Effect of the Mega Bailout on home prices

[kewp]

It won’t stop the decline, it will (hopefully) just keep the markets from seizing up.

Look at Rich’s charts. The trend is strong and *nothing* is going to reverse that short of strong fundamentals. I.e, people that can afford a home purchasing at the bottom.

[SD Transplant]

I think all of you bring up a great points. I guess we’re so stuck into the capitalist mindset, which is what we know/understand, that we can’t seem to see outside of box.

You’re right, once the goverent/tax payers bail out any private entity – based on the capitalist mind set – it makes no point in investing in them/system any longer(it is a false capitalist system). I see this bail out the greatest mistake ever – there is no way to return to what we know today as CAPITALISM.Who would trust it? Who could trust our MARKETING of – freedom of choice/dream achievers/free markets/lots of choices – when the government overwrites all the above in case of “major troubles”. It is not a sustainable system. This is just another delayed bubble – we bailed out the DOT COM bust with a HOUSING BOOM – there wasn’t a next bubble to run into the sky.

Think about it this way:

1) CAPITALIST VIEW: The American Dream: – Own a house (30 yrs investment + lifetime of taxes)…..plenty of options- as we know the system

2) SOCIALIST VIEW: The Choices Dream: – they already have government housing (dream already achieved)..the real issues – choices/diferentiation.

3) CAPITAL-SOCIAL (Oligarchy system): still have the choices/dreams – but don’t bother the political system which controls everything – we’re there right now – it makes NO differece if you vote DEM or REP in my mind….the cards are played, just the circus continues.
– I guess CHINA is already on the this track as well as Russia, in a different format. Due to plenty of financial pressures, mostly due to surviving on a credit card/borrowed money, the USA is transitioning to this system as well – in its own way.

[SD Transplant]

I think all of you bring up a great points. I guess we’re so stuck into the capitalist mindset, which is what we know/understand, that we can’t seem to see outside of box.

You’re right, once the goverent/tax payers bail out any private entity – based on the capitalist mind set – it makes no point in investing in them/system any longer(it is a false capitalist system). I see this bail out the greatest mistake ever – there is no way to return to what we know today as CAPITALISM.Who would trust it? Who could trust our MARKETING of – freedom of choice/dream achievers/free markets/lots of choices – when the government overwrites all the above in case of “major troubles”. It is not a sustainable system. This is just another delayed bubble – we bailed out the DOT COM bust with a HOUSING BOOM – there wasn’t a next bubble to run into the sky.

Think about it this way:

1) CAPITALIST VIEW: The American Dream: – Own a house (30 yrs investment + lifetime of taxes)…..plenty of options- as we know the system

2) SOCIALIST VIEW: The Choices Dream: – they already have government housing (dream already achieved)..the real issues – choices/diferentiation.

3) CAPITAL-SOCIAL (Oligarchy system): still have the choices/dreams – but don’t bother the political system which controls everything – we’re there right now – it makes NO differece if you vote DEM or REP in my mind….the cards are played, just the circus continues.
– I guess CHINA is already on the this track as well as Russia, in a different format. Due to plenty of financial pressures, mostly due to surviving on a credit card/borrowed money, the USA is transitioning to this system as well – in its own way.

[SD Transplant]

I think all of you bring up a great points. I guess we’re so stuck into the capitalist mindset, which is what we know/understand, that we can’t seem to see outside of box.

You’re right, once the goverent/tax payers bail out any private entity – based on the capitalist mind set – it makes no point in investing in them/system any longer(it is a false capitalist system). I see this bail out the greatest mistake ever – there is no way to return to what we know today as CAPITALISM.Who would trust it? Who could trust our MARKETING of – freedom of choice/dream achievers/free markets/lots of choices – when the government overwrites all the above in case of “major troubles”. It is not a sustainable system. This is just another delayed bubble – we bailed out the DOT COM bust with a HOUSING BOOM – there wasn’t a next bubble to run into the sky.

