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: Broken_Clock who wrote (260263)	7/13/2010 10:45:11 AM
From: RetiredNow	Read Replies (1) of 306849

It's the way our system works. Any bill starts out with grand ambitions and is gutted by the opposing party. Financial regulation will be the latest to succumb to politics. It will get passed and signed with much fanfare, even after anything worthwhile about it would have been negotiated away and cut out of the final package long ago. The Dems are idealists with no balls or corrupt politicians who've been purchased and the GOP are corporatists with plenty of cojones who bleed Wall Street green and Big Oil black. There's not hope for any legislation that gets passed to be able to do any good. I have already come to the conclusion that the best scenario for this country is a split, hung, lame duck Congress, with an empathetic Democratic President. The worst case scenario is when both Congress and the Executive branch are controlled by one party, as we saw with Bush Jr and now with Obama. It ends in tears.

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