls congress that is going to go ahead and get it done DESPITE what YOU want. ( Don't ask me why BUSH is getting involved. Maybe Joe Lieberman talked him into becoming a lame duck Independent ). My point is, the REAL problem , is that those elected don't fell ANY obligation to "represent". Once elected, the position is theirs to do with as they please. THAT'S what's wrong.
mwig
something needs to happen, way too much cronyism going on, Paulson always seems to me that he feels like he is above questioning, just take his word and don't ask questions. Frank has been and always will be a complete loser, I see him and think "moron". But as long as we have thousands of people with an entitlement attitude, he and other liberals will continue to get re-elected.
Eric W
The United States has the dumbest voters in the world. Schumer and Frank are returned to office time and again by the folks in New York and Massachusetts respectively. Both men are crooks and should be in jail yet the people blindly pull the voting machine levers for these two dopes. It is truly amazing!
The J
I agree with JAF that Palin wasnt given the oppotunity to get banking money. I doubt she would refuse it and the point was that this isnt a this ideology vs that ideology issue, it crosses the borders of political parties. You cant only condemn one party. Difference between surviving on Medicaid and TARP - Medicaid patients dont take their limo or private jet to the Medicaid office to pick up their check then give a large percentage back to the beurocrat that just handed him the check. Although I did once watch the ODB take his limo to the welfare office while drinking crystal to pick up foodstamps.
CAG
I agree with JAF with regards to Palin. I don't see how you can include her here unless you lump in the contributions to the Presidential campaign. But I think that should be put on McCain. As far as the rest of this goes, I agree completely! The bottom line is that until we are able to break the lock hold these two parties have on Washington we are screwed.
Ra King
Mr. Willard I wish to side step your article somewhat. Instead of people worrying about a persons IRS records prior to being elected to office, I suggest it should be known who belongs to the secret societies and some not so secret, that are for a one world government, and a one world bank. I think these members would pop up in the arenas you are highlighting here.
Aglo MA
Nor and people who want positive message. We need positive messages. I am looking for it in the news every day but can't find it. How long is this going to last? Well, I am about to loose my house after my husband lost his job. AND I am not just going to sit and wait for it. I am sending letters to ALL in congress, to all in senate. IF ALL AMERICANS WOULD DEMAND ACTION - IF ALL AMERICANS WOULD SHOW THAT ENOUGH IS ENOUGH - please belive me, even old politicians will need to do something. As long we all say 'I can't change the system' then the system will stay the same. Wake up people! Call the senators, call the congressman/women and ASK / DEMAND action for the American people. WE ARE BEEING TAXED FOR GERERATION into the future so CITI can recieve our tax money so they can stay in business to take our houses and fill America w. homelessnes! How screwd up is that??
hks
Cody, Thanks for your observations. I watch your show and read your blog to 'hear' a voice of sanity. I fear we are on a path that will be difficult to change in the short term. If you have ideas on how to effectively stop this train - please share. We know there will be consequences from the governments actions and likely not positive. It is not too early to start discussing a long term strategy with short term actions we the people can execute to get our country back. I propose there is still power in the vote and would really like to see a block of like minded citizens willing to serve run for office. How about it Cody - help sponsor the first conference of a new party...and let's elect people for the people by the people.
nor
Anglo MA I will join you in a letter writting campaign. Have already started but to no avail yet. Will continue. Best of luck with your house and a job for your husband. Come on America. We can turn this thing around if we will just get involved.