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  • January 18, 2008 at 10:03 AM #138367
    Pasadena Broker
    Participant

    I hate when politicos try and intervene, it’ll makes things worse.

    Fiscal responsibility, get some of it if you don’t have it.

    January 18, 2008 at 10:14 AM #138090
    cr
    Participant

    Agreed.

    What happened to free market capitalism?

    January 18, 2008 at 10:14 AM #138299
    cr
    Participant

    Agreed.

    What happened to free market capitalism?

    January 18, 2008 at 10:14 AM #138328
    cr
    Participant

    Agreed.

    What happened to free market capitalism?

    January 18, 2008 at 10:14 AM #138350
    cr
    Participant

    Agreed.

    What happened to free market capitalism?

    January 18, 2008 at 10:14 AM #138397
    cr
    Participant

    Agreed.

    What happened to free market capitalism?

    January 18, 2008 at 11:38 AM #138116
    Eugene
    Participant

    What happened to free market capitalism?

    Free market capitalism brought us here.

    The war and the deficit are leaving no room for fiscal stimulus.

    Are you suggesting that running an additional one-time deficit of 1% of GDP is worse than a recession?

    Interest rates on new mortgages would skyrocket – perhaps past 8 percent

    B.S.
    Interest rates on ARMs may well skyrocket. Good riddance. To conforming loans and fixed jumbos, it won’t do a thing.

    Now, if Fannie Mae folds because ARM resets push prices down too fast and leave lots of people with negative equity, THAT will wreck the housing market …

    January 18, 2008 at 11:38 AM #138324
    Eugene
    Participant

    What happened to free market capitalism?

    Free market capitalism brought us here.

    The war and the deficit are leaving no room for fiscal stimulus.

    Are you suggesting that running an additional one-time deficit of 1% of GDP is worse than a recession?

    Interest rates on new mortgages would skyrocket – perhaps past 8 percent

    B.S.
    Interest rates on ARMs may well skyrocket. Good riddance. To conforming loans and fixed jumbos, it won’t do a thing.

    Now, if Fannie Mae folds because ARM resets push prices down too fast and leave lots of people with negative equity, THAT will wreck the housing market …

    January 18, 2008 at 11:38 AM #138353
    Eugene
    Participant

    What happened to free market capitalism?

    Free market capitalism brought us here.

    The war and the deficit are leaving no room for fiscal stimulus.

    Are you suggesting that running an additional one-time deficit of 1% of GDP is worse than a recession?

    Interest rates on new mortgages would skyrocket – perhaps past 8 percent

    B.S.
    Interest rates on ARMs may well skyrocket. Good riddance. To conforming loans and fixed jumbos, it won’t do a thing.

    Now, if Fannie Mae folds because ARM resets push prices down too fast and leave lots of people with negative equity, THAT will wreck the housing market …

    January 18, 2008 at 11:38 AM #138374
    Eugene
    Participant

    What happened to free market capitalism?

    Free market capitalism brought us here.

    The war and the deficit are leaving no room for fiscal stimulus.

    Are you suggesting that running an additional one-time deficit of 1% of GDP is worse than a recession?

    Interest rates on new mortgages would skyrocket – perhaps past 8 percent

    B.S.
    Interest rates on ARMs may well skyrocket. Good riddance. To conforming loans and fixed jumbos, it won’t do a thing.

    Now, if Fannie Mae folds because ARM resets push prices down too fast and leave lots of people with negative equity, THAT will wreck the housing market …

    January 18, 2008 at 11:38 AM #138423
    Eugene
    Participant

    What happened to free market capitalism?

    Free market capitalism brought us here.

    The war and the deficit are leaving no room for fiscal stimulus.

    Are you suggesting that running an additional one-time deficit of 1% of GDP is worse than a recession?

    Interest rates on new mortgages would skyrocket – perhaps past 8 percent

    B.S.
    Interest rates on ARMs may well skyrocket. Good riddance. To conforming loans and fixed jumbos, it won’t do a thing.

    Now, if Fannie Mae folds because ARM resets push prices down too fast and leave lots of people with negative equity, THAT will wreck the housing market …

    January 18, 2008 at 11:39 AM #138120
    nostradamus
    Participant

    Free market capitalism brought us here.

    Yup, and it will get us out too.  The foolish lenders and buyers will be eliminated.  The wise will survive.  Just let it correct itself.

    January 18, 2008 at 11:39 AM #138329
    nostradamus
    Participant

    Free market capitalism brought us here.

    Yup, and it will get us out too.  The foolish lenders and buyers will be eliminated.  The wise will survive.  Just let it correct itself.

    January 18, 2008 at 11:39 AM #138358
    nostradamus
    Participant

    Free market capitalism brought us here.

    Yup, and it will get us out too.  The foolish lenders and buyers will be eliminated.  The wise will survive.  Just let it correct itself.

    January 18, 2008 at 11:39 AM #138379
    nostradamus
    Participant

    Free market capitalism brought us here.

    Yup, and it will get us out too.  The foolish lenders and buyers will be eliminated.  The wise will survive.  Just let it correct itself.

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