2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 408.24

+2.3%

Dec 22 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: carranza2 who wrote (46285)	2/11/2009 5:07:17 AM
From: Haim R. Branisteanu	Read Replies (2) of 218662

I found it unfortunate that the US administration continue to pump money in distressed mortgages instead of buying of performing mortgages and establish a sort of RTC for good mortgages and rise for them public funds. Empirical information shows that AAA mortgages trade at a discount for fear of deteoration in the future. Revive the economy with infrastructure jobs and this will most likely take care of itself! No one will risk go and fund bad or marginal mortgages On the other hand so much money is wasted with no real public benefit by pumping up the banks - who need to be "pumped up" are those that are loosing their jobs. There will be substantial more benefit if all those trillions of $$$ will be allocated to modernize the electric grid which is way outdated, repair highways and bridges to improve traffic and benefit the economy and scores of other infrastructure projects which are badly needed. What this will do - it will immediately generate new jobs and income with which the so called bad mortgages will be paid, One little fact that all those geniuses in Washington are missing is the fact that each manufacturing job has a multiplier effect of 4 to 6 new jobs depending on the nature of the manufacturing job. In case of infrastructure all is domestic and therefore I assume it will generate the highest multiplier effect, and also benefit the economy long term! Only wonder who has any brains left in DC and if is any brain power why they are not using it. Obama administration is on this for over 100 days and what did they produce one BIG ZERO So much for the proverbial CHANGE - once idiots always idiots – rhetoric does not yield results action does and with Obama this is missing!!!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next