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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (69943)	7/14/2008 8:04:23 AM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

'hairy legs of GE' Message 16024396 (2001) fannie Message 19444705 (2003) "the problem with real estate frenzy is that, unlike equity and bond games, at the frenzy’s end, the new buyer, the old seller, and the financier all get hurt. The new buyer’s down payment and equity is typically wiped out. The old seller most likely traded up to a bigger house with a larger mortgage, and have his equity head handed to him on a platter, and the financier of the transactions, the Fannies and Freddies of this world, have their extraordinarily large book of business splattered by the ceiling fan, and brown mist permeate the dance floor." fannie again Message 17699371 (2002) "… I am counting on GE, AIG, JPM, Fannie and Freddie, and even uncle Sam to make their appearance in the Script of Collapse. I am figuring on Iraq, North Korea, Columbia, Peru, Venezuela, Philippines, India, Pakistan, the entire Middle East, plus Indonesia to do what is called for in the Axis of Evil WAT and Matrix of Malevolence Play. ... and I am afraid of what the wealth disenfranchised US electorates would do when they, in the majority, start ranting, 'I am not going to take this any more' and then discover they have to. Selva, think back on the Asian Financial Crisis, and know that when the system is weak, the sickness comes to fore." Message 17705479 (2002) <<The most outrageous is always saved for the last moment of the script I am holding out for Freddie, Fannie, Sam, GE, and AIG.>>