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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (68328)	8/31/2007 3:40:55 AM
From: John Metcalf	Read Replies (2) \| Respond to of 116555

Very clever blog, Mish. You have demonstrated the power of strikeovers in a signing statement! In re: "The Decider", I was surprised to learn that "decide", "decider", and other derivations of that word do not occur in the Constitution of the United States of America. The word "advice" appears twice and the word "consent" appears ten times! "Concur" or "concurrence" appear five times. "Credit" appears three times, only one of which is in the context of financial credit. Only Ron Paul could imagine something as bizarre as that! How have the founding fathers become so out of touch with our immediate needs? The word "religion" appears in the third article of the Bill of Rights, but not in the body of the Constitution. The words "God", "Christ/Christian", "Mohamed", "Buddha", et. al. appear in neither the Constitution, nor any subsequent amendment. Who'da thunk it? Well, probably Ron Paul, but he's just an internet geek. P.S. I didn't even bother to check the Constitution for use of the words "Federal Reserve". "Money", however appears many times and is described. P.P.S. I know these comments are too weird to believe, so you should read the Constitution for yourself, before trusting me: en.wikisource.org

To: mishedlo who wrote (68328)	8/31/2007 9:24:50 AM
From: westpacific	Respond to of 116555

Mish, awesome blog and hits to the heart of the matter..... This Friday is incredible, the hype on the news boards is thicker than I have seen since 2000. West

To: mishedlo who wrote (68328)	8/31/2007 10:56:19 AM
From: Incitatus	Read Replies (3) \| Respond to of 116555

How about these for "homeowner bailouts"? 1) Force all lenders to reduce the size of their mortgages by 20%, with a corresponding reduction in mortgage payments. 2) Alternatively, force lenders to reduce payments to fixed, affordable payments, even if they are deeply neg am. That will stop the foreclosures. 3) Allow sellers to sell homes at any price up to 30% below what they paid for it or "adjusted for case/shiller," and the lenders are forced to accept the sales amount as payment in full. 4) If a foreclosed homeowner wants to purchase his home back out of foreclosure, the govt will provide a FRM, so long as the foreclosure purchase price is at least 20% below what the homeowner paid for the home.