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

To: Secret_Agent_Man who wrote (225140)	10/16/2009 3:57:13 PM
From: James Hutton	Read Replies (1) \| Respond to of 306849

Yeah, but Congress and the Executive (led by Treasury's Goldie alumni) have negotiated a plan to reduce the deficit in the next FY: everyone will be given $10,000, but it will be taxed at 117%. Leaders and lobbyists are hailing it as a win-win for the taxpayer and those who have already received handouts with no prospects for paying them back.

To: Secret_Agent_Man who wrote (225140)	10/16/2009 3:58:12 PM
From: John Chen	Respond to of 306849

" while the government was spending massive amounts to stabilize the financial system and jump-start the economy." Are we ever going to get back on the right mission : RECOVER THE LOOTS and PROSECUTE THE LOOTERS. Ooops, sorry, can't be done, at the wrong time of history of USA. AWESOME.

To: Secret_Agent_Man who wrote (225140)	10/16/2009 4:26:30 PM
From: Peter V	Respond to of 306849

"But economists worry investors will grow fearful of the nation's ability to repay all the debt unless the administration and Congress begin developing credible plans to deal with the deficit problem once the recession has ended and unemployment has begun to come down." You'd think they would have grown fearful of that already. But this thread is a testament to those of us who predict disaster way too far in advance. Those who know the risks, and can ride the wave and eject before it closes out are more richly rewarded than those of us who stay away because the fundamentals suck. Witness the recent rally.