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March 18, 2009 at 8:27 AM #369661March 18, 2009 at 10:01 AM #369182AnonymousGuest
If you look at economical growth of the recent centuries, it has been built upon bubble after bubble. People gain by riding the leading edge of the bubble and lose by chasing the bubble when it is near the peak. The problem of the government policy is trying to sustain the bubble even after everyone knows it is a bubble. The logic behind it is the same as we have seen in the scandals in the private sector. You would wish apocalypse will realize before the collapse of the empire.
March 18, 2009 at 10:01 AM #369468AnonymousGuestIf you look at economical growth of the recent centuries, it has been built upon bubble after bubble. People gain by riding the leading edge of the bubble and lose by chasing the bubble when it is near the peak. The problem of the government policy is trying to sustain the bubble even after everyone knows it is a bubble. The logic behind it is the same as we have seen in the scandals in the private sector. You would wish apocalypse will realize before the collapse of the empire.
March 18, 2009 at 10:01 AM #369633AnonymousGuestIf you look at economical growth of the recent centuries, it has been built upon bubble after bubble. People gain by riding the leading edge of the bubble and lose by chasing the bubble when it is near the peak. The problem of the government policy is trying to sustain the bubble even after everyone knows it is a bubble. The logic behind it is the same as we have seen in the scandals in the private sector. You would wish apocalypse will realize before the collapse of the empire.
March 18, 2009 at 10:01 AM #369674AnonymousGuestIf you look at economical growth of the recent centuries, it has been built upon bubble after bubble. People gain by riding the leading edge of the bubble and lose by chasing the bubble when it is near the peak. The problem of the government policy is trying to sustain the bubble even after everyone knows it is a bubble. The logic behind it is the same as we have seen in the scandals in the private sector. You would wish apocalypse will realize before the collapse of the empire.
March 18, 2009 at 10:01 AM #369792AnonymousGuestIf you look at economical growth of the recent centuries, it has been built upon bubble after bubble. People gain by riding the leading edge of the bubble and lose by chasing the bubble when it is near the peak. The problem of the government policy is trying to sustain the bubble even after everyone knows it is a bubble. The logic behind it is the same as we have seen in the scandals in the private sector. You would wish apocalypse will realize before the collapse of the empire.
March 18, 2009 at 10:11 AM #369196patientrenterParticipant[quote=SD Realtor]jp the thing that bums me out the most is not being able to take advantage of it. I am resigned to the fact that the game is over with respect to logical solutions that are in the best interest of the population. We lost. Wall Street and the government won. However it’s like okay…given this new playing field how can make some straw out of it. [/quote]
SDR, can’t you buy a few houses in Temecula with no-money down loans? If you would have to lie on the application to get the best loan, then just find a predatory mortgage broker who will lie and cheat for you, and just sign your name. Apparently signing a loan application incurs no responsibility. If the houses make money for you, keep ’em. If they start to lose money for you, walk away.
March 18, 2009 at 10:11 AM #369483patientrenterParticipant[quote=SD Realtor]jp the thing that bums me out the most is not being able to take advantage of it. I am resigned to the fact that the game is over with respect to logical solutions that are in the best interest of the population. We lost. Wall Street and the government won. However it’s like okay…given this new playing field how can make some straw out of it. [/quote]
SDR, can’t you buy a few houses in Temecula with no-money down loans? If you would have to lie on the application to get the best loan, then just find a predatory mortgage broker who will lie and cheat for you, and just sign your name. Apparently signing a loan application incurs no responsibility. If the houses make money for you, keep ’em. If they start to lose money for you, walk away.
March 18, 2009 at 10:11 AM #369649patientrenterParticipant[quote=SD Realtor]jp the thing that bums me out the most is not being able to take advantage of it. I am resigned to the fact that the game is over with respect to logical solutions that are in the best interest of the population. We lost. Wall Street and the government won. However it’s like okay…given this new playing field how can make some straw out of it. [/quote]
SDR, can’t you buy a few houses in Temecula with no-money down loans? If you would have to lie on the application to get the best loan, then just find a predatory mortgage broker who will lie and cheat for you, and just sign your name. Apparently signing a loan application incurs no responsibility. If the houses make money for you, keep ’em. If they start to lose money for you, walk away.
