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


To: neolib who wrote (149179)9/22/2008 8:54:07 PM
From: Broken_ClockRespond to of 306849
 
is a public hanging too much for Xmas?



To: neolib who wrote (149179)9/22/2008 8:55:46 PM
From: PoetRespond to of 306849
 
That is an excellent question....
...but don't hold your breath for an answer. <ng>



To: neolib who wrote (149179)9/22/2008 8:57:12 PM
From: DebtBombRead Replies (1) | Respond to of 306849
 
All of the crooks who stole the money should give it back....that would pay for everything....simple. Will it happen? Keep dreaming.



To: neolib who wrote (149179)9/22/2008 9:07:50 PM
From: bentwayRead Replies (1) | Respond to of 306849
 
"Kunstler IMO gets one point correct, namely that if the bailout is stopped, the trainwreck configuration resumes."

I want the train wreck. We've been delaying the train wreck. The longer we put off the train wreck, the worse it will be.

I've been preparing for the train wreck. I see tremendous opportunity in the train wreck.

Let's just have the train wreck, and start rebuilding.



To: neolib who wrote (149179)9/22/2008 9:08:00 PM
From: SGJRead Replies (1) | Respond to of 306849
 
I,for one, want to finally witness that invisible hand whomp those up side the head who deserve it.



To: neolib who wrote (149179)9/22/2008 9:08:38 PM
From: NOWRead Replies (1) | Respond to of 306849
 
you may want to read a few posts on this thread: several excellent ideas on what to do have been proposed.



To: neolib who wrote (149179)9/22/2008 9:22:57 PM
From: MoominoidRead Replies (3) | Respond to of 306849
 
Now I think I understand the "bailout" better, it's not such a bad idea. The idea is to get the market for these assets going again by conducting reverse bid auctions. If buyers know that they could sell to the Treasury vehicle at some price maybe the government won't even need to deploy all the capital.

businessspectator.com.au

There are other things that could be done like Krugman's proposal not clear to me now which is better.

Australian market is holding up pretty well this morning. Japan seems to be closed?



To: neolib who wrote (149179)9/22/2008 9:39:44 PM
From: Joe S PackRead Replies (2) | Respond to of 306849
 
If those institutions go under the pain will be short and sweet and have long-lasting cleansing effect on the US Monitory system. We should also eliminate the root cause of this inflate-at-will-for-ever fiat currency system and the Fed. This will also make these spineless Clowngress more accountable as they cannot keep borrowing and spending like a multi-generational drug addicted drunkard.

For those like you encouraging opposition to the bailout, what do you think should be done instead? Kunstler IMO gets one point correct, namely that if the bailout is stopped, the trainwreck configuration resumes. It is fine to sit and claim "I don't want to pay for others mistakes..." but none of us are financial islands. So, what do you want?



To: neolib who wrote (149179)9/22/2008 10:24:51 PM
From: patron_anejo_por_favorRead Replies (2) | Respond to of 306849
 
Play it where it lies. If they wanna bail out MM funds, I'm down with that. But that's where it stops. FNM/FRE, AIG, BSC, enough is enough. What makes you think this will "work" anyway? Do you know what it costs? Does anyone?

Time for the roosters to come home. We're big boys and girls. Get it behind us (for real this time) and for good. The bill is about 10 years overdue. The markets must clear!



To: neolib who wrote (149179)9/22/2008 10:39:53 PM
From: MulhollandDriveRespond to of 306849
 
please click on denninger's videos, the first describing the problem, the second describing a solution and tell me where you disagree, then we'll talk:

fedupusa.org