Josh that is the point. The government can’t do a bailout. Note I am making these postings not to crow that the decline will stop, or that these are good ideas. All this is doing is delaying things, is postponing inevitable problems, and most important preserving solvency of all the investors of funds that people don’t seem to want to believe are important.
In essence, our government is willing to spend whopping amounts of money to try to keep things afloat. The foreclosures don’t mean a thing. What is readily transparent to most of us here is not to pretty much everyone. That is, the reason things need to be preserved is more then likely due to the fact that there will be some pretty ugly solvency issues with many many investing entities that most of us didn’t realize invested in these vehicles we always talk about.