March 18, 2009 at 10:11 AM #369689patientrenterParticipant[quote=SD Realtor]jp the thing that bums me out the most is not being able to take advantage of it. I am resigned to the fact that the game is over with respect to logical solutions that are in the best interest of the population. We lost. Wall Street and the government won. However it’s like okay…given this new playing field how can make some straw out of it. [/quote]
SDR, can’t you buy a few houses in Temecula with no-money down loans? If you would have to lie on the application to get the best loan, then just find a predatory mortgage broker who will lie and cheat for you, and just sign your name. Apparently signing a loan application incurs no responsibility. If the houses make money for you, keep ’em. If they start to lose money for you, walk away.
March 18, 2009 at 10:11 AM #369807patientrenterParticipant[quote=SD Realtor]jp the thing that bums me out the most is not being able to take advantage of it. I am resigned to the fact that the game is over with respect to logical solutions that are in the best interest of the population. We lost. Wall Street and the government won. However it’s like okay…given this new playing field how can make some straw out of it. [/quote]
SDR, can’t you buy a few houses in Temecula with no-money down loans? If you would have to lie on the application to get the best loan, then just find a predatory mortgage broker who will lie and cheat for you, and just sign your name. Apparently signing a loan application incurs no responsibility. If the houses make money for you, keep ’em. If they start to lose money for you, walk away.
March 18, 2009 at 12:44 PM #369297LuckyInOCParticipant[quote=DWCAP]Damnit SD_R, Here I was gonna come on here and drop a link to another Gov bombshell and I find you already beat me to it. π I thought I was gonna be special once.
I more and more believe that we will see a huge double dip. I really believe that we are being set up for a big second drop like we saw in 2008, cept this time with inflation up the WAZOO. Basically as soon as things get going again inflation will go crazy, people wont be able to adjust quickly enough, the FED will totally miss it AGAIN and only address its symptoms in hindsight, and well go into a inflation recession on the heals of our deflation recession.
I am still wondering when China gets sick of this. [/quote]
TJ said it best…
If the America people ever allow private banks to control the issuance of their currencies, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their prosperity until their children will wake up homeless on the continent their fathers conquered.
Thomas JeffersonI predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.
Thomas JeffersonEvery government degenerates when trusted to the rulers of the people alone. The people themselves are its only safe depositories.
Thomas JeffersonI hope we shall crush in its birth the aristocracy of our monied corporations which dare already to challenge our government to a trial by strength, and bid defiance to the laws of our country.
Thomas JeffersonA wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned – this is the sum of good government.
Thomas JeffersonOur country is now taking so steady a course as to show by what road it will pass to destruction, to wit: by consolidation of power first, and then corruption, its necessary consequence.
Thomas JeffersonWhen we get piled upon one another in large cities, as in Europe, we shall become as corrupt as Europe.
Thomas JeffersonOh, that’s why the banks have the tallest buildings in a city…
Our future lies in the past…
(I guess that can be taken two ways)Luck In OC
March 18, 2009 at 12:44 PM #369583LuckyInOCParticipant[quote=DWCAP]Damnit SD_R, Here I was gonna come on here and drop a link to another Gov bombshell and I find you already beat me to it. π I thought I was gonna be special once.
I more and more believe that we will see a huge double dip. I really believe that we are being set up for a big second drop like we saw in 2008, cept this time with inflation up the WAZOO. Basically as soon as things get going again inflation will go crazy, people wont be able to adjust quickly enough, the FED will totally miss it AGAIN and only address its symptoms in hindsight, and well go into a inflation recession on the heals of our deflation recession.
I am still wondering when China gets sick of this. [/quote]
TJ said it best…
If the America people ever allow private banks to control the issuance of their currencies, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their prosperity until their children will wake up homeless on the continent their fathers conquered.
Thomas JeffersonI predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.