Think about it this way:

1) CAPITALIST VIEW: The American Dream: – Own a house (30 yrs investment + lifetime of taxes)…..plenty of options- as we know the system

2) SOCIALIST VIEW: The Choices Dream: – they already have government housing (dream already achieved)..the real issues – choices/diferentiation.

3) CAPITAL-SOCIAL (Oligarchy system): still have the choices/dreams – but don’t bother the political system which controls everything – we’re there right now – it makes NO differece if you vote DEM or REP in my mind….the cards are played, just the circus continues.
– I guess CHINA is already on the this track as well as Russia, in a different format. Due to plenty of financial pressures, mostly due to surviving on a credit card/borrowed money, the USA is transitioning to this system as well – in its own way.

[SD Transplant]

I think all of you bring up a great points. I guess we’re so stuck into the capitalist mindset, which is what we know/understand, that we can’t seem to see outside of box.

You’re right, once the goverent/tax payers bail out any private entity – based on the capitalist mind set – it makes no point in investing in them/system any longer(it is a false capitalist system). I see this bail out the greatest mistake ever – there is no way to return to what we know today as CAPITALISM.Who would trust it? Who could trust our MARKETING of – freedom of choice/dream achievers/free markets/lots of choices – when the government overwrites all the above in case of “major troubles”. It is not a sustainable system. This is just another delayed bubble – we bailed out the DOT COM bust with a HOUSING BOOM – there wasn’t a next bubble to run into the sky.

Think about it this way:

1) CAPITALIST VIEW: The American Dream: – Own a house (30 yrs investment + lifetime of taxes)…..plenty of options- as we know the system

2) SOCIALIST VIEW: The Choices Dream: – they already have government housing (dream already achieved)..the real issues – choices/diferentiation.

3) CAPITAL-SOCIAL (Oligarchy system): still have the choices/dreams – but don’t bother the political system which controls everything – we’re there right now – it makes NO differece if you vote DEM or REP in my mind….the cards are played, just the circus continues.
– I guess CHINA is already on the this track as well as Russia, in a different format. Due to plenty of financial pressures, mostly due to surviving on a credit card/borrowed money, the USA is transitioning to this system as well – in its own way.

[SD Transplant]

I think all of you bring up a great points. I guess we’re so stuck into the capitalist mindset, which is what we know/understand, that we can’t seem to see outside of box.

You’re right, once the goverent/tax payers bail out any private entity – based on the capitalist mind set – it makes no point in investing in them/system any longer(it is a false capitalist system). I see this bail out the greatest mistake ever – there is no way to return to what we know today as CAPITALISM.Who would trust it? Who could trust our MARKETING of – freedom of choice/dream achievers/free markets/lots of choices – when the government overwrites all the above in case of “major troubles”. It is not a sustainable system. This is just another delayed bubble – we bailed out the DOT COM bust with a HOUSING BOOM – there wasn’t a next bubble to run into the sky.

Think about it this way:

1) CAPITALIST VIEW: The American Dream: – Own a house (30 yrs investment + lifetime of taxes)…..plenty of options- as we know the system

2) SOCIALIST VIEW: The Choices Dream: – they already have government housing (dream already achieved)..the real issues – choices/diferentiation.

3) CAPITAL-SOCIAL (Oligarchy system): still have the choices/dreams – but don’t bother the political system which controls everything – we’re there right now – it makes NO differece if you vote DEM or REP in my mind….the cards are played, just the circus continues.
– I guess CHINA is already on the this track as well as Russia, in a different format. Due to plenty of financial pressures, mostly due to surviving on a credit card/borrowed money, the USA is transitioning to this system as well – in its own way.

[socrattt]

http://www.financialsense.com/fsu/editorials/deepcaster/2008/0912.html

This article brings to light the extreme measures this country has taken in order to look as though these bailouts will actually benifit us. I don’t think $3-5 trillion+ on the back of the tax payers is going to do anyone any good. This country really is on its’ last leg, unless some very exteme moves are made, which won’t happen unless America becomes a communist government. We have made some communist government type moves over the last week here that are quite alarming!

