Senator Dodd and Clinton housing strategy

[asragov]

The always excellent Roubini Global Economics Monitor has been explaining this crisis as a problem of solvency, not liquidity:

http://www.rgemonitor.com/blog/roubini/209779/

It is hard to imagine any bailout that the banks will go along with, if it will only help the consumer. I expect that the bailout of everyone would be politically impossible, as it would be too huge.

Originally used by Bill Gross at PIMCO, “the constipated owl” (where nothing is moving) is a great expression for the current state of the credit markets:

http://www.rgemonitor.com/blog/roubini/211387

[SD Realtor]

Nancy I am sorry you feel that way. I would simply ask you to sit back and read this entire thread from the beginning based on what the original poster wrote, then look at the various responses, then look at your responses. If you agree after that, that your responses were well thought out and added value and perspective then so be it. Personally I did not. I felt they were filled with rancor towards pretty much everyone from politicians, the fed, accountants, auditors, ratings agencies, etc.

I am filled with that same animosity believe me. However my argument with your post is, I don’t feel it adds value to a constructive solution.

I am not against oversight at all… Jeez Nancy our own freeking city council and local government here is San Diego are corrupt. Many officials at the federal level are corrupt.

I don’t have a solution because I cannot wrap my arms around this entire problem yet. As I said I know what should not be done at the present time. Once again I will ask, are you advocating creating a large beauracracy (I am sure I spelled that wrong) to take over? Should we put the entire market of property transfer into government hands? It is very easy to sit and write thinks like it is everyone’s fault, they are all crooks, fire them all, regulate everything, the three uncle stooges will figure it out…

Haven’t we done that enough already? My main hope is that anyone or entity trying to politicize this gets identified and womped on.

Does this mean you won’t use me as your buyers agent? (sorry I shouldn’t have wrote that but I could not resist)

SD Realtor

[SD Realtor]

Nancy I am sorry you feel that way. I would simply ask you to sit back and read this entire thread from the beginning based on what the original poster wrote, then look at the various responses, then look at your responses. If you agree after that, that your responses were well thought out and added value and perspective then so be it. Personally I did not. I felt they were filled with rancor towards pretty much everyone from politicians, the fed, accountants, auditors, ratings agencies, etc.

I am filled with that same animosity believe me. However my argument with your post is, I don’t feel it adds value to a constructive solution.

I am not against oversight at all… Jeez Nancy our own freeking city council and local government here is San Diego are corrupt. Many officials at the federal level are corrupt.

I don’t have a solution because I cannot wrap my arms around this entire problem yet. As I said I know what should not be done at the present time. Once again I will ask, are you advocating creating a large beauracracy (I am sure I spelled that wrong) to take over? Should we put the entire market of property transfer into government hands? It is very easy to sit and write thinks like it is everyone’s fault, they are all crooks, fire them all, regulate everything, the three uncle stooges will figure it out…

Haven’t we done that enough already? My main hope is that anyone or entity trying to politicize this gets identified and womped on.

Does this mean you won’t use me as your buyers agent? (sorry I shouldn’t have wrote that but I could not resist)

SD Realtor

[SD Realtor]

Nancy I am sorry you feel that way. I would simply ask you to sit back and read this entire thread from the beginning based on what the original poster wrote, then look at the various responses, then look at your responses. If you agree after that, that your responses were well thought out and added value and perspective then so be it. Personally I did not. I felt they were filled with rancor towards pretty much everyone from politicians, the fed, accountants, auditors, ratings agencies, etc.

I am filled with that same animosity believe me. However my argument with your post is, I don’t feel it adds value to a constructive solution.

I am not against oversight at all… Jeez Nancy our own freeking city council and local government here is San Diego are corrupt. Many officials at the federal level are corrupt.

I don’t have a solution because I cannot wrap my arms around this entire problem yet. As I said I know what should not be done at the present time. Once again I will ask, are you advocating creating a large beauracracy (I am sure I spelled that wrong) to take over? Should we put the entire market of property transfer into government hands? It is very easy to sit and write thinks like it is everyone’s fault, they are all crooks, fire them all, regulate everything, the three uncle stooges will figure it out…

Haven’t we done that enough already? My main hope is that anyone or entity trying to politicize this gets identified and womped on.

Does this mean you won’t use me as your buyers agent? (sorry I shouldn’t have wrote that but I could not resist)

SD Realtor

[eyePod]

SD Realtor your input to this board is invaluable. I don’t think Nancy’s comments were even about real estate per se and I find as the topics wander off into politics or the stock market the amount of meaningful discussion decreases rapidly.

[eyePod]

SD Realtor your input to this board is invaluable. I don’t think Nancy’s comments were even about real estate per se and I find as the topics wander off into politics or the stock market the amount of meaningful discussion decreases rapidly.

