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DWCAP
ParticipantAnd………
Is the point to demenstrate that Life isnt fair, no matter how much we may want it to be?It also would be alot better if the legacy kids had parents that could help them as they worked in the field and had old matterials they could copy from instead of instant points. Even people who are given everything can still fail at life. I know one or two of those failures, or atleast I use to.
DWCAP
Participantdamn…..
DWCAP
Participantdamn…..
DWCAP
Participantdamn…..
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Participantdamn…..
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Participantdamn…..
DWCAP
ParticipantWell alittle more research into it and as I expected there is no real difference. It is TARP redux, cept this time it is bigger and badder cause it is 33% bigger and private equity is gonna join. I am guessing that they will manage these for the GOV for a fee too, and sure enough in a year or two they will make money no matter what happens. Really “sharing the losses”.
“Geithner and Bernanke clearly do not understand the problem. The reality is are few credit worthy borrowers to lend to and therefore no reason for banks to lend. Moreover, with rampant overcapacity and a slowing economy there is no good reason for credit worthy borrowers to borrow.”-Mish
Atleast someone understands.
http://globaleconomicanalysis.blogspot.com/2009/03/geithners-galling-and-dangerous-plan.htmlDWCAP
ParticipantWell alittle more research into it and as I expected there is no real difference. It is TARP redux, cept this time it is bigger and badder cause it is 33% bigger and private equity is gonna join. I am guessing that they will manage these for the GOV for a fee too, and sure enough in a year or two they will make money no matter what happens. Really “sharing the losses”.
“Geithner and Bernanke clearly do not understand the problem. The reality is are few credit worthy borrowers to lend to and therefore no reason for banks to lend. Moreover, with rampant overcapacity and a slowing economy there is no good reason for credit worthy borrowers to borrow.”-Mish
Atleast someone understands.
http://globaleconomicanalysis.blogspot.com/2009/03/geithners-galling-and-dangerous-plan.htmlDWCAP
ParticipantWell alittle more research into it and as I expected there is no real difference. It is TARP redux, cept this time it is bigger and badder cause it is 33% bigger and private equity is gonna join. I am guessing that they will manage these for the GOV for a fee too, and sure enough in a year or two they will make money no matter what happens. Really “sharing the losses”.
“Geithner and Bernanke clearly do not understand the problem. The reality is are few credit worthy borrowers to lend to and therefore no reason for banks to lend. Moreover, with rampant overcapacity and a slowing economy there is no good reason for credit worthy borrowers to borrow.”-Mish
Atleast someone understands.
http://globaleconomicanalysis.blogspot.com/2009/03/geithners-galling-and-dangerous-plan.htmlDWCAP
ParticipantWell alittle more research into it and as I expected there is no real difference. It is TARP redux, cept this time it is bigger and badder cause it is 33% bigger and private equity is gonna join. I am guessing that they will manage these for the GOV for a fee too, and sure enough in a year or two they will make money no matter what happens. Really “sharing the losses”.
“Geithner and Bernanke clearly do not understand the problem. The reality is are few credit worthy borrowers to lend to and therefore no reason for banks to lend. Moreover, with rampant overcapacity and a slowing economy there is no good reason for credit worthy borrowers to borrow.”-Mish
Atleast someone understands.
http://globaleconomicanalysis.blogspot.com/2009/03/geithners-galling-and-dangerous-plan.htmlDWCAP
ParticipantWell alittle more research into it and as I expected there is no real difference. It is TARP redux, cept this time it is bigger and badder cause it is 33% bigger and private equity is gonna join. I am guessing that they will manage these for the GOV for a fee too, and sure enough in a year or two they will make money no matter what happens. Really “sharing the losses”.
“Geithner and Bernanke clearly do not understand the problem. The reality is are few credit worthy borrowers to lend to and therefore no reason for banks to lend. Moreover, with rampant overcapacity and a slowing economy there is no good reason for credit worthy borrowers to borrow.”-Mish
Atleast someone understands.
http://globaleconomicanalysis.blogspot.com/2009/03/geithners-galling-and-dangerous-plan.htmlDWCAP
ParticipantWhy would this put a floor under housing? The only way that would happen is if the real problem was that good credit risks couldnt get loans. This isnt the problem. Good credit risks, people with jobs, and real DP’s, and good credit histories, can get loans that historically speaking are retarded for the banks to be doing. But they are there, loaning away, at 4.5% again.
Or I guess if the banks didnt learn their lesson and started lending to all warm bodies regardless then housing will have a floor put under it. But we would be right back here again soon enough, and then people would get linched.
No, this is all about stopping the overcorrection from trend. We will revert to normal relationships compared to incomes.
All the other stuff is BS from/for the guys who bought Congress calling in their chips.DWCAP
ParticipantWhy would this put a floor under housing? The only way that would happen is if the real problem was that good credit risks couldnt get loans. This isnt the problem. Good credit risks, people with jobs, and real DP’s, and good credit histories, can get loans that historically speaking are retarded for the banks to be doing. But they are there, loaning away, at 4.5% again.
Or I guess if the banks didnt learn their lesson and started lending to all warm bodies regardless then housing will have a floor put under it. But we would be right back here again soon enough, and then people would get linched.
No, this is all about stopping the overcorrection from trend. We will revert to normal relationships compared to incomes.
All the other stuff is BS from/for the guys who bought Congress calling in their chips.DWCAP
ParticipantWhy would this put a floor under housing? The only way that would happen is if the real problem was that good credit risks couldnt get loans. This isnt the problem. Good credit risks, people with jobs, and real DP’s, and good credit histories, can get loans that historically speaking are retarded for the banks to be doing. But they are there, loaning away, at 4.5% again.
Or I guess if the banks didnt learn their lesson and started lending to all warm bodies regardless then housing will have a floor put under it. But we would be right back here again soon enough, and then people would get linched.
No, this is all about stopping the overcorrection from trend. We will revert to normal relationships compared to incomes.
All the other stuff is BS from/for the guys who bought Congress calling in their chips. -
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