[socrattt]

http://www.financialsense.com/fsu/editorials/deepcaster/2008/0912.html

This article brings to light the extreme measures this country has taken in order to look as though these bailouts will actually benifit us. I don’t think $3-5 trillion+ on the back of the tax payers is going to do anyone any good. This country really is on its’ last leg, unless some very exteme moves are made, which won’t happen unless America becomes a communist government. We have made some communist government type moves over the last week here that are quite alarming!

[socrattt]

http://www.financialsense.com/fsu/editorials/deepcaster/2008/0912.html

This article brings to light the extreme measures this country has taken in order to look as though these bailouts will actually benifit us. I don’t think $3-5 trillion+ on the back of the tax payers is going to do anyone any good. This country really is on its’ last leg, unless some very exteme moves are made, which won’t happen unless America becomes a communist government. We have made some communist government type moves over the last week here that are quite alarming!

[socrattt]

http://www.financialsense.com/fsu/editorials/deepcaster/2008/0912.html

This article brings to light the extreme measures this country has taken in order to look as though these bailouts will actually benifit us. I don’t think $3-5 trillion+ on the back of the tax payers is going to do anyone any good. This country really is on its’ last leg, unless some very exteme moves are made, which won’t happen unless America becomes a communist government. We have made some communist government type moves over the last week here that are quite alarming!

[socrattt]

http://www.financialsense.com/fsu/editorials/deepcaster/2008/0912.html

This article brings to light the extreme measures this country has taken in order to look as though these bailouts will actually benifit us. I don’t think $3-5 trillion+ on the back of the tax payers is going to do anyone any good. This country really is on its’ last leg, unless some very exteme moves are made, which won’t happen unless America becomes a communist government. We have made some communist government type moves over the last week here that are quite alarming!

[Running Bear]

[quote=Omega Point]Running Bear,

May I ask what you are doing to prepare? Because I feel the same way but I’m not sure what to do.[/quote]

Omega,

I sold my home in early 2006.
I moved 90% of my cash and assets overseas to a small private bank that was the safest on the planet I could find.
I am currently looking for a business to buy in a foreign country.

When I start to see signs of what I think is on the way I will move my family and start somewhere else. I don’t want to burden my children with the yoke of this debt burden.

My2cents

[Running Bear]

[quote=Omega Point]Running Bear,

May I ask what you are doing to prepare? Because I feel the same way but I’m not sure what to do.[/quote]

Omega,

I sold my home in early 2006.
I moved 90% of my cash and assets overseas to a small private bank that was the safest on the planet I could find.
I am currently looking for a business to buy in a foreign country.

When I start to see signs of what I think is on the way I will move my family and start somewhere else. I don’t want to burden my children with the yoke of this debt burden.

My2cents

[Running Bear]

[quote=Omega Point]Running Bear,

May I ask what you are doing to prepare? Because I feel the same way but I’m not sure what to do.[/quote]

Omega,

I sold my home in early 2006.
I moved 90% of my cash and assets overseas to a small private bank that was the safest on the planet I could find.
I am currently looking for a business to buy in a foreign country.

When I start to see signs of what I think is on the way I will move my family and start somewhere else. I don’t want to burden my children with the yoke of this debt burden.

My2cents

[Running Bear]

[quote=Omega Point]Running Bear,

May I ask what you are doing to prepare? Because I feel the same way but I’m not sure what to do.[/quote]

Omega,

I sold my home in early 2006.
I moved 90% of my cash and assets overseas to a small private bank that was the safest on the planet I could find.
I am currently looking for a business to buy in a foreign country.

When I start to see signs of what I think is on the way I will move my family and start somewhere else. I don’t want to burden my children with the yoke of this debt burden.

My2cents

[Author]

Posts