The Residential Real Estate Crash Index 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 : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Reilly Diefenbach who wrote (188201)	3/4/2009 4:50:14 PM
From: geode00	Read Replies (1) of 306849

I don't think the markets are a reliable indicator of good policy. They were giddy and happy with the bubbles so their vote is more about having a nasty hangover. What are the alternatives? No one except the shorts who appear to be going long soon or, at least, laying off for awhile, is happy during a nasty recession. The way to clean things up is pretty darn ugly which will, in the short term, make people even unhappier. I don't think there is anywhere near enough political will to let banks fail (along with AIG) if the uproar over the stock market erasing the 'gains' of two bubbles is creating this much of a backlash. If the people supported a true fix and the fallout that comes with it then we would probably see it happen.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next