[EconProf]

Both Obama and McCain are in a contest to out-promise the other as to what they will do to help the “beseiged homeowner”.
Just once, at one of the debates or town hall meetings, I’d like to hear the following question from a renter in the audience:
“Mr. candidate, for years I’ve been saving up to buy a house, but they kept going up and were just out of my financial reach. But the last couple of years they fell and are now almost affordable. Will your administration let them fall more so I can buy?

[EconProf]

Both Obama and McCain are in a contest to out-promise the other as to what they will do to help the “beseiged homeowner”.
Just once, at one of the debates or town hall meetings, I’d like to hear the following question from a renter in the audience:
“Mr. candidate, for years I’ve been saving up to buy a house, but they kept going up and were just out of my financial reach. But the last couple of years they fell and are now almost affordable. Will your administration let them fall more so I can buy?

[EconProf]

Both Obama and McCain are in a contest to out-promise the other as to what they will do to help the “beseiged homeowner”.
Just once, at one of the debates or town hall meetings, I’d like to hear the following question from a renter in the audience:
“Mr. candidate, for years I’ve been saving up to buy a house, but they kept going up and were just out of my financial reach. But the last couple of years they fell and are now almost affordable. Will your administration let them fall more so I can buy?

[EconProf]

Both Obama and McCain are in a contest to out-promise the other as to what they will do to help the “beseiged homeowner”.
Just once, at one of the debates or town hall meetings, I’d like to hear the following question from a renter in the audience:
“Mr. candidate, for years I’ve been saving up to buy a house, but they kept going up and were just out of my financial reach. But the last couple of years they fell and are now almost affordable. Will your administration let them fall more so I can buy?

[EconProf]

The parallels with today are uncanny. Certain characteristics of that panic are with us today: excessive leverage (aka gearing), contagion from one company or industry to others, negative feedback loops (then called vicious cycles), a panic atmosphere, an attempt to get liquid by all parties, and a solution (or today’s attempted solution) by a strong party–today the Fed, in 1907, J. P. Morgan, who browbeat fellow bankers to collectively come to the rescue.
Hmmm, since the Fed is not yet successful in bringing stability, the jury is still out as to whether or not the J. P. Morgan approach will prove to be more successful.

[EconProf]

The parallels with today are uncanny. Certain characteristics of that panic are with us today: excessive leverage (aka gearing), contagion from one company or industry to others, negative feedback loops (then called vicious cycles), a panic atmosphere, an attempt to get liquid by all parties, and a solution (or today’s attempted solution) by a strong party–today the Fed, in 1907, J. P. Morgan, who browbeat fellow bankers to collectively come to the rescue.
Hmmm, since the Fed is not yet successful in bringing stability, the jury is still out as to whether or not the J. P. Morgan approach will prove to be more successful.

[EconProf]

The parallels with today are uncanny. Certain characteristics of that panic are with us today: excessive leverage (aka gearing), contagion from one company or industry to others, negative feedback loops (then called vicious cycles), a panic atmosphere, an attempt to get liquid by all parties, and a solution (or today’s attempted solution) by a strong party–today the Fed, in 1907, J. P. Morgan, who browbeat fellow bankers to collectively come to the rescue.
Hmmm, since the Fed is not yet successful in bringing stability, the jury is still out as to whether or not the J. P. Morgan approach will prove to be more successful.

[EconProf]

The parallels with today are uncanny. Certain characteristics of that panic are with us today: excessive leverage (aka gearing), contagion from one company or industry to others, negative feedback loops (then called vicious cycles), a panic atmosphere, an attempt to get liquid by all parties, and a solution (or today’s attempted solution) by a strong party–today the Fed, in 1907, J. P. Morgan, who browbeat fellow bankers to collectively come to the rescue.
Hmmm, since the Fed is not yet successful in bringing stability, the jury is still out as to whether or not the J. P. Morgan approach will prove to be more successful.

[EconProf]

The parallels with today are uncanny. Certain characteristics of that panic are with us today: excessive leverage (aka gearing), contagion from one company or industry to others, negative feedback loops (then called vicious cycles), a panic atmosphere, an attempt to get liquid by all parties, and a solution (or today’s attempted solution) by a strong party–today the Fed, in 1907, J. P. Morgan, who browbeat fellow bankers to collectively come to the rescue.
Hmmm, since the Fed is not yet successful in bringing stability, the jury is still out as to whether or not the J. P. Morgan approach will prove to be more successful.

[EconProf]

The analyst quoted, Meredith Whitney, has a terrific record for being super pessimistic, and super correct. She is now, finally, being taken seriously.

[EconProf]

The analyst quoted, Meredith Whitney, has a terrific record for being super pessimistic, and super correct. She is now, finally, being taken seriously.

[EconProf]

The analyst quoted, Meredith Whitney, has a terrific record for being super pessimistic, and super correct. She is now, finally, being taken seriously.

[EconProf]

The analyst quoted, Meredith Whitney, has a terrific record for being super pessimistic, and super correct. She is now, finally, being taken seriously.

[EconProf]

The analyst quoted, Meredith Whitney, has a terrific record for being super pessimistic, and super correct. She is now, finally, being taken seriously.

[EconProf]

TuVu: your friend’s experience, and mine, suggest that the Tax Assessor is so overwhelmed with appeals that they are granting them readily.
Anyone else here get that quick an acceptance on their appeal?

[Author]

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