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

To: neolib who wrote (109308)	3/12/2008 1:45:40 PM
From: patron_anejo_por_favor	Respond to of 306849

>>I think the Fed should give me a low interest loan instead. Why give it to those dufuses? I'd like to make some money off of it as well. I won't pay myself $10-50M/year like those bank CEO's do either, so I must be more deserving.<< Exactly. I managed to not write off 10 billion last quarter, let me loan out money 30 to one on my assets, I deserve it more than the bankster jackasses..... Privatize profits, socialize liabilities, lather, rinse, repeat till it all falls down....

To: neolib who wrote (109308)	3/12/2008 1:57:45 PM
From: XoFruitCake	Read Replies (1) \| Respond to of 306849

"why are we embracing the government to correct a market problem" Because the market problem can bury US and the world economy in on swoosh... Just think if all the banks, brokerage firm, insurance companies in the world went into BK at the same time because of cascade failure, what would our life be? All these companies are leveraged and if significant part of their capital get locked up in the other companies' BK, no one can survive.. If you believe it is a better world, then there is no real reason to invest at this point. It would be much easier to use the money and buy food, gun, and gold... What other choice do we have?