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

To: Metacomet who wrote (96402)	12/6/2007 11:45:25 AM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 306849

>>You are right that what we are seeing is much more akin to fascist behaviour than any other form of economic system.<< National socialism is still socialism.... Where's Albert Speer when ya need him?

To: Metacomet who wrote (96402)	12/6/2007 12:40:40 PM
From: bentway	Respond to of 306849

What we have now is the fascist wet dream come to fruition. Our government was forced to accept some socialist elements during the '30's to co-opt the strong left of the era. But since WW II, while looking for the dreaded commies, the fascists have crept into power. Or, as Mussolini preferred to call them, the "Corporatists". Look at us right now. Our President is a former CEO, only he was really just a front man then, as he is now. The VP was a CEO, who seemingly kept working for his corporation even while in office, and held a big "blind" financial stake in it. The Sec. Treas's and the Sec. Def's were corporate chieftains. Corporate America pays for and RUNS the government. Citizens are human batteries like in the Matrix.

To: Metacomet who wrote (96402)	12/6/2007 1:40:10 PM
From: Mike Johnston	Read Replies (1) \| Respond to of 306849

It is socialism for the rich, manifested by Greenprint/Bernanke put, moral hazard, corruption, massive inflation and sharply negative interest rates. In an environment like this, middle class, savers and retirees get slaughtered while the rich prosper. The real estate bubble was caused by government intervention and distortion of the economy: government sponsored enterprises allowing reckless loans to be made, government purchasing of long term bonds, government printing money, bogus government inflation statistics, bogus interest rates that still have no relationship to real inflation and real supply/demand for money.

To: Metacomet who wrote (96402)	12/7/2007 1:41:22 AM
From: John Vosilla	Respond to of 306849

Perceptions that the 'ownership society' pushed by our leaders might be looked at as socialism to J6P in order to help the little guy get ahead. Hey get into a bigger house you could never really afford at market interest rates with a little help by the government. Now from the perspective of the suits in DC, on Wall Street and in the entire real estate & finance industries it sure seemed to border on facism and a huge transfer of wealth. However this appears to quickly be turning to bust for all except the few Mark Cuban types who were smart to cash out like the tech disaster of six years ago.. The motivation of Bush and Paulson and even the Dems to act now is strictly protect their major political backers in what could be a total wipeout for the entire industry within 12-18 months if the current pace continues..