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To: loantech who wrote (37053)3/28/2007 10:48:05 AM
From: Metacomet  Respond to of 78421
 
Gruesome...

(Reposted it here....)

Subject 51347



To: loantech who wrote (37053)3/28/2007 11:49:42 AM
From: koan  Read Replies (1) | Respond to of 78421
 
Bernanke cannot allow asset deflation. Bernanke is famous for saying: "I will throw money out of helicopters before I would allow it.



To: loantech who wrote (37053)3/28/2007 11:54:07 AM
From: koan  Read Replies (2) | Respond to of 78421
 
Sununu is asking Bernanke about his idea (missed a bit, I think it was his idea)of making 20% down payments for homes the norm again (as opposed to the 5% or FHA 2.25%-or nothing down today).

You and I both know that would destroy every housing market in the US and ensure a depression.


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