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Ex-SD
ParticipantDWCAP wrote: “Do markets go back to melting down no matter what the GOV does in a few weeks if nothing is passed soon?”
Yep, I believe that they will. We would see a short term surge but then it’s going to crash. This bailout is a crock of crap. It’s not going to be the end of the world if they don’t bail out Wall Street and the banks. If they’re that weak, let ’em fail and let the strong survive. They need to raise the limits on FDIC insurance and that will give the public confidence in the banks that survive.
ParticipantDWCAP wrote: “Do markets go back to melting down no matter what the GOV does in a few weeks if nothing is passed soon?”
Yep, I believe that they will. We would see a short term surge but then it’s going to crash. This bailout is a crock of crap. It’s not going to be the end of the world if they don’t bail out Wall Street and the banks. If they’re that weak, let ’em fail and let the strong survive. They need to raise the limits on FDIC insurance and that will give the public confidence in the banks that survive.
ParticipantDWCAP wrote: “Do markets go back to melting down no matter what the GOV does in a few weeks if nothing is passed soon?”
Yep, I believe that they will. We would see a short term surge but then it’s going to crash. This bailout is a crock of crap. It’s not going to be the end of the world if they don’t bail out Wall Street and the banks. If they’re that weak, let ’em fail and let the strong survive. They need to raise the limits on FDIC insurance and that will give the public confidence in the banks that survive.
ParticipantDWCAP wrote: “Do markets go back to melting down no matter what the GOV does in a few weeks if nothing is passed soon?”
Yep, I believe that they will. We would see a short term surge but then it’s going to crash. This bailout is a crock of crap. It’s not going to be the end of the world if they don’t bail out Wall Street and the banks. If they’re that weak, let ’em fail and let the strong survive. They need to raise the limits on FDIC insurance and that will give the public confidence in the banks that survive.
ParticipantI think that TG’s area is within 10-15% of their bottom (if not at the bottom) right now. Mortgage rates are absolutely going to rise within the next year and beyond.
TG’s posts have always exhibited someone who was doing their homework and using logic and rationale rather than bending towards emotion towards buying a home.
That being said, I think he’s probably going to get a really good deal on a nice home and a low cost mortgage that is going to be way below what he will be able to get if he waits.
I hope it works out for you, TG.ParticipantI think that TG’s area is within 10-15% of their bottom (if not at the bottom) right now. Mortgage rates are absolutely going to rise within the next year and beyond.
TG’s posts have always exhibited someone who was doing their homework and using logic and rationale rather than bending towards emotion towards buying a home.
That being said, I think he’s probably going to get a really good deal on a nice home and a low cost mortgage that is going to be way below what he will be able to get if he waits.
I hope it works out for you, TG.ParticipantI think that TG’s area is within 10-15% of their bottom (if not at the bottom) right now. Mortgage rates are absolutely going to rise within the next year and beyond.
TG’s posts have always exhibited someone who was doing their homework and using logic and rationale rather than bending towards emotion towards buying a home.
That being said, I think he’s probably going to get a really good deal on a nice home and a low cost mortgage that is going to be way below what he will be able to get if he waits.
I hope it works out for you, TG.ParticipantI think that TG’s area is within 10-15% of their bottom (if not at the bottom) right now. Mortgage rates are absolutely going to rise within the next year and beyond.
TG’s posts have always exhibited someone who was doing their homework and using logic and rationale rather than bending towards emotion towards buying a home.
That being said, I think he’s probably going to get a really good deal on a nice home and a low cost mortgage that is going to be way below what he will be able to get if he waits.
I hope it works out for you, TG.ParticipantI think that TG’s area is within 10-15% of their bottom (if not at the bottom) right now. Mortgage rates are absolutely going to rise within the next year and beyond.
TG’s posts have always exhibited someone who was doing their homework and using logic and rationale rather than bending towards emotion towards buying a home.
That being said, I think he’s probably going to get a really good deal on a nice home and a low cost mortgage that is going to be way below what he will be able to get if he waits.
I hope it works out for you, TG.September 19, 2008 at 12:37 PM in reply to: Clinton, Republicans agree to deregulation of US financial system #272771Participantpatientlywaiting: I wasn’t making a case for Bush. I was simply pointing out the facts that seemed to have been trampled on quite often on this forum (and others) surrounding how this whole thing got a big boost back in 1999. And as the facts state, good ole Slick Willie, Bill Clinton, was in lockstep with the evil Republicans, wasn’t he? Facts are facts……………that was the point and it had nothing to do with GWB, Bush has been a terrible President and he’s certainly not on my hit parade of good politicians but he’s NOT the creator of this out of control economic situation that I like to call, “The Big Mess”.
September 19, 2008 at 12:37 PM in reply to: Clinton, Republicans agree to deregulation of US financial system #273016Participantpatientlywaiting: I wasn’t making a case for Bush. I was simply pointing out the facts that seemed to have been trampled on quite often on this forum (and others) surrounding how this whole thing got a big boost back in 1999. And as the facts state, good ole Slick Willie, Bill Clinton, was in lockstep with the evil Republicans, wasn’t he? Facts are facts……………that was the point and it had nothing to do with GWB, Bush has been a terrible President and he’s certainly not on my hit parade of good politicians but he’s NOT the creator of this out of control economic situation that I like to call, “The Big Mess”.
September 19, 2008 at 12:37 PM in reply to: Clinton, Republicans agree to deregulation of US financial system #273021Participantpatientlywaiting: I wasn’t making a case for Bush. I was simply pointing out the facts that seemed to have been trampled on quite often on this forum (and others) surrounding how this whole thing got a big boost back in 1999. And as the facts state, good ole Slick Willie, Bill Clinton, was in lockstep with the evil Republicans, wasn’t he? Facts are facts……………that was the point and it had nothing to do with GWB, Bush has been a terrible President and he’s certainly not on my hit parade of good politicians but he’s NOT the creator of this out of control economic situation that I like to call, “The Big Mess”.
September 19, 2008 at 12:37 PM in reply to: Clinton, Republicans agree to deregulation of US financial system #273064Participantpatientlywaiting: I wasn’t making a case for Bush. I was simply pointing out the facts that seemed to have been trampled on quite often on this forum (and others) surrounding how this whole thing got a big boost back in 1999. And as the facts state, good ole Slick Willie, Bill Clinton, was in lockstep with the evil Republicans, wasn’t he? Facts are facts……………that was the point and it had nothing to do with GWB, Bush has been a terrible President and he’s certainly not on my hit parade of good politicians but he’s NOT the creator of this out of control economic situation that I like to call, “The Big Mess”.
September 19, 2008 at 12:37 PM in reply to: Clinton, Republicans agree to deregulation of US financial system #273088Participantpatientlywaiting: I wasn’t making a case for Bush. I was simply pointing out the facts that seemed to have been trampled on quite often on this forum (and others) surrounding how this whole thing got a big boost back in 1999. And as the facts state, good ole Slick Willie, Bill Clinton, was in lockstep with the evil Republicans, wasn’t he? Facts are facts……………that was the point and it had nothing to do with GWB, Bush has been a terrible President and he’s certainly not on my hit parade of good politicians but he’s NOT the creator of this out of control economic situation that I like to call, “The Big Mess”.
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