Thomas JeffersonEvery government degenerates when trusted to the rulers of the people alone. The people themselves are its only safe depositories.
Thomas JeffersonI hope we shall crush in its birth the aristocracy of our monied corporations which dare already to challenge our government to a trial by strength, and bid defiance to the laws of our country.
Thomas JeffersonA wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned – this is the sum of good government.
Thomas JeffersonOur country is now taking so steady a course as to show by what road it will pass to destruction, to wit: by consolidation of power first, and then corruption, its necessary consequence.
Thomas JeffersonWhen we get piled upon one another in large cities, as in Europe, we shall become as corrupt as Europe.
Thomas JeffersonOh, that’s why the banks have the tallest buildings in a city…
Our future lies in the past…
(I guess that can be taken two ways)Luck In OC
March 18, 2009 at 12:44 PM #369750LuckyInOCParticipant[quote=DWCAP]Damnit SD_R, Here I was gonna come on here and drop a link to another Gov bombshell and I find you already beat me to it. π I thought I was gonna be special once.
I more and more believe that we will see a huge double dip. I really believe that we are being set up for a big second drop like we saw in 2008, cept this time with inflation up the WAZOO. Basically as soon as things get going again inflation will go crazy, people wont be able to adjust quickly enough, the FED will totally miss it AGAIN and only address its symptoms in hindsight, and well go into a inflation recession on the heals of our deflation recession.
I am still wondering when China gets sick of this. [/quote]
TJ said it best…
If the America people ever allow private banks to control the issuance of their currencies, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their prosperity until their children will wake up homeless on the continent their fathers conquered.
Thomas JeffersonI predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.
Thomas JeffersonEvery government degenerates when trusted to the rulers of the people alone. The people themselves are its only safe depositories.
Thomas JeffersonI hope we shall crush in its birth the aristocracy of our monied corporations which dare already to challenge our government to a trial by strength, and bid defiance to the laws of our country.
Thomas JeffersonA wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned – this is the sum of good government.
Thomas JeffersonOur country is now taking so steady a course as to show by what road it will pass to destruction, to wit: by consolidation of power first, and then corruption, its necessary consequence.
Thomas JeffersonWhen we get piled upon one another in large cities, as in Europe, we shall become as corrupt as Europe.
Thomas JeffersonOh, that’s why the banks have the tallest buildings in a city…
Our future lies in the past…
(I guess that can be taken two ways)Luck In OC
March 18, 2009 at 12:44 PM #369791LuckyInOCParticipant[quote=DWCAP]Damnit SD_R, Here I was gonna come on here and drop a link to another Gov bombshell and I find you already beat me to it. π I thought I was gonna be special once.
I more and more believe that we will see a huge double dip. I really believe that we are being set up for a big second drop like we saw in 2008, cept this time with inflation up the WAZOO. Basically as soon as things get going again inflation will go crazy, people wont be able to adjust quickly enough, the FED will totally miss it AGAIN and only address its symptoms in hindsight, and well go into a inflation recession on the heals of our deflation recession.
I am still wondering when China gets sick of this. [/quote]
TJ said it best…
If the America people ever allow private banks to control the issuance of their currencies, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their prosperity until their children will wake up homeless on the continent their fathers conquered.
Thomas JeffersonI predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.
Thomas JeffersonEvery government degenerates when trusted to the rulers of the people alone. The people themselves are its only safe depositories.
Thomas JeffersonI hope we shall crush in its birth the aristocracy of our monied corporations which dare already to challenge our government to a trial by strength, and bid defiance to the laws of our country.
Thomas JeffersonA wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned – this is the sum of good government.
Thomas JeffersonOur country is now taking so steady a course as to show by what road it will pass to destruction, to wit: by consolidation of power first, and then corruption, its necessary consequence.
Thomas JeffersonWhen we get piled upon one another in large cities, as in Europe, we shall become as corrupt as Europe.
Thomas JeffersonOh, that’s why the banks have the tallest buildings in a city…
Our future lies in the past…
(I guess that can be taken two ways)Luck In OC
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