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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: TH who wrote (95840)7/27/2008 11:50:16 AM
From: carranza2  Read Replies (2) of 110194
 
nonsense that somehow the Federal government will "share" in any gains on loans they back/arrange when the home is sold for a profit.

I wonder if any agency or legislative committee or anyone for that matter has done anything to calculate the costs of the bureaucracy necessary to keep track and, more complex, enforce this scheme?

Anyone thought about how utterly simple it will be to sidestep it?

A good example of how perception and theory trump reality in DC.
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