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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (65210)	8/14/2010 12:59:18 AM
From: prosperous	2 Recommendations Read Replies (1) \| Respond to of 217796

GREED & fear’s long held view is that a Democratic administration will at some point morph from advocating interest relief to advocating outright principal relief in the context of a continuing weak housing market. Still, GREED & fear continues to believe that mortgage debt forgiveness only happens after American politicians become really desperate, which is not yet quite the case. The only grace that may save US from this misery if this does not happen by November and then we get a hung congress after elections so they are not able to pass any such idiotic measures. For the congress, yet there is hope that in Nov Dems lose majority and govt does less, however, I am not sure what the solution to Bernake problem is :-( to stop him from his "untethered financial experimentation"