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

To: bentway who wrote (276856)	9/18/2010 3:06:34 PM
From: yard_man	Read Replies (1) \| Respond to of 306849

NO -- you are wrong - reducing the reach of government into the real economy would allow recovery to happen MUCH faster and give those folks an opportunity to rebuild their lives. And lets not forget who incentivised those who are underwater on mortgages to take on mortgages that were absolutely BOUND to be larger than the worth of their houses in the future. Was that the evil capitalists -- or was that "quasi-governmental" agencies that did that?? Who did that -- free enterprise -- or the government?? You KNOW the answer to it ... you lie and if you don't recognize the above -- you lie to yourself. The government decided to blow the housing bubble after the dot-com bust ...Bush and the congress had no balls to let the markets clear. You can say a lot of things -- but that wasn't free enterprise -- that's a lie.