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  • Bailout Should Be A Windfall For Taxpayers - Barron's [View article]
    "Stabilization should restart the mortgage and housing markets, allowing the government to sell securities later on at a profit.

    How are we going to restart the housing market with tighter lending standards? With proper lending standards, the pool of potential buyers is much smaller than it was 2 years ago - how many buyers can put down 10-20% of the purchase price on a home? With significantly fewer qualified buyers, lots of unsold homes, and continued economic challenges, this would seem to point to a continued decline in home prices and more defaulted loans. I've got a novel idea, lets jumpstart the housing market by letting banks give out home loans to anybody! No money down!
    Sep 28 08:59 am |Rating: 0 0 |Link to Comment
  • Jim Cramer's Unnecessary Beating Over Sirius [View article]
    I can't imagine why anybody would take a stock tip from Cramer or anybody else. Investors need to do their own research and make their own decisions based on businesses they fully understand. Looking to entertainers and journalists for recommendations or validation of your holdings is a dangerous road to travel. As Jesse Livermore would have said, "play a lone hand".
    Aug 23 07:31 am |Rating: 0 0 |Link to Comment
  • Rackspace: Unconventional IPO With Potential  [View article]
    walkwithalimp - are you saying that RAX owns not only their office space (a former mall) but that RAX is also purchasing surrounding real estate (residential, condo, shopping, business centers etc.)?? I wasn't sure what you meant by it being self contained.
    Aug 12 22:35 pm |Rating: 0 0 |Link to Comment
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