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


To: Jim Fleming who wrote (69275)6/11/2012 7:37:04 PM
From: LLCF1 Recommendation  Read Replies (2) | Respond to of 119362
 
Unless Bernanke finally starts buying skyscrapers... FNM and FRE did their job, owning (or paper on) what 1/2 the homes in America now? LOL

We should have a contest... other than govt paper, what will be the first asset the Fed starts buying as the economy resumes it's tankjob???

DAK



To: Jim Fleming who wrote (69275)6/15/2012 4:50:32 AM
From: selivanov4 Recommendations  Respond to of 119362
 
This country is toast. Sorry, but this neoliberal mindset is rotten to the core and nothing will change the minds of those in power. Doesn’t matter who wins in November. The country is done. The only difference is the speed of the collapse. The Republicans’ policies will lead to a quicker collapse, the Democrats a more gradual decline. Neither are willing, or able, to reverse course. I’d say people like Obama are worse however. With him, he gives speeches at times backing polices that are the direct opposite of agreements like this, he does it for show and votes. He attacks groups that will benefit from agreements like this, but works behind the scenes night and day to cement their power and wealth at the expense of everyone else. At least with the Republicans their intentions are pretty obvious. There is something far worse about someone like Obama, who knows full well how misleading, destructive and dishonest he and others in the Democratic Party are yet he pushes forward with this horrible wreck.

To hell with him and anyone on the left who calls this robbery “progressive”. Nothing progressive about this. Same old neoclassical theft. Same old class war. I wonder if the unions here will work with the “free trade” unions they worked with in decades past (nice little CIA puppets) in Latin America to push this through. Maybe they will oppose it and really get militant. They’ll send a strongly worded letter to Obama…then go door to door to get him re-elected. Like I said, toast.

nakedcapitalism.com