[bsrsharma]

Besides the outright taxpayer funded bailout and spiral of death, why not consider a third option – an indefinite repo by FED of GSE held MBSes. That should calm down the markets without taxpayer money.

[bsrsharma]

Japanese Shift Cash Out of U.S. Investments

TOKYO, Nov. 22 — Many in Japan are starting to speak of “quitting America,” but they are not talking about a rise in anti-American political fervor. Rather, they mean a move away from American investments that is altering global capital flows and helping to weaken the dollar.

The move is seen in decisions of individual investors like Daijo Okudaira, a 66-year-old clerk at a Tokyo consulting company. Like many Japanese, Mr. Okudaira had long limited his overseas investments to the relative safety of securities from developed countries, particularly the United States.

Starting late last year, however, Mr. Okudaira made drastic changes to his portfolio, putting $50,000 into mutual funds focusing on stocks in China and other emerging economies. He said he had been drawn to these countries because they seemed to hold much brighter growth prospects than the United States.

“People say the engine of the global economy is shifting from the United States to emerging countries,” Mr. Okudaira said. “Emerging countries have growth and energy that America and Europe lack. They remind me of Japan 40 years ago.”………..

[bsrsharma]

Japanese Shift Cash Out of U.S. Investments

TOKYO, Nov. 22 — Many in Japan are starting to speak of “quitting America,” but they are not talking about a rise in anti-American political fervor. Rather, they mean a move away from American investments that is altering global capital flows and helping to weaken the dollar.

The move is seen in decisions of individual investors like Daijo Okudaira, a 66-year-old clerk at a Tokyo consulting company. Like many Japanese, Mr. Okudaira had long limited his overseas investments to the relative safety of securities from developed countries, particularly the United States.

Starting late last year, however, Mr. Okudaira made drastic changes to his portfolio, putting $50,000 into mutual funds focusing on stocks in China and other emerging economies. He said he had been drawn to these countries because they seemed to hold much brighter growth prospects than the United States.

“People say the engine of the global economy is shifting from the United States to emerging countries,” Mr. Okudaira said. “Emerging countries have growth and energy that America and Europe lack. They remind me of Japan 40 years ago.”………..

[bsrsharma]

Japanese Shift Cash Out of U.S. Investments

TOKYO, Nov. 22 — Many in Japan are starting to speak of “quitting America,” but they are not talking about a rise in anti-American political fervor. Rather, they mean a move away from American investments that is altering global capital flows and helping to weaken the dollar.

The move is seen in decisions of individual investors like Daijo Okudaira, a 66-year-old clerk at a Tokyo consulting company. Like many Japanese, Mr. Okudaira had long limited his overseas investments to the relative safety of securities from developed countries, particularly the United States.

Starting late last year, however, Mr. Okudaira made drastic changes to his portfolio, putting $50,000 into mutual funds focusing on stocks in China and other emerging economies. He said he had been drawn to these countries because they seemed to hold much brighter growth prospects than the United States.

“People say the engine of the global economy is shifting from the United States to emerging countries,” Mr. Okudaira said. “Emerging countries have growth and energy that America and Europe lack. They remind me of Japan 40 years ago.”………..

[bsrsharma]

Japanese Shift Cash Out of U.S. Investments

TOKYO, Nov. 22 — Many in Japan are starting to speak of “quitting America,” but they are not talking about a rise in anti-American political fervor. Rather, they mean a move away from American investments that is altering global capital flows and helping to weaken the dollar.

The move is seen in decisions of individual investors like Daijo Okudaira, a 66-year-old clerk at a Tokyo consulting company. Like many Japanese, Mr. Okudaira had long limited his overseas investments to the relative safety of securities from developed countries, particularly the United States.

Starting late last year, however, Mr. Okudaira made drastic changes to his portfolio, putting $50,000 into mutual funds focusing on stocks in China and other emerging economies. He said he had been drawn to these countries because they seemed to hold much brighter growth prospects than the United States.

“People say the engine of the global economy is shifting from the United States to emerging countries,” Mr. Okudaira said. “Emerging countries have growth and energy that America and Europe lack. They remind me of Japan 40 years ago.”………..

[bsrsharma]

Japanese Shift Cash Out of U.S. Investments

TOKYO, Nov. 22 — Many in Japan are starting to speak of “quitting America,” but they are not talking about a rise in anti-American political fervor. Rather, they mean a move away from American investments that is altering global capital flows and helping to weaken the dollar.

The move is seen in decisions of individual investors like Daijo Okudaira, a 66-year-old clerk at a Tokyo consulting company. Like many Japanese, Mr. Okudaira had long limited his overseas investments to the relative safety of securities from developed countries, particularly the United States.

Starting late last year, however, Mr. Okudaira made drastic changes to his portfolio, putting $50,000 into mutual funds focusing on stocks in China and other emerging economies. He said he had been drawn to these countries because they seemed to hold much brighter growth prospects than the United States.

“People say the engine of the global economy is shifting from the United States to emerging countries,” Mr. Okudaira said. “Emerging countries have growth and energy that America and Europe lack. They remind me of Japan 40 years ago.”………..

[bsrsharma]

What do you folks think of this super-simple mother-of-all universal workouts?

Treasury can help a homeowner in mortgage distress by entering as an intermediary between the borrower and lender without much taxpayer impact.

