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


To: Think4Yourself who wrote (166771)11/24/2008 8:55:47 AM
From: MulhollandDriveRead Replies (2) | Respond to of 306849
 
quite the contrary....he's saying the most pragmatic thing....cut the facade of propping up failed financial institutions, let the insolvent banks get bought up by the strong, form new, well capitalized banks willing to lend according to realistic standards....that is pragmatism....instead what we're getting is this false 'idealistic' notion that we can 'save' failures and somehow magically things will get back to the way they were...you know, before reality made it's presence known and bit the banksters in the ass?

but if you are right, and i suspect you are, , then welcome to japan.....nice time for a lost decade when boomers are on the cusp of retirement