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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Vosilla who wrote (91177)10/3/2007 7:02:19 AM
From: Dan3Read Replies (2) of 306849
 
Re: Why even bother because what we need is more revenue streams for the 'capitalists' and more stuff for J6P<g>

J6P isn't the problem. It's the huge transfers of wealth that been made to Paris Hilton And Crooked Corporate Officers(PHACCO's?).

The last 8 years of Republican rule have had society's wealth siphoned off by a bunch of non-productive parasites who use it to fund Yacht building competitions.

Mozillo's embezzlement of $118 million from a company for which he had a fiduciary responsibility has been repeated thousands of times over to the point that it's having dire consequences to the overall economy. Mozillo's treated as a hero while a kid from the ghetto who steals a 3rd pack of gum gets 20 years of hell (at taxpayer expense).

It's obscene.
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