1. The borrower stops making loan payments; the mortgage is in effect destroyed.

2. A new tripartite relationship is setup between borrower, the treasury (actually IRS, as the operating entity) and the lender.

3. The IRS, as a part of mortgage enforcement, garnishes 30% of gross income. This is very trivial as IRS already takes 7.7% payroll taxes for Social Security & Medicare. Adding an extra line to deduct 30% off the top line has near zero costs.

4. The IRS, pays out the 30% to the lender.

5. The above occurs for 30 years after which period the garnishment is stopped.

This system is similar to wage garnishment for Alimony/childcare enforcement.

I think the lender will come out better off than through mass foreclosure.

[bsrsharma]

What do you folks think of this super-simple mother-of-all universal workouts?

Treasury can help a homeowner in mortgage distress by entering as an intermediary between the borrower and lender without much taxpayer impact.

1. The borrower stops making loan payments; the mortgage is in effect destroyed.

2. A new tripartite relationship is setup between borrower, the treasury (actually IRS, as the operating entity) and the lender.

3. The IRS, as a part of mortgage enforcement, garnishes 30% of gross income. This is very trivial as IRS already takes 7.7% payroll taxes for Social Security & Medicare. Adding an extra line to deduct 30% off the top line has near zero costs.

4. The IRS, pays out the 30% to the lender.

5. The above occurs for 30 years after which period the garnishment is stopped.

This system is similar to wage garnishment for Alimony/childcare enforcement.

I think the lender will come out better off than through mass foreclosure.

[bsrsharma]

What do you folks think of this super-simple mother-of-all universal workouts?

Treasury can help a homeowner in mortgage distress by entering as an intermediary between the borrower and lender without much taxpayer impact.

1. The borrower stops making loan payments; the mortgage is in effect destroyed.

2. A new tripartite relationship is setup between borrower, the treasury (actually IRS, as the operating entity) and the lender.

3. The IRS, as a part of mortgage enforcement, garnishes 30% of gross income. This is very trivial as IRS already takes 7.7% payroll taxes for Social Security & Medicare. Adding an extra line to deduct 30% off the top line has near zero costs.

4. The IRS, pays out the 30% to the lender.

5. The above occurs for 30 years after which period the garnishment is stopped.

This system is similar to wage garnishment for Alimony/childcare enforcement.

I think the lender will come out better off than through mass foreclosure.

[bsrsharma]

What do you folks think of this super-simple mother-of-all universal workouts?

Treasury can help a homeowner in mortgage distress by entering as an intermediary between the borrower and lender without much taxpayer impact.

1. The borrower stops making loan payments; the mortgage is in effect destroyed.

2. A new tripartite relationship is setup between borrower, the treasury (actually IRS, as the operating entity) and the lender.

3. The IRS, as a part of mortgage enforcement, garnishes 30% of gross income. This is very trivial as IRS already takes 7.7% payroll taxes for Social Security & Medicare. Adding an extra line to deduct 30% off the top line has near zero costs.

4. The IRS, pays out the 30% to the lender.

5. The above occurs for 30 years after which period the garnishment is stopped.

This system is similar to wage garnishment for Alimony/childcare enforcement.

I think the lender will come out better off than through mass foreclosure.

[bsrsharma]

What do you folks think of this super-simple mother-of-all universal workouts?

Treasury can help a homeowner in mortgage distress by entering as an intermediary between the borrower and lender without much taxpayer impact.

1. The borrower stops making loan payments; the mortgage is in effect destroyed.

2. A new tripartite relationship is setup between borrower, the treasury (actually IRS, as the operating entity) and the lender.

3. The IRS, as a part of mortgage enforcement, garnishes 30% of gross income. This is very trivial as IRS already takes 7.7% payroll taxes for Social Security & Medicare. Adding an extra line to deduct 30% off the top line has near zero costs.

4. The IRS, pays out the 30% to the lender.

5. The above occurs for 30 years after which period the garnishment is stopped.

This system is similar to wage garnishment for Alimony/childcare enforcement.

I think the lender will come out better off than through mass foreclosure.

[bsrsharma]

Same from me as nccoastalseller. Having lost quite a bit in the dot bomb implosion (in spite of my conservative style – I was a knife catcher as a “value investor”), I am very thankful for this alternate medium. I discovered Piggington after I decided to sell, but it has convinced me very well on why not to buy. So I am thankful to the Internet for my financial solvency.

[bsrsharma]

Same from me as nccoastalseller. Having lost quite a bit in the dot bomb implosion (in spite of my conservative style – I was a knife catcher as a “value investor”), I am very thankful for this alternate medium. I discovered Piggington after I decided to sell, but it has convinced me very well on why not to buy. So I am thankful to the Internet for my financial solvency.

[bsrsharma]

Same from me as nccoastalseller. Having lost quite a bit in the dot bomb implosion (in spite of my conservative style – I was a knife catcher as a “value investor”), I am very thankful for this alternate medium. I discovered Piggington after I decided to sell, but it has convinced me very well on why not to buy. So I am thankful to the Internet for my financial solvency.

[bsrsharma]

Same from me as nccoastalseller. Having lost quite a bit in the dot bomb implosion (in spite of my conservative style – I was a knife catcher as a “value investor”), I am very thankful for this alternate medium. I discovered Piggington after I decided to sell, but it has convinced me very well on why not to buy. So I am thankful to the Internet for my financial solvency.

[Author]

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