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 (212570)	7/26/2009 5:31:11 PM
From: grusum	Read Replies (2) of 306849

you're correct. it will get uglier from here. i've been saying so for a long time. the free market never gets destroyed. it will always win in the end. but it can be crippled for a time by stupid laws that attempt to fix prices. the dumb ass politicos in washington tried hold housing prices high with bailouts, circumvention of traditional laws, tax breaks and various other interventions that haven't worked. the free market is imposing itself and punishing the stupid and fraudulent. however, congress is stepping in and making the rest of us who were responsible, pay for the ones that weren't. that's not a free market. but it doesn't matter. they will fail. it's just that they (gov) cause many innocent people a lot of pain that they shouldn't have to bear. back to health care.. insurance companies just play a shell game. they have to take money out of the system to pay employees and lobbyists and even more to make as much profit as they can. in short, they are parasites. eventually, they will kill the host. but we will all suffer much more pain until then at their hands.

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