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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 374.27

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Nov 21 4:00 PM EST

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To: Snowshoe who wrote (91250)	6/9/2012 12:51:55 AM
From: Maurice Winn	1 Recommendation Read Replies (1) of 218005

Crikey Snowy, if you think robbing mortgagees would be a panacea for the housing "problem" you'd really love Tradable Citizenship because it involves no robbery. < San Francisco-based Mortgage Resolution Partners, in a presentation reviewed by Reuters, says condemning so-called underwater mortgages and taking them out of the hands of private lenders and bondholders is "the only practical way to modify mortgages on a large enough scale to solve the housing crisis." > No doubt Mortgage Resolution Partners would love it if mortgagees were robbed and so that Mortgage Resolution Partners could swoop like vultures on the remains. When communities use robbery and thieving as their founding principle, they will soon be impoverished and will no longer be a community. Mao and Stalin ran such systems. So did many others. Every single one was a catastrophe. Eminent Domain is not a panacea, it's normally a calamity - it simply is reversion to toughest dumb thug taking opm rather than freely interacting competent adults trading among themselves as they see fit. Mqurice

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