Tom Lindmark thinks the Obama administration's "own-to-rent" idea is nuts. Who's going to manage all of these properties? he wonders. And how can we turn real-estate investors into landlords by force? And where's the help for the real renters - the ones who had the sense not to buy something they couldn't afford?
The plan didn't really make any sense to me. I'll withhold judgment for a bit, but I'd like to see some evidence that it's semi-credible. What I read earlier today didn't sound all that coherent. (Sorta like the stimulus package).
This man in the Whilte House is going to go down in history as the President that sold out America.
Trillions to the Banks Unlimited Power to the Fed Manipulation of the Markets Bankruptcy laws broken Strong arming Financials to do deals. Buying Car Companies and Screwing Bondholders
"YES WE CAN"... Holy Moses...I can't even believe it!
rick flair: why do you goofs keep trying to talk the market down? can't you look at a simpleton chart?
39 minutes ago
Low Sweat Investing: Deja vu '82? Unemployment hit 10.8% peak in Nov '82. SPY up 20% in 1 year. My article: This Market to Workers: Welcome to the Jungle, Sep 21
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Trillions to the Banks
Unlimited Power to the Fed
Manipulation of the Markets
Bankruptcy laws broken
Strong arming Financials to do deals.
Buying Car Companies and Screwing Bondholders
"YES WE CAN"... Holy Moses...I can't even believe it!
Sounds like Nixon's "I AM NOT A CROOK"
Not to worry. That's what czars are for.