[aldante]

Concho,
I agree that RP will not win if everyone keeps buying the media story and does not try and educate themselves. If the Diebold card is played that will be one hell of a bad scenario.
BTW, if he is elected he will be blamed for how bad everything will get when he pulls the covers off.

[aldante]

Concho,
I agree that RP will not win if everyone keeps buying the media story and does not try and educate themselves. If the Diebold card is played that will be one hell of a bad scenario.
BTW, if he is elected he will be blamed for how bad everything will get when he pulls the covers off.

[aldante]

Concho,
I agree that RP will not win if everyone keeps buying the media story and does not try and educate themselves. If the Diebold card is played that will be one hell of a bad scenario.
BTW, if he is elected he will be blamed for how bad everything will get when he pulls the covers off.

[aldante]

[quote=briansd1][quote=aldante] Brian are you maintaining that private securitziation could have reached those insane levels with out the backstop of the GSE’s? That sounds like a “world is flat” comment given the evidence.[/quote]

I think that you need to study the details of the bubble and the collapse.

The Treasury and the Fed backstopped the banks directly, not through the GSEs.

What allowed the crazy securition was not the GSEs, but the rating agencies rating all those securities AAA.

Only after the collapse, did the GSEs take on a more prominent role in stabilizing the market.[/quote]

Here is the Secretary of HUD on the causes of the collapse on 4/4/2010.

http://www.mhmarketingsalesmanagement.com/downloads/mharr/HUDsSecretary-04-14-2010-testimony.pdf
Again I noticed you fail to mention that RP was right 5 years before the collapse. So annoying Brian1

[aldante]

[quote=briansd1][quote=aldante] Brian are you maintaining that private securitziation could have reached those insane levels with out the backstop of the GSE’s? That sounds like a “world is flat” comment given the evidence.[/quote]

I think that you need to study the details of the bubble and the collapse.

The Treasury and the Fed backstopped the banks directly, not through the GSEs.

What allowed the crazy securition was not the GSEs, but the rating agencies rating all those securities AAA.

Only after the collapse, did the GSEs take on a more prominent role in stabilizing the market.[/quote]

Here is the Secretary of HUD on the causes of the collapse on 4/4/2010.

http://www.mhmarketingsalesmanagement.com/downloads/mharr/HUDsSecretary-04-14-2010-testimony.pdf
Again I noticed you fail to mention that RP was right 5 years before the collapse. So annoying Brian1

[aldante]

[quote=briansd1][quote=aldante] Brian are you maintaining that private securitziation could have reached those insane levels with out the backstop of the GSE’s? That sounds like a “world is flat” comment given the evidence.[/quote]

I think that you need to study the details of the bubble and the collapse.

The Treasury and the Fed backstopped the banks directly, not through the GSEs.

What allowed the crazy securition was not the GSEs, but the rating agencies rating all those securities AAA.

Only after the collapse, did the GSEs take on a more prominent role in stabilizing the market.[/quote]

Here is the Secretary of HUD on the causes of the collapse on 4/4/2010.

http://www.mhmarketingsalesmanagement.com/downloads/mharr/HUDsSecretary-04-14-2010-testimony.pdf
Again I noticed you fail to mention that RP was right 5 years before the collapse. So annoying Brian1

[aldante]

[quote=briansd1][quote=aldante] Brian are you maintaining that private securitziation could have reached those insane levels with out the backstop of the GSE’s? That sounds like a “world is flat” comment given the evidence.[/quote]

I think that you need to study the details of the bubble and the collapse.

The Treasury and the Fed backstopped the banks directly, not through the GSEs.

What allowed the crazy securition was not the GSEs, but the rating agencies rating all those securities AAA.

Only after the collapse, did the GSEs take on a more prominent role in stabilizing the market.[/quote]

Here is the Secretary of HUD on the causes of the collapse on 4/4/2010.

http://www.mhmarketingsalesmanagement.com/downloads/mharr/HUDsSecretary-04-14-2010-testimony.pdf
Again I noticed you fail to mention that RP was right 5 years before the collapse. So annoying Brian1

[aldante]

[quote=briansd1][quote=aldante] Brian are you maintaining that private securitziation could have reached those insane levels with out the backstop of the GSE’s? That sounds like a “world is flat” comment given the evidence.[/quote]

I think that you need to study the details of the bubble and the collapse.

The Treasury and the Fed backstopped the banks directly, not through the GSEs.

What allowed the crazy securition was not the GSEs, but the rating agencies rating all those securities AAA.

