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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: shades who wrote (37585)	8/11/2005 12:26:13 PM
From: mishedlo	Read Replies (2) \| Respond to of 306849

so you want me to believe they are going to trade the next 3 decades of thier career and offices of power and hand that over to donkeys so they can get some cash payouts from thier banking overlords? Can someone get elected with help from Citycorp, the NRA, drug companies, etc etc etc. Perhaps but it is hard. also note than Congress can not stop house prices from falling. You act as if it can. Tell me how Congress is going to stop Florida condos from Fallling 50%. How? You can't tell me how because it cant be done (certainly without costing them a lot of their own money, if indeed at all). Most in Congress have quite a stash. They are not going to destroy that to bail out the little guy even IF thay could, which as I said point blank (they cant). There is however a revolution coming where we see a massive shift back to the left. It will not come because people see that the people in Congress are liars and crook, it will come because whoever is in power is going to get thrown out when houses collapse and they cant walk away from them as a result of this "reform" and they are still going to owe $30,000 on their charge cards even though they have no job or house. Mish