Fed Pushes Housing into Stronger Hands [View article]
Let the prices fall!!!! That will clear the market and provide more qualified people. The price of housing is too high relative to income, and income is falling. Quit subsidizing speculators by letting prices fall. They will go BK and so will the blood sucking, Paulson cronie, wall street banks. This country neeeds smaller, closer to home S&L's that judge people on more than their fico score.
Deflation would kill the big WS guys, hurt political contributions to politicians, so it wont happen. Look for hyper inflation in spring 2010.
Finally ask yourself why the biggest left winger in the US congress,Nancy Pelosi, pushed for the bailout for wall street. Because they are all (Republicans & Democrats) paid off, on the take, corrupt.
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Let the prices fall!!!! That will clear the market and provide more qualified people. The price of housing is too high relative to income, and income is falling. Quit subsidizing speculators by letting prices fall. They will go BK and so will the blood sucking, Paulson cronie, wall street banks. This country neeeds smaller, closer to home S&L's that judge people on more than their fico score.
Jan 09 12:09 pm
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All Comments by Econ 101 »Fed Pushes Housing into Stronger Hands [View article]
Deflation would kill the big WS guys, hurt political contributions to politicians, so it wont happen. Look for hyper inflation in spring 2010.
Finally ask yourself why the biggest left winger in the US congress,Nancy Pelosi, pushed for the bailout for wall street. Because they are all (Republicans & Democrats) paid off, on the take, corrupt.