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


To: Jim McMannis who wrote (148153)9/19/2008 3:34:15 PM
From: Sea OtterRead Replies (2) | Respond to of 306849
 
Fair enough. As for RTC-2 (aka "Vulture Mac"), I doubt anyone on the planet knows exactly how it will address those issues - among many others.

I suspect this will be a learn-as-you-go exercise. Would be fun to watch, if they weren't learning on my dime.



To: Jim McMannis who wrote (148153)9/19/2008 8:06:40 PM
From: WowzerRead Replies (1) | Respond to of 306849
 
He didn't give you a tax break he gave you tax deferment and then some. If you are gonna die soon then yeah you made out. If you got a few years left and or give a crap about your kids and grandkids then no he royally screwed you. Doesn't matter who gets elected taxes are going up it is either that or the US treasury defaults. It will be real interesting to see who will be willing to finance all this extra debt and at what rate. Why we are not storming the gates to lynch that SOB I have no idea...