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: RockyBalboa who wrote (268470)	8/11/2010 10:48:44 PM
From: Broken_Clock	Read Replies (2) of 306849

Very interesting although I think she is strumming the naive chord a bit loudly: --- The Treasury duly denied the rumor, in a single line from Andrew Williams, a Treasury spokesperson, "The administration is not considering a change in policy in this area." Reuters ran the denial but it was like putting out fire with gasoline. A few hours later, like an electron accelerator, Pethokoukis re-upped his malarkey with a part 2. "The Treasury Department has officially denied it is planning the mother of all mortgage bailouts. And I have no reason to doubt Team Geithner. But of course that assumes that the whole idea was not being cooked up by the White House political team (Rahm and Ax) and not the good folks at Treasury." (Please read that carefully. Is that extra "not" a Freudian slip? The whole idea was cooked up NEITHER by the White house pols NOR by Team Geithner. Was it being dreamed up by venomous bloggers perhaps?) --- IOW, the last couple of decades has proven to me that DC/Wall St. will do anything to screw us. GS took down Greece in the middle of a huge "investigation" and got away with it. Nothing would surprise me.

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