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

To: Bank Holding Company who wrote (166005)	11/21/2008 10:15:33 AM
From: Jim McMannis	Read Replies (1) \| Respond to of 306849

Paulson did the only thing he knew how. Bailout his SOB buddies on Wall Street. When we look back this will look worse than what the banks did to Germany in the 20's and 30's where you had to show up with a wheel barrow of money to buy some food. With a different twist of course. All I can say is thanks alot aholes on wall street, Congress, Bush, Greenspan and whomever else you want to call a greedy bastard.

To: Bank Holding Company who wrote (166005)	11/21/2008 10:53:28 AM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 306849

Paulson only has the first tranche right now. I don't think congress will give him the second 350 billion because it is not having the desired effect. Dodd seems genuinely pissed. At this point I think the one option that is available that is not completely horrible in terms of budget busting is for fannie and freddie to offer fed funds rates or something very low like 2% as a refi for fannie and freddie mortgage holders. THAT will stabilize the housing market at least, as opposed to TARP which does zero.