[cr]

I don’t see how it can do anything but continue to cause house prices to plummet further.

This bailout trend is only going to cause more people to default. What incentive does anyone now have to pay on houses they can’t afford and/or owe more on than they are worth?

Then, what’s to stop the Government from buying up houses directly?

This is the end of the Amercian way of life, and it’s the end of American Capitalism.

Welcome to Communism Comrades.

[cr]

I don’t see how it can do anything but continue to cause house prices to plummet further.

This bailout trend is only going to cause more people to default. What incentive does anyone now have to pay on houses they can’t afford and/or owe more on than they are worth?

Then, what’s to stop the Government from buying up houses directly?

This is the end of the Amercian way of life, and it’s the end of American Capitalism.

Welcome to Communism Comrades.

[cr]

I don’t see how it can do anything but continue to cause house prices to plummet further.

This bailout trend is only going to cause more people to default. What incentive does anyone now have to pay on houses they can’t afford and/or owe more on than they are worth?

Then, what’s to stop the Government from buying up houses directly?

This is the end of the Amercian way of life, and it’s the end of American Capitalism.

Welcome to Communism Comrades.

[cr]

I don’t see how it can do anything but continue to cause house prices to plummet further.

This bailout trend is only going to cause more people to default. What incentive does anyone now have to pay on houses they can’t afford and/or owe more on than they are worth?

Then, what’s to stop the Government from buying up houses directly?

This is the end of the Amercian way of life, and it’s the end of American Capitalism.

Welcome to Communism Comrades.

[cr]

Today was a forced rally.

To me it just shows how many traders really expected this decline to continue.

So the shorts are covered, now what? These banks are suddenly profitable again?

Yeah right.

Fleckenstein (the mullet) ripped the shorting ban last night with a great line in response to the claim that shorting artificially drove prices down, and said that if the prices are artifically low, then where are the buyers?

Look at the stocks that aren’t up today, and I think it’s telling of what’s really happening. This quasi-government induced rally is only designed to pad the holdings the Government just bought with more of our borrowed money.

It will end and stocks will plummet back to where they need to be.

[cr]

Today was a forced rally.

To me it just shows how many traders really expected this decline to continue.

So the shorts are covered, now what? These banks are suddenly profitable again?

Yeah right.

Fleckenstein (the mullet) ripped the shorting ban last night with a great line in response to the claim that shorting artificially drove prices down, and said that if the prices are artifically low, then where are the buyers?

Look at the stocks that aren’t up today, and I think it’s telling of what’s really happening. This quasi-government induced rally is only designed to pad the holdings the Government just bought with more of our borrowed money.

It will end and stocks will plummet back to where they need to be.

[cr]

Today was a forced rally.

To me it just shows how many traders really expected this decline to continue.

So the shorts are covered, now what? These banks are suddenly profitable again?

Yeah right.

Fleckenstein (the mullet) ripped the shorting ban last night with a great line in response to the claim that shorting artificially drove prices down, and said that if the prices are artifically low, then where are the buyers?

Look at the stocks that aren’t up today, and I think it’s telling of what’s really happening. This quasi-government induced rally is only designed to pad the holdings the Government just bought with more of our borrowed money.

It will end and stocks will plummet back to where they need to be.

[cr]

Today was a forced rally.

To me it just shows how many traders really expected this decline to continue.

So the shorts are covered, now what? These banks are suddenly profitable again?

Yeah right.

Fleckenstein (the mullet) ripped the shorting ban last night with a great line in response to the claim that shorting artificially drove prices down, and said that if the prices are artifically low, then where are the buyers?

Look at the stocks that aren’t up today, and I think it’s telling of what’s really happening. This quasi-government induced rally is only designed to pad the holdings the Government just bought with more of our borrowed money.

It will end and stocks will plummet back to where they need to be.

[cr]

Today was a forced rally.

To me it just shows how many traders really expected this decline to continue.

So the shorts are covered, now what? These banks are suddenly profitable again?

Yeah right.

Fleckenstein (the mullet) ripped the shorting ban last night with a great line in response to the claim that shorting artificially drove prices down, and said that if the prices are artifically low, then where are the buyers?

Look at the stocks that aren’t up today, and I think it’s telling of what’s really happening. This quasi-government induced rally is only designed to pad the holdings the Government just bought with more of our borrowed money.

It will end and stocks will plummet back to where they need to be.

[cr]

It wasn’t Bush, it was the OFHEO.

http://www.washingtonpost.com/wp-dyn/content/article/2008/03/19/AR2008031900776_pf.html

Bush is a scapegoat for Obamanation.

The fact is everyone was making money hand over fist so long as RE prices rose. No one stopped to think about the ramifications if prices eveen stopped going up, much less declined. And if they did, they were probably bought out.

Conspiracy or not it was short-sighted, irresponsible, and reckless.

The governments response is more of the same, and today’s rally only makes the true correction needed worse.

[cr]

It wasn’t Bush, it was the OFHEO.

http://www.washingtonpost.com/wp-dyn/content/article/2008/03/19/AR2008031900776_pf.html

Bush is a scapegoat for Obamanation.

The fact is everyone was making money hand over fist so long as RE prices rose. No one stopped to think about the ramifications if prices eveen stopped going up, much less declined. And if they did, they were probably bought out.

Conspiracy or not it was short-sighted, irresponsible, and reckless.

The governments response is more of the same, and today’s rally only makes the true correction needed worse.

[cr]

It wasn’t Bush, it was the OFHEO.

http://www.washingtonpost.com/wp-dyn/content/article/2008/03/19/AR2008031900776_pf.html

Bush is a scapegoat for Obamanation.

The fact is everyone was making money hand over fist so long as RE prices rose. No one stopped to think about the ramifications if prices eveen stopped going up, much less declined. And if they did, they were probably bought out.

Conspiracy or not it was short-sighted, irresponsible, and reckless.

The governments response is more of the same, and today’s rally only makes the true correction needed worse.

[cr]

It wasn’t Bush, it was the OFHEO.

http://www.washingtonpost.com/wp-dyn/content/article/2008/03/19/AR2008031900776_pf.html

Bush is a scapegoat for Obamanation.

The fact is everyone was making money hand over fist so long as RE prices rose. No one stopped to think about the ramifications if prices eveen stopped going up, much less declined. And if they did, they were probably bought out.

Conspiracy or not it was short-sighted, irresponsible, and reckless.

The governments response is more of the same, and today’s rally only makes the true correction needed worse.

[cr]

It wasn’t Bush, it was the OFHEO.

http://www.washingtonpost.com/wp-dyn/content/article/2008/03/19/AR2008031900776_pf.html

Bush is a scapegoat for Obamanation.

The fact is everyone was making money hand over fist so long as RE prices rose. No one stopped to think about the ramifications if prices eveen stopped going up, much less declined. And if they did, they were probably bought out.

Conspiracy or not it was short-sighted, irresponsible, and reckless.

The governments response is more of the same, and today’s rally only makes the true correction needed worse.

[cr]

This worked in the 80’s because back then we were still a savings-based society.

That handi-work pushed us into becoming a debt society, borrowing from our future to pay for today.

20 years of that and the piper returns, only now the government is throwing more money we don’t have at the problem.

This feeble attempt to mitigate fear and panic will deepen our debt, further weaken our nation’s financial credibility and in the end only make things worse.

Why should anyone else pay off their debts now?

[Author]

Posts