[eyePod]

SD Realtor your input to this board is invaluable. I don’t think Nancy’s comments were even about real estate per se and I find as the topics wander off into politics or the stock market the amount of meaningful discussion decreases rapidly.

[SD Realtor]

Thanks eyepod for that and also the post in the other thread.

SD Realtor

[SD Realtor]

Thanks eyepod for that and also the post in the other thread.

SD Realtor

[SD Realtor]

Thanks eyepod for that and also the post in the other thread.

SD Realtor

[temeculaguy]

Man, ignore a thread because I hate the political ones and I miss all the excitement. Politicians didn’t cause this, capitalism didn’t cause it. Bubbles happen in other countries all the time, in places where the political or economic ideology is completely different from our own. C’mon it’s easy to see, ying/yang, pendulums have been a swinging before there was a USA or the english language or capatilism or democrats or republicans. And in case you were curious they will come again because greed has always been around.

Just to stir up what I attempted to calm, cause that’s how I roll, here’s my take on the current political posturing. Whoever the Democrats pick to run will win if no soloution is found to the foreclosure problem before election time. It is in their best interest to have more foreclosure stories so they can blame the last guy and promise to fix it. If it somehow gets fixed tomorrow and every janitor can buy a house with $5 and make 5 million ( exaggerated for effect but something along those lines and the return of zero down and 2/28’s) then whoever the Republicans pick will win because who wants to end the party. None of them caused it and none of them can fix it but the important thing is, who can capatalize on it and what are they motivated to do right now.

I haven’t decided who to vote for but if any of them say that they support legislation to require qualification at a fully amortized rate to prevent this from happening again then my vote will be bought because some people need protection from themselves. Of course if one of them comes out in favor of legalizing brothels and requiring HMO’s to pay for it then I will really be in a quandry. I hate elction time, if I want someone to lie to me i’ll ask my kids who ate the last of the golden spoon frozen yogurt.

[temeculaguy]

Man, ignore a thread because I hate the political ones and I miss all the excitement. Politicians didn’t cause this, capitalism didn’t cause it. Bubbles happen in other countries all the time, in places where the political or economic ideology is completely different from our own. C’mon it’s easy to see, ying/yang, pendulums have been a swinging before there was a USA or the english language or capatilism or democrats or republicans. And in case you were curious they will come again because greed has always been around.

Just to stir up what I attempted to calm, cause that’s how I roll, here’s my take on the current political posturing. Whoever the Democrats pick to run will win if no soloution is found to the foreclosure problem before election time. It is in their best interest to have more foreclosure stories so they can blame the last guy and promise to fix it. If it somehow gets fixed tomorrow and every janitor can buy a house with $5 and make 5 million ( exaggerated for effect but something along those lines and the return of zero down and 2/28’s) then whoever the Republicans pick will win because who wants to end the party. None of them caused it and none of them can fix it but the important thing is, who can capatalize on it and what are they motivated to do right now.

I haven’t decided who to vote for but if any of them say that they support legislation to require qualification at a fully amortized rate to prevent this from happening again then my vote will be bought because some people need protection from themselves. Of course if one of them comes out in favor of legalizing brothels and requiring HMO’s to pay for it then I will really be in a quandry. I hate elction time, if I want someone to lie to me i’ll ask my kids who ate the last of the golden spoon frozen yogurt.

[temeculaguy]

Man, ignore a thread because I hate the political ones and I miss all the excitement. Politicians didn’t cause this, capitalism didn’t cause it. Bubbles happen in other countries all the time, in places where the political or economic ideology is completely different from our own. C’mon it’s easy to see, ying/yang, pendulums have been a swinging before there was a USA or the english language or capatilism or democrats or republicans. And in case you were curious they will come again because greed has always been around.

Just to stir up what I attempted to calm, cause that’s how I roll, here’s my take on the current political posturing. Whoever the Democrats pick to run will win if no soloution is found to the foreclosure problem before election time. It is in their best interest to have more foreclosure stories so they can blame the last guy and promise to fix it. If it somehow gets fixed tomorrow and every janitor can buy a house with $5 and make 5 million ( exaggerated for effect but something along those lines and the return of zero down and 2/28’s) then whoever the Republicans pick will win because who wants to end the party. None of them caused it and none of them can fix it but the important thing is, who can capatalize on it and what are they motivated to do right now.

I haven’t decided who to vote for but if any of them say that they support legislation to require qualification at a fully amortized rate to prevent this from happening again then my vote will be bought because some people need protection from themselves. Of course if one of them comes out in favor of legalizing brothels and requiring HMO’s to pay for it then I will really be in a quandry. I hate elction time, if I want someone to lie to me i’ll ask my kids who ate the last of the golden spoon frozen yogurt.

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