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

To: Smiling Bob who wrote (109156)3/11/2008 7:40:50 PM
From: Think4YourselfRead Replies (1) | Respond to of 306849
 
It seems there is a choice here.

1. They can unlock the credit markets and let the markets find a value for the securities. Some will be good. Some will be trash.

2. They can leave the credit markets locked, no business gets done, and the economy grinds to a halt.

There is a very high price to be paid once things get going again and the problems are pinpointed. Who pays that price is a different issue.

I for one don't want us to act like Japan did. Get the system going, find the problems, and resolve them. Hopefully the taxpayers aren't stuck with the bill.



To: Smiling Bob who wrote (109156)3/11/2008 7:40:52 PM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
I think this is all a wonderful argument to call for abolition of the Fed. Ron Paul has it right.


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