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: The Reaper who wrote (213755)	8/2/2009 5:24:12 PM
From: X Y Zebra	Read Replies (1) of 306849

I understand your point G but if the system cracks, i.e. bankruptcy, they are going to be a whole lot worse off than taking a shave now. It is unfortunate that 75% of the union do not see the big picture. MORE horse manure.... how can anyone be worse off than.... 1.- no manufacturing to speak of (as most of it has left the country) 2.- even the 'service industry'... (or FIRE = Finance, Insurance & Real Estate) is.. er... BURNT -lol 3.- zombie banks -look we are solvent, daddy gov. gave us money... but we cannot lend it out because if we do (and use real accounting) we are..... insolvent ! [some BRILLIANT economist with nobel prize hopes must be patting his own back saying... good job !] 4.- 10% unemployment (more like 16%) and with NO HOPE of getting those jobs back (see # 1, # 2, & # 3, if not believable) 5.- we keep printing $$ and uber-spending same, and the only growth segment of the economy is the government... hmmmm i wonder what good old fashioned laissez faire capitalism with a healthy dose of EARLY BANKRUPTCIES would have produced... maybe OPPORTUNITY and yes... a FEW would have benefited... but the green envy of the communists cannot let that happen can they? ya sura sven, ve are betta off.... (NOT) we are becoming a new kind of country... the third kind with a fascist legislative and court system.... THE WORST OF BOTH WORLDS

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