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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (29984)4/4/2005 11:12:13 AM
From: mishedlo  Read Replies (2) | Respond to of 110194
 
there is NO WAY you're going to have the masses losing their homes without the Fed doing exactly what a democratic bleeding heart president and congress want them to do.

Is that the same "bleeding heart" congress that just passed the most one sided bankruptcy "reform" in years. The Same bleeding heart congress that allows 30% interest rates, user fees, 2-cycle billing etc on credit cards?

You have to be nuts to see this Congress as bleeding heart liberals. If and when it changes (and eventually I do think things will switch 180 degrees but by that time housing will have already crashed).

Mish