Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Don Earl who wrote (14964)	11/25/2008 1:06:29 PM
From: NOW	Respond to of 71484

the notion that there is no such thing as a free lunch seems almost un-american

To: Don Earl who wrote (14964)	11/26/2008 1:48:50 AM
From: Gary Mohilner	3 Recommendations Read Replies (1) \| Respond to of 71484

I'm not suggesting they do that, I'm suggesting they change the terms on money they've already lent to lower interest loans that pay interest only. They would take no money out of pocket to do it, but they'd see less money each month, however in compensation, they'd have almost no one going to foreclosure. All the people who currently are making their normal payments, whether they're struggling or not, would suddenly find they have extra funds, substantially greater funds available to them, they'd also know what the payments would adjust to in 5 years, they could prepare for it. I won't deny that a small percentage could have trouble then, but it would be a tiny percent of what it is now. I do believe in time much of the equity lost in the fall of financial stocks like Citibank will return, I also believe that much of the fall of these stocks came about because of Hedge Fund activities. I don't know what regulations may be put in place in the future, but anything done from now on is like closing the barn doors after all the animals escaped. Gary