SI
SI
discoversearch

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: bentway who wrote (234607)12/28/2009 11:37:56 PM
From: Bank Holding CompanyRead Replies (2) | Respond to of 306849
 
Quite frankly I don't give a flying %$#%^ about Freddie or Fannie. They started out as corrupt private co's and totally tossed their salad. I would resist in every way bailing these turds out again. I don't care what wiz bang fed official is overseeing them these days.



To: bentway who wrote (234607)12/28/2009 11:55:41 PM
From: Bank Holding CompanyRespond to of 306849
 
China on Tuesday executed a British man convicted of drug smuggling in its first execution of a European citizen in half a century, drawing a strong condemnation from Britain's prime minister.
news.yahoo.com



To: bentway who wrote (234607)12/29/2009 12:44:23 AM
From: Broken_ClockRead Replies (1) | Respond to of 306849
 
you're dreaming. a dead body with a 620 fico can get an fha to buy your house tomorrow



To: bentway who wrote (234607)12/29/2009 2:59:58 AM
From: Skeeter BugRespond to of 306849
 
>>Which makes it damn hard to sell a house without GIVING the damn thing away. Especially in this Great Recession.<<

it is easy to sell, it is more difficult to get a good price.

this is why bubbles aren't a good thing to inflate.

yes, much of the damage occurred under bush's watch. however, the foundation was laid under clinton's administration when he gutted glass-steagall and passed a law that made the derivatives not only legal, but illegal for the states to regulate.

the bankers drove the whole thing through their direct control of the fed and clinton, bush and obama accepted cash to let them run rough shod on the american public.

then we have the issue of debt (banker welfare at the expense of society) as the bedrock of our monetary policy.