Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: jpk1 who wrote (105067)	2/14/2008 2:07:34 PM
From: 10K a day	Respond to of 306849

Yah. Just call him Champion Boy..

To: jpk1 who wrote (105067)	2/14/2008 2:09:25 PM
From: MulhollandDrive	Respond to of 306849

lol....just heard a guy say it comes down to 'looking for yield in all the wrong places' as rates came down (and were HELD down) looks like now the bond market is taking it up the ARSe

To: jpk1 who wrote (105067)	2/14/2008 3:08:49 PM
From: Metacomet	Read Replies (1) \| Respond to of 306849

"When history tells the story of the subprime lending crisis and recounts its devastating effects on the lives of so many innocent homeowners, the Bush administration will not be judged favorably. The tale is still unfolding, but when the dust settles, it will be judged as a willing accomplice to the lenders who went to any lengths in their quest for profits. So willing, in fact, that it used the power of the federal government in an unprecedented assault on state legislatures, as well as on state attorneys general and anyone else on the side of consumers." washingtonpost.com

To: jpk1 who wrote (105067)	2/14/2008 5:28:09 PM
From: Jim McMannis	Read Replies (2) \| Respond to of 306849

RE:"GW was definitely the champion for a house for everyone." Sure he was, 3 years into the bubble. He just took credit for it. Went along with it. Made it worse. I seriously doubt he was intelligent enough to orchestrate it from the beginning. Congress and Greenspan did that. And they probably didn't know what was going to happen either. Taking sides on this is ridiculous. A whole series of greedy people screwed the pooch. We will all pay. Maybe those in Silicon Valley will pay less. Maybe they will send in all their real estate gains since 2001 after a Dem gets in the white house.