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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: MulhollandDrive who wrote (180478)1/29/2009 12:43:25 PM
From: ChanceIsRead Replies (1) of 306849
 
>>>if you are in the top 1%, you can expect to pay almost $240,000 dollars of the stimulus.<<<

But comrade. This is so just. Without the robust economy, your $240K of assets will become worthless. Besides. You really didn't earn it. It was the workers.

I recall during the auto bailout debate last December that the unions were citing how much they had contributed to the economy. Nobody in the hearings asked....'Didn't you get paid for that at the time?'

All the Detroit bailouts will be spent by April on maintaining the status quo, and then Chrysler and GM will fold. Ford announced wonderful numbers this AM. It seems I have read five article this week indicating that Honda, Toyota, Nissan, etc were slowing production all over the globe. A big chunk was in Canada which had heretofore been slightly immune.

Mega deflation followed by hyperinflation.
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