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 Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: pheilman_ who wrote (224935)	10/15/2009 11:28:14 AM
From: SouthFloridaGuy	Respond to of 306849

It's a Depression, virtually anybody who has lent money, regardless of the due diligence, has lost money. Some a lot more than others. I put the FHA as one of the more responsible lenders and I think that statement is borne out when somebody overlays the delinquency, foreclosure rates on FHA guaranteed loans versus other. That said, I completely agree that Bernanke and Co. have taken moral hazard to a new level. We'll pay for it someday, I suspect in less than a decade...but, how the "event" transpires, I have no idea. Historically, fiat monetary systems have rewarded debtors, so that's my take on it.