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: neolib who wrote (229570)	11/20/2009 12:07:21 AM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 306849

If I can make 4x the money by lending you 1x what do you think will happen. Thats what happened yes, and the companies imploded and the government stepped in to save the idiots who made the asinine leveraged plays. Thus guaranteeing that they will find another way to pull some idiot stunt. We rewarded the fools that leveraged their way into financial disaster. And it isn't just the financial industry. It's all the individuals who knew they couldn't afford what they were buying. the government stepped in and rewarded bad behavior. The free market would have eaten them alive. Did you know that not every bank got into the leveraged investments? Some were smart enough to stay away. Without the government intervention they could have stepped in and provided sound competition to the idiots who used government influence to and bailouts to survive.