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

To: TobagoJack who wrote (82329)	12/27/2011 9:54:12 PM
From: Snowshoe	Respond to of 217974

Occupy xxxxxxxx is SO over! Team USA has reverted back to the silly stuff, i.e. shopping mall riots over basketball shoes... Air Jordan shoes cause riots around nation www.mydesert.com/article/20111223/NEWS11/111223021/Air-Jordan-shoes-cause-riots-around-nation

To: TobagoJack who wrote (82329)	6/8/2012 6:02:54 PM
From: Snowshoe	Read Replies (2) \| Respond to of 217974

>>Burn the debt<< This is clever, and might work... Investors tout controversial "condemnation" for housing fix finance.yahoo.com NEW YORK (Reuters) - Here's a controversial but intriguing approach to the U.S. housing crisis: keep cash-strapped residents in their homes by condemning their mortgages. A mortgage firm backed by a number of prominent West Coast financiers is pushing local politicians in California and a handful of other states hardest hit by the housing crisis to use eminent domain to restructure mortgages that borrowers owe more money on than their homes are actually worth. San Francisco-based Mortgage Resolution Partners, in a presentation reviewed by Reuters, says condemning so-called underwater mortgages and taking them out of the hands of private lenders and bondholders is "the only practical way to modify mortgages on a large enough scale to solve the housing crisis."

To: TobagoJack who wrote (82329)	3/3/2015 10:00:03 PM
From: Snowshoe	1 Recommendation Recommended By RJA_ Read Replies (3) \| Respond to of 217974

>>Burn the debt, I say.<< Someone is teeing up for a haircut... Eurozone faces first regional bankruptcy as debt debacle stalks Austria's Carinthia telegraph.co.uk By Ambrose Evans-Pritchard 6:37PM GMT 03 Mar 2015 The Alpine region of Carinthia faces probable bankruptcy after Austria’s central government refused to vouch for debts left by a disastrous banking expansion in eastern Europe and the Balkans. It would be the first sub-sovereign default in Europe since the Lehman Brothers crisis, comparable in some respects to the bankruptcy of California's Orange County in 1994 or the city of Detroit in 2013. Austria’s finance minister, Jörg Schelling, said Vienna would not cover €10.2bn (£7.4bn) in bond guarantees issued by the Carinthian authorities for the failed lender Hypo Alpe Adria, or for the "Heta" resolution fund that succeeded it. This leaves the 550,000-strong province on the Slovene border to fend for itself as losses spin out of control.