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July 28, 2010 at 12:24 PM #583622July 28, 2010 at 12:57 PM #584279scaredyclassicParticipant
A similar study in the 90s showed private sector lawyers were more attractive than govt lawyers.
July 28, 2010 at 12:57 PM #584388scaredyclassicParticipantA similar study in the 90s showed private sector lawyers were more attractive than govt lawyers.
July 28, 2010 at 12:57 PM #584690scaredyclassicParticipantA similar study in the 90s showed private sector lawyers were more attractive than govt lawyers.
July 28, 2010 at 12:57 PM #583743scaredyclassicParticipantA similar study in the 90s showed private sector lawyers were more attractive than govt lawyers.
July 28, 2010 at 12:57 PM #583652scaredyclassicParticipantA similar study in the 90s showed private sector lawyers were more attractive than govt lawyers.
July 28, 2010 at 6:04 PM #584355stockstradrParticipantIsn’t that pretty much what they’re already doing?
Exactly!
I think the initial post (not the one quoted above) was a bit odd, given poster should realize this is already happening. Besides, it is nutz for the original post to suggest even MORE of what is basically Ponzi Scheme support of the housing market forced upon the US taxpayer.
US government is indirectly already promising to cover like 90% of newly issuing mortgages, because if homeowners default for whatever reason (such as a price decline) then the US government (= you and me) will have to cover the bail out of those billions of mortgages that have been insured.
Oh, and YES, it is inevitable this will all end up with the US taxpayers covering the cost, but there isn’t enough tax revenue coming in to cover the cost of default of all those US government insured mortgages – which leads us again to why the US dollar is DOOMED. They will have to print huge amounts of dollars.
July 28, 2010 at 6:04 PM #584463stockstradrParticipantIsn’t that pretty much what they’re already doing?
Exactly!
I think the initial post (not the one quoted above) was a bit odd, given poster should realize this is already happening. Besides, it is nutz for the original post to suggest even MORE of what is basically Ponzi Scheme support of the housing market forced upon the US taxpayer.
US government is indirectly already promising to cover like 90% of newly issuing mortgages, because if homeowners default for whatever reason (such as a price decline) then the US government (= you and me) will have to cover the bail out of those billions of mortgages that have been insured.
Oh, and YES, it is inevitable this will all end up with the US taxpayers covering the cost, but there isn’t enough tax revenue coming in to cover the cost of default of all those US government insured mortgages – which leads us again to why the US dollar is DOOMED. They will have to print huge amounts of dollars.
July 28, 2010 at 6:04 PM #584765stockstradrParticipantIsn’t that pretty much what they’re already doing?
Exactly!
I think the initial post (not the one quoted above) was a bit odd, given poster should realize this is already happening. Besides, it is nutz for the original post to suggest even MORE of what is basically Ponzi Scheme support of the housing market forced upon the US taxpayer.
US government is indirectly already promising to cover like 90% of newly issuing mortgages, because if homeowners default for whatever reason (such as a price decline) then the US government (= you and me) will have to cover the bail out of those billions of mortgages that have been insured.
Oh, and YES, it is inevitable this will all end up with the US taxpayers covering the cost, but there isn’t enough tax revenue coming in to cover the cost of default of all those US government insured mortgages – which leads us again to why the US dollar is DOOMED. They will have to print huge amounts of dollars.
July 28, 2010 at 6:04 PM #583819stockstradrParticipantIsn’t that pretty much what they’re already doing?
Exactly!
I think the initial post (not the one quoted above) was a bit odd, given poster should realize this is already happening. Besides, it is nutz for the original post to suggest even MORE of what is basically Ponzi Scheme support of the housing market forced upon the US taxpayer.
US government is indirectly already promising to cover like 90% of newly issuing mortgages, because if homeowners default for whatever reason (such as a price decline) then the US government (= you and me) will have to cover the bail out of those billions of mortgages that have been insured.
Oh, and YES, it is inevitable this will all end up with the US taxpayers covering the cost, but there isn’t enough tax revenue coming in to cover the cost of default of all those US government insured mortgages – which leads us again to why the US dollar is DOOMED. They will have to print huge amounts of dollars.
July 28, 2010 at 6:04 PM #583727stockstradrParticipantIsn’t that pretty much what they’re already doing?
Exactly!
I think the initial post (not the one quoted above) was a bit odd, given poster should realize this is already happening. Besides, it is nutz for the original post to suggest even MORE of what is basically Ponzi Scheme support of the housing market forced upon the US taxpayer.
US government is indirectly already promising to cover like 90% of newly issuing mortgages, because if homeowners default for whatever reason (such as a price decline) then the US government (= you and me) will have to cover the bail out of those billions of mortgages that have been insured.
Oh, and YES, it is inevitable this will all end up with the US taxpayers covering the cost, but there isn’t enough tax revenue coming in to cover the cost of default of all those US government insured mortgages – which leads us again to why the US dollar is DOOMED. They will have to print huge amounts of dollars.
July 28, 2010 at 7:21 PM #584493sreebParticipantBetter yet, the govenment buys forclosures from the banks and demos them:
1) It puts money in the banks hands. They will pay it out in bonuses which will eventually stimulate the economy.
2) It reduces the supply making the remaining inventory more valuable. No more below water loans.
3) It provides demo jobs.
4) You may get a nifty mini park right next door.
All we need is a catchy name like “cash for caves” and we are good to go.
July 28, 2010 at 7:21 PM #584795sreebParticipantBetter yet, the govenment buys forclosures from the banks and demos them:
1) It puts money in the banks hands. They will pay it out in bonuses which will eventually stimulate the economy.
2) It reduces the supply making the remaining inventory more valuable. No more below water loans.
3) It provides demo jobs.
4) You may get a nifty mini park right next door.
All we need is a catchy name like “cash for caves” and we are good to go.
July 28, 2010 at 7:21 PM #583757sreebParticipantBetter yet, the govenment buys forclosures from the banks and demos them:
1) It puts money in the banks hands. They will pay it out in bonuses which will eventually stimulate the economy.
2) It reduces the supply making the remaining inventory more valuable. No more below water loans.
3) It provides demo jobs.
4) You may get a nifty mini park right next door.
All we need is a catchy name like “cash for caves” and we are good to go.
July 28, 2010 at 7:21 PM #583849sreebParticipantBetter yet, the govenment buys forclosures from the banks and demos them:
1) It puts money in the banks hands. They will pay it out in bonuses which will eventually stimulate the economy.
2) It reduces the supply making the remaining inventory more valuable. No more below water loans.
3) It provides demo jobs.
4) You may get a nifty mini park right next door.
All we need is a catchy name like “cash for caves” and we are good to go.
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