po_folks's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/161642/comments http://seekingalpha.com/article/71291-ten-comments-on-housing?source=feed#comment-146405 146405 Mon, 07 Apr 2008 11:31:43 -0400 http://seekingalpha.com/article/71380-housing-market-tracker-homebuilders-criticized-for-benefitting-from-foreclosure-bill?source=feed#comment-146403 146403 Mon, 07 Apr 2008 11:28:59 -0400 http://seekingalpha.com/article/70799-chinese-credit-crunch-could-end-commodities-run?source=feed#comment-135225 135225 Wed, 02 Apr 2008 11:01:09 -0400 http://seekingalpha.com/article/70654-bill-gross-if-housing-prices-decline-further-so-does-the-economy?source=feed#comment-134635 134635
Nor do I see any direct connection between diminished money market yields and bailout of the home loan industry. However, I do accept that in the end, in an interconnected economy, we all take a haircut (indirectly) when speculative bubbles pop. Which is why there needs to be re-regulation and sanctions for those who fueled it and profited.

Self interest is OK, incentives are OK, but blatant greed is antisocial and like insurance fraud, is not a "victimless crime". ]]> Tue, 01 Apr 2008 13:46:26 -0400
Nor do I see any direct connection between diminished money market yields and bailout of the home loan industry. However, I do accept that in the end, in an interconnected economy, we all take a haircut (indirectly) when speculative bubbles pop. Which is why there needs to be re-regulation and sanctions for those who fueled it and profited.

Self interest is OK, incentives are OK, but blatant greed is antisocial and like insurance fraud, is not a "victimless crime". ]]> http://seekingalpha.com/article/67197-foreclosure-proof-homeowners?source=feed#comment-123769 123769
The delinquents mentioned here (both sides; lender/borrower) who seem incapable of such behavior should be considered antisocial enemies. Nevertheless, our courts should also be able to discern whether there are special circumstances that warrant leniency.

I am dismayed at the apparent inability of our justice system to unravel this mess and clear the way for the reckoning that must happen. The article also makes me less optimistic that we will avoid the "Japanese Disease" that has been their ruin for over a decade.

Please everyone, run, do not walk, away from a politician who promises "fairness, restitution, assistance, protection..." from this crisis.

People screwed up and overleveraged the system from top to bottom. Time to clear away the rubble and fix what's left standing.
]]> Fri, 07 Mar 2008 18:08:41 -0500
The delinquents mentioned here (both sides; lender/borrower) who seem incapable of such behavior should be considered antisocial enemies. Nevertheless, our courts should also be able to discern whether there are special circumstances that warrant leniency.

I am dismayed at the apparent inability of our justice system to unravel this mess and clear the way for the reckoning that must happen. The article also makes me less optimistic that we will avoid the "Japanese Disease" that has been their ruin for over a decade.

Please everyone, run, do not walk, away from a politician who promises "fairness, restitution, assistance, protection..." from this crisis.

People screwed up and overleveraged the system from top to bottom. Time to clear away the rubble and fix what's left standing.
]]>