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


To: NOW who wrote (161313)10/30/2008 9:31:06 PM
From: Peter VRead Replies (1) | Respond to of 306849
 
I didn't put in Denninger's next paragraph, but it addresses your comment:

>>> And yet it is what both Presidential candidates intend to do and what our current President is doing, along with the FDIC, Federal Reserve and Treasury, instead of forcing those who imprudently purchased, along with those who imprudently lent money to absorb the defaults themselves and go through bankruptcy - which is what is supposed to happen when you do imprudent things. <<<

It's hard to know what to do when everyone in charge, short of Ron Paul, and even those up for election, plan to do the exact same thing.



To: NOW who wrote (161313)10/30/2008 10:25:44 PM
From: bentwayRespond to of 306849
 
We can just light the atmosphere and burn it off like a humongous fart.