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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated
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To: Lazarus who wrote (45363)10/14/2011 1:10:31 PM
From: John Vosilla2 Recommendations  Read Replies (1) of 119362
 
I too personally despise Goldman, the twin houses of Morgan ect.. that whole casino atmosphere changed everything for me personally eight years ago but I do not blame Bernanke for doing what he did.. We'd be in all out depression without the stimulus, bailouts of banks and the big 3, continuing the worthless wars and the Fed's extensive interactions the past three years. Is that what people REALLY wanted? I really look forward to the day when financial power is decentralized far far away from lower Manhattan and hopefully with the technology and Occupy WS youthful enthusiasm it might actually happen before I am old. People will find something to whine and cry about if in their nature. Like it is the end of the world food and energy prices are sky high, we've got structural unemployment problems and many upside down on their mortgage or that the DOW is volatile every day. My ancestors had it a heck of a lot worse in the 1930's.. Hey the great news no one talks about is we've got very low housing prices if you have some flexibility, record low interest rates, very low prices for any techo gadet imaginable that didn't exist 20 yrs ago, low airfare, WalMart and the Prius Hybrid to keep other costs low and no evil threat to world domination as much of the world wants to be capitalists these days.. Downsize, buy some solid cash flowing RE, stop watching the fast money crowd, see the world and enjoy the rest of your life I say. The clock is ticking
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