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: Smiling Bob who wrote (140658)	8/12/2008 10:20:53 AM
From: 10K a day	Read Replies (1) \| Respond to of 306849

If they take Freddie and Fannie to zero....it would get some people's attention. It would cause pain....

To: Smiling Bob who wrote (140658)	8/12/2008 10:45:17 AM
From: Think4Yourself	Read Replies (3) \| Respond to of 306849

The market action recently is very disturbing. When there is foolishness like the last week an eventual crash becomes more likely. We ask how people could have been so dumb in the late 20's to cause the crash. The government lied through their teeth to the people back then, constantly telling them everything was, or would be, fine. The signs of serious problems were everywhere yet people refused to see it until they were financially ruined. Everyone on Wall Street thought they were too smart to be ruined. Most were wrong. The exact same thing is happening today.