gordontravels

Short Ideas: Lloyds and U.S. Bank Stocks

Available home inventories are killing the building industry. I'd like to see the government do two things:

1. Create a National Bank to take all the bad debt. Scary? At least the total would be apparent and over time could be dealt with instead of our piece meal approach.

2. Don't give willy nilly Stimulus to states so they can spend it on infrastructure. That is estimated to be approximately 90 plus Billion. Instead give them 48 Billion divided into the budget deficits they are running. Force them to pay off the deficit and have a clean slate and... no more money. States would have to live within their means. Are you listening California?


On Jan 22 07:53 AM Ishortyou wrote:

> if you want your economic miracle get rid off the 18 months oversupply
> in housing inventories and the 600K+ new house starts and voula there
> you have your miracle.