The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Skeeter Bug who wrote (196780)	4/18/2009 9:03:30 AM
From: ChanceIs	Read Replies (2) of 306849

>>Whether it is right or not, the decision has been made to salvage the banking system.<< Any number of banking analysts hold that there are a great number of very solvent banks. In their minds, it isn't so much a matter of the banking system collapsing. It is more the notion that that part of the banking system located exclusively on Wall Street needs to go. I find Obama very guilty of choosing to support Wall Street banks over the healthy ones. Jim Rogers supports the notion that 'we are taking money from the good banks/citizens and giving it to those who screwed up, so that they can go compete with the good banks.'

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