SeniorMoment

2 Comments

    • Propping Up Home Prices Will Not Solve the Crisis [view article]
      NORESPECT has it right. I like Feldstein's idea; this provides liquidity to lenders and improves their capital ratios, while relieving pressure on homeowners. Risk to taxpayers is low, especially compared to the wide open, poorly defined TARP. I can actually understand how this initiative would be implemented and most homeowners would understand it as well. The market's underwhelming reaction to TARP implies we'll be seeing more intervention to come from the government...this looks like a more transparent "investment" on their (our!) part than any other I've seen. Oct 06 08:58 AM
    • What Goes Around Comes Around in the Equity Market [view article]
      Bill,

      Buffet seems to agree with you re: market prospects, as best as I can interpret his recent thoughts. It saddens me to see such an un-level playing field in the market. This is as tough a market to anticipate as I've seen in my 35 investing years; logic and business fundamentals have been tossed aside, politics is clearly the force with which to be reckoned. How do we encourage young folks to save and invest once they realize the ability of the government to take the fruits of their labors away via inflation? How do we expect young investors to behave when we reward the taking of unwarranted risk and safeguard thoughtless behavior?

      Anyway, thanks for sharing your thoughts. They jibe with mine. I've avoided much in the way of losses since July, 07 but have left money "on the table" this year...I still think the piper needs to be, and will, be paid before 2008 is over.

      Fundamentals will ultimately prevail because the de-leveraging forces will prove impossible to ignore.

      Coquina
      May 05 02:25 AM
Contribute an Article Become a Seeking Alpha Contributor