[JWM in SD]

JWM in SD

Old Karl is fun to read but tends to overstate and overshoot things.

You beat me to it Dave. I also read that post on CR as well this morning during breakfast. The more interesting part of that post was what they said about Bernanke and the Fed attempting to inflate to cover the borrowing and only up to that amount. I wouldn’t be surprised if this is true, but it seems like a long shot to me and I don’t think that the FED has the degree of control necessary to accomplish equilibrium between Hyper-Inflation and Deflation.

[JWM in SD]

JWM in SD

Old Karl is fun to read but tends to overstate and overshoot things.

You beat me to it Dave. I also read that post on CR as well this morning during breakfast. The more interesting part of that post was what they said about Bernanke and the Fed attempting to inflate to cover the borrowing and only up to that amount. I wouldn’t be surprised if this is true, but it seems like a long shot to me and I don’t think that the FED has the degree of control necessary to accomplish equilibrium between Hyper-Inflation and Deflation.

[JWM in SD]

JWM in SD

Old Karl is fun to read but tends to overstate and overshoot things.

You beat me to it Dave. I also read that post on CR as well this morning during breakfast. The more interesting part of that post was what they said about Bernanke and the Fed attempting to inflate to cover the borrowing and only up to that amount. I wouldn’t be surprised if this is true, but it seems like a long shot to me and I don’t think that the FED has the degree of control necessary to accomplish equilibrium between Hyper-Inflation and Deflation.

[JWM in SD]

JWM in SD

Old Karl is fun to read but tends to overstate and overshoot things.

You beat me to it Dave. I also read that post on CR as well this morning during breakfast. The more interesting part of that post was what they said about Bernanke and the Fed attempting to inflate to cover the borrowing and only up to that amount. I wouldn’t be surprised if this is true, but it seems like a long shot to me and I don’t think that the FED has the degree of control necessary to accomplish equilibrium between Hyper-Inflation and Deflation.

[JWM in SD]

JWM in SD

Old Karl is fun to read but tends to overstate and overshoot things.

You beat me to it Dave. I also read that post on CR as well this morning during breakfast. The more interesting part of that post was what they said about Bernanke and the Fed attempting to inflate to cover the borrowing and only up to that amount. I wouldn’t be surprised if this is true, but it seems like a long shot to me and I don’t think that the FED has the degree of control necessary to accomplish equilibrium between Hyper-Inflation and Deflation.

[JWM in SD]

JWM in SD

My questions on this issue remain the same:

1. Will standards also be eased so that conforming will have a different risk profile than it does now? The head of the OFHEO has already warned that this will not work and is only papering over the increased risk levels. It is effectively the same thing that the bond ratings and and insurers did. Mis Labeled risk securities as not risky.

2. What private sector investor is going to buy this garbage knowing full well what it is?

[JWM in SD]

JWM in SD

My questions on this issue remain the same:

1. Will standards also be eased so that conforming will have a different risk profile than it does now? The head of the OFHEO has already warned that this will not work and is only papering over the increased risk levels. It is effectively the same thing that the bond ratings and and insurers did. Mis Labeled risk securities as not risky.

2. What private sector investor is going to buy this garbage knowing full well what it is?

[JWM in SD]

JWM in SD

My questions on this issue remain the same:

1. Will standards also be eased so that conforming will have a different risk profile than it does now? The head of the OFHEO has already warned that this will not work and is only papering over the increased risk levels. It is effectively the same thing that the bond ratings and and insurers did. Mis Labeled risk securities as not risky.

2. What private sector investor is going to buy this garbage knowing full well what it is?

[JWM in SD]

JWM in SD

My questions on this issue remain the same:

1. Will standards also be eased so that conforming will have a different risk profile than it does now? The head of the OFHEO has already warned that this will not work and is only papering over the increased risk levels. It is effectively the same thing that the bond ratings and and insurers did. Mis Labeled risk securities as not risky.

2. What private sector investor is going to buy this garbage knowing full well what it is?

[JWM in SD]

JWM in SD

My questions on this issue remain the same:

1. Will standards also be eased so that conforming will have a different risk profile than it does now? The head of the OFHEO has already warned that this will not work and is only papering over the increased risk levels. It is effectively the same thing that the bond ratings and and insurers did. Mis Labeled risk securities as not risky.

2. What private sector investor is going to buy this garbage knowing full well what it is?

[JWM in SD]

JWM in SD

It’s called Reversion to Mean Sd realtor. It typically overshoots. Second of all, you really have no idea how serious this situation is in the financial system of this country.

You are sounding very desperate to convince people that the damage is not going to be that bad. A year ago you didn’t think it would be as bad as it is now.

Who turned out to be right???

It wasn’t you.

[JWM in SD]

JWM in SD

It’s called Reversion to Mean Sd realtor. It typically overshoots. Second of all, you really have no idea how serious this situation is in the financial system of this country.

You are sounding very desperate to convince people that the damage is not going to be that bad. A year ago you didn’t think it would be as bad as it is now.

Who turned out to be right???

It wasn’t you.

[JWM in SD]

JWM in SD

It’s called Reversion to Mean Sd realtor. It typically overshoots. Second of all, you really have no idea how serious this situation is in the financial system of this country.

You are sounding very desperate to convince people that the damage is not going to be that bad. A year ago you didn’t think it would be as bad as it is now.

Who turned out to be right???

It wasn’t you.

[JWM in SD]

JWM in SD

It’s called Reversion to Mean Sd realtor. It typically overshoots. Second of all, you really have no idea how serious this situation is in the financial system of this country.

You are sounding very desperate to convince people that the damage is not going to be that bad. A year ago you didn’t think it would be as bad as it is now.

Who turned out to be right???

It wasn’t you.

[JWM in SD]

JWM in SD

It’s called Reversion to Mean Sd realtor. It typically overshoots. Second of all, you really have no idea how serious this situation is in the financial system of this country.

You are sounding very desperate to convince people that the damage is not going to be that bad. A year ago you didn’t think it would be as bad as it is now.

Who turned out to be right???

It wasn’t you.

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