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cr
ParticipantThat sounds pretty desperate to me…
I say IndyMAC out business by mid 2009. The question is before or after Countrywide. Hmmm…
ParticipantThat sounds pretty desperate to me…
I say IndyMAC out business by mid 2009. The question is before or after Countrywide. Hmmm…
ParticipantThat sounds pretty desperate to me…
I say IndyMAC out business by mid 2009. The question is before or after Countrywide. Hmmm…
ParticipantI saw some of his speech this morning on CNBC. He looked pretty nervous and completely waffled on the follow up questions.
He also completely refused to speculate the likelihood of a recession, which to me is an answer in itself.
He’ll be able to blame sub-prime on the demise of financials for a while but he’s screwed no matter what now:
If he cuts rates:
– It won’t be enough to save the mortgage banks
– It will further weaken the dollar
– It will piss off the Chinese which BB isn’t “overly conerned about”If he leaves rates:
– The dollar will at best stabilize at it’s lowest point ever
– Wall Street will have another sell-offIf he raises rates:
– The dollar will be respectable eventually again
– The sub-prime mortgage crisis will play out much quicker
– Stocks will fallSomewhere Alan Greenspan is laughing…
…but hiding.
ParticipantI saw some of his speech this morning on CNBC. He looked pretty nervous and completely waffled on the follow up questions.
He also completely refused to speculate the likelihood of a recession, which to me is an answer in itself.
He’ll be able to blame sub-prime on the demise of financials for a while but he’s screwed no matter what now:
If he cuts rates:
– It won’t be enough to save the mortgage banks
– It will further weaken the dollar
– It will piss off the Chinese which BB isn’t “overly conerned about”If he leaves rates:
– The dollar will at best stabilize at it’s lowest point ever
– Wall Street will have another sell-offIf he raises rates:
– The dollar will be respectable eventually again
– The sub-prime mortgage crisis will play out much quicker
– Stocks will fallSomewhere Alan Greenspan is laughing…
…but hiding.
ParticipantI saw some of his speech this morning on CNBC. He looked pretty nervous and completely waffled on the follow up questions.
He also completely refused to speculate the likelihood of a recession, which to me is an answer in itself.
He’ll be able to blame sub-prime on the demise of financials for a while but he’s screwed no matter what now:
If he cuts rates:
– It won’t be enough to save the mortgage banks
– It will further weaken the dollar
– It will piss off the Chinese which BB isn’t “overly conerned about”If he leaves rates:
– The dollar will at best stabilize at it’s lowest point ever
– Wall Street will have another sell-offIf he raises rates:
– The dollar will be respectable eventually again
– The sub-prime mortgage crisis will play out much quicker
– Stocks will fallSomewhere Alan Greenspan is laughing…
…but hiding.
ParticipantI saw some of his speech this morning on CNBC. He looked pretty nervous and completely waffled on the follow up questions.
He also completely refused to speculate the likelihood of a recession, which to me is an answer in itself.
He’ll be able to blame sub-prime on the demise of financials for a while but he’s screwed no matter what now:
If he cuts rates:
– It won’t be enough to save the mortgage banks
– It will further weaken the dollar
– It will piss off the Chinese which BB isn’t “overly conerned about”If he leaves rates:
– The dollar will at best stabilize at it’s lowest point ever
– Wall Street will have another sell-offIf he raises rates:
– The dollar will be respectable eventually again
– The sub-prime mortgage crisis will play out much quicker
– Stocks will fallSomewhere Alan Greenspan is laughing…
…but hiding.
ParticipantThis brings up several questions:
– Is this more rhetoric from the empty-head congress to appease the political issues of the moment? Wasn’t that what it was last time? Afterall, there hasn’t been much in the way of bailouts from government, (excluding the FEDs bank bailouts)
– Aren’t the majority of people, as the bulls point to as housing strength, paying their mortgages on times, and therefor against such proposals?
– And even if all these bailouts did happen, would it stop the 50% correction housing needs?
Someone should ask these people how they plan for the next wave of homeowners to be able to buy houses if they artificially prop up inflated prices.
ParticipantThis brings up several questions:
– Is this more rhetoric from the empty-head congress to appease the political issues of the moment? Wasn’t that what it was last time? Afterall, there hasn’t been much in the way of bailouts from government, (excluding the FEDs bank bailouts)
– Aren’t the majority of people, as the bulls point to as housing strength, paying their mortgages on times, and therefor against such proposals?
– And even if all these bailouts did happen, would it stop the 50% correction housing needs?
Someone should ask these people how they plan for the next wave of homeowners to be able to buy houses if they artificially prop up inflated prices.
ParticipantThis brings up several questions:
– Is this more rhetoric from the empty-head congress to appease the political issues of the moment? Wasn’t that what it was last time? Afterall, there hasn’t been much in the way of bailouts from government, (excluding the FEDs bank bailouts)
– Aren’t the majority of people, as the bulls point to as housing strength, paying their mortgages on times, and therefor against such proposals?
– And even if all these bailouts did happen, would it stop the 50% correction housing needs?
Someone should ask these people how they plan for the next wave of homeowners to be able to buy houses if they artificially prop up inflated prices.
ParticipantThis brings up several questions:
– Is this more rhetoric from the empty-head congress to appease the political issues of the moment? Wasn’t that what it was last time? Afterall, there hasn’t been much in the way of bailouts from government, (excluding the FEDs bank bailouts)
– Aren’t the majority of people, as the bulls point to as housing strength, paying their mortgages on times, and therefor against such proposals?
– And even if all these bailouts did happen, would it stop the 50% correction housing needs?
Someone should ask these people how they plan for the next wave of homeowners to be able to buy houses if they artificially prop up inflated prices.
ParticipantThrow in a free iPod to the buyer!
People love free stuff.
ParticipantThrow in a free iPod to the buyer!
People love free stuff.
ParticipantThrow in a free iPod to the buyer!
People love free stuff.
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