Only after the collapse, did the GSEs take on a more prominent role in stabilizing the market.[/quote]

Here is the Secretary of HUD on the causes of the collapse on 4/4/2010.

http://www.mhmarketingsalesmanagement.com/downloads/mharr/HUDsSecretary-04-14-2010-testimony.pdf
Again I noticed you fail to mention that RP was right 5 years before the collapse. So annoying Brian1

[aldante]

[quote=briansd1]Yes, really.
We’ve been here before. The GSEs where not the problem in the housing bubble. They were only minor players.

The private securitization of mortgages are what inflated the housing bubble.[/quote]

I will point out that you did not address the larger point which is that RP was completely correct about the housing collapse – while collecting the “kooky uncle” moniker at the same time.
Which by the way is the most mystifying thing about this whole post. While being right he is portrayed by the media as being kooky. What kind of episode of Twilight Zone are we in?
Brian are you maintaining that private securitziation could have reached those insane levels with out the backstop of the GSE’s? That sounds like a “world is flat” comment given the evidence.

[aldante]

[quote=briansd1]Yes, really.
We’ve been here before. The GSEs where not the problem in the housing bubble. They were only minor players.

The private securitization of mortgages are what inflated the housing bubble.[/quote]

I will point out that you did not address the larger point which is that RP was completely correct about the housing collapse – while collecting the “kooky uncle” moniker at the same time.
Which by the way is the most mystifying thing about this whole post. While being right he is portrayed by the media as being kooky. What kind of episode of Twilight Zone are we in?
Brian are you maintaining that private securitziation could have reached those insane levels with out the backstop of the GSE’s? That sounds like a “world is flat” comment given the evidence.

[aldante]

[quote=briansd1]Yes, really.
We’ve been here before. The GSEs where not the problem in the housing bubble. They were only minor players.

The private securitization of mortgages are what inflated the housing bubble.[/quote]

I will point out that you did not address the larger point which is that RP was completely correct about the housing collapse – while collecting the “kooky uncle” moniker at the same time.
Which by the way is the most mystifying thing about this whole post. While being right he is portrayed by the media as being kooky. What kind of episode of Twilight Zone are we in?
Brian are you maintaining that private securitziation could have reached those insane levels with out the backstop of the GSE’s? That sounds like a “world is flat” comment given the evidence.

[aldante]

[quote=briansd1]Yes, really.
We’ve been here before. The GSEs where not the problem in the housing bubble. They were only minor players.

The private securitization of mortgages are what inflated the housing bubble.[/quote]

I will point out that you did not address the larger point which is that RP was completely correct about the housing collapse – while collecting the “kooky uncle” moniker at the same time.
Which by the way is the most mystifying thing about this whole post. While being right he is portrayed by the media as being kooky. What kind of episode of Twilight Zone are we in?
Brian are you maintaining that private securitziation could have reached those insane levels with out the backstop of the GSE’s? That sounds like a “world is flat” comment given the evidence.

[aldante]

[quote=briansd1]Yes, really.
We’ve been here before. The GSEs where not the problem in the housing bubble. They were only minor players.

The private securitization of mortgages are what inflated the housing bubble.[/quote]

I will point out that you did not address the larger point which is that RP was completely correct about the housing collapse – while collecting the “kooky uncle” moniker at the same time.
Which by the way is the most mystifying thing about this whole post. While being right he is portrayed by the media as being kooky. What kind of episode of Twilight Zone are we in?
Brian are you maintaining that private securitziation could have reached those insane levels with out the backstop of the GSE’s? That sounds like a “world is flat” comment given the evidence.

[aldante]

[quote=briansd1]RP being consistently wrong is not confidence inspiring.

Abolishing the Federal Reserve and letting individual banks issue notes does not make me feel financially secure.

I think that it’s important to change strategies to match new facts and realities. Isn’t it stupid to insist that the earth is flat when all the evidence points to it being round?[/quote]

Really Brian!:

http://www.ronpaul.com/2008-09-26/ron-paul-on-the-housing-bubble-july-2002/

I can’t speak to how you FEEL….but this does speak to RP being right.

[aldante]

[quote=briansd1]RP being consistently wrong is not confidence inspiring.

Abolishing the Federal Reserve and letting individual banks issue notes does not make me feel financially secure.

I think that it’s important to change strategies to match new facts and realities. Isn’t it stupid to insist that the earth is flat when all the evidence points to it being round?[/quote]

Really Brian!:

http://www.ronpaul.com/2008-09-26/ron-paul-on-the-housing-bubble-july-2002/

I can’t speak to how you FEEL….but this does speak to RP being right.

[Author]

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