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paranoid
Participant[quote=XBoxBoy] Face it, Geithner and Bernanke don’t have a clue what’s wrong, and consequently they sure aren’t going to fix this any time soon. For the next couple of years it’s just hand outs for the CEOs at the banks and a continuing decline in the economy.
XBoxBoy
[/quote]You cannot expect those same people who created the crisis at the first place to get the world out of it.
You cannot cure an addict by giving him a stronger dose of opium.
You cannot resolve an insolvency problem by creating more debt.paranoid
Participant[quote=XBoxBoy] Face it, Geithner and Bernanke don’t have a clue what’s wrong, and consequently they sure aren’t going to fix this any time soon. For the next couple of years it’s just hand outs for the CEOs at the banks and a continuing decline in the economy.
XBoxBoy
[/quote]You cannot expect those same people who created the crisis at the first place to get the world out of it.
You cannot cure an addict by giving him a stronger dose of opium.
You cannot resolve an insolvency problem by creating more debt.paranoid
Participant[quote=XBoxBoy] Face it, Geithner and Bernanke don’t have a clue what’s wrong, and consequently they sure aren’t going to fix this any time soon. For the next couple of years it’s just hand outs for the CEOs at the banks and a continuing decline in the economy.
XBoxBoy
[/quote]You cannot expect those same people who created the crisis at the first place to get the world out of it.
You cannot cure an addict by giving him a stronger dose of opium.
You cannot resolve an insolvency problem by creating more debt.paranoid
Participant[quote=XBoxBoy] Face it, Geithner and Bernanke don’t have a clue what’s wrong, and consequently they sure aren’t going to fix this any time soon. For the next couple of years it’s just hand outs for the CEOs at the banks and a continuing decline in the economy.
XBoxBoy
[/quote]You cannot expect those same people who created the crisis at the first place to get the world out of it.
You cannot cure an addict by giving him a stronger dose of opium.
You cannot resolve an insolvency problem by creating more debt.paranoid
Participant[quote=XBoxBoy] Face it, Geithner and Bernanke don’t have a clue what’s wrong, and consequently they sure aren’t going to fix this any time soon. For the next couple of years it’s just hand outs for the CEOs at the banks and a continuing decline in the economy.
XBoxBoy
[/quote]You cannot expect those same people who created the crisis at the first place to get the world out of it.
You cannot cure an addict by giving him a stronger dose of opium.
You cannot resolve an insolvency problem by creating more debt.paranoid
Participanthaha,
John Laing (Silhouette) is officially BK today.
http://lansner.freedomblogging.com/2009/02/19/oc-builders-bk-filing-977-million-in-liabilities/15115/
it reduced its number of employees from 1100 to 90.Fieldstone (Pienza) is selling its models and last phase. An array of landslots across the street of the models is foreclosed back to the lender. Who will be the lucky builder to get the lands at much lower price?
Buie (Chantclair) is rumored to follow Fieldstone soon.
How long can Maybeeck continue?
Will builders get bailout?
paranoid
Participanthaha,
John Laing (Silhouette) is officially BK today.
http://lansner.freedomblogging.com/2009/02/19/oc-builders-bk-filing-977-million-in-liabilities/15115/
it reduced its number of employees from 1100 to 90.Fieldstone (Pienza) is selling its models and last phase. An array of landslots across the street of the models is foreclosed back to the lender. Who will be the lucky builder to get the lands at much lower price?
Buie (Chantclair) is rumored to follow Fieldstone soon.
How long can Maybeeck continue?
Will builders get bailout?
paranoid
Participanthaha,
John Laing (Silhouette) is officially BK today.
http://lansner.freedomblogging.com/2009/02/19/oc-builders-bk-filing-977-million-in-liabilities/15115/
it reduced its number of employees from 1100 to 90.Fieldstone (Pienza) is selling its models and last phase. An array of landslots across the street of the models is foreclosed back to the lender. Who will be the lucky builder to get the lands at much lower price?
Buie (Chantclair) is rumored to follow Fieldstone soon.
How long can Maybeeck continue?
Will builders get bailout?
paranoid
Participanthaha,
John Laing (Silhouette) is officially BK today.
http://lansner.freedomblogging.com/2009/02/19/oc-builders-bk-filing-977-million-in-liabilities/15115/
it reduced its number of employees from 1100 to 90.Fieldstone (Pienza) is selling its models and last phase. An array of landslots across the street of the models is foreclosed back to the lender. Who will be the lucky builder to get the lands at much lower price?
Buie (Chantclair) is rumored to follow Fieldstone soon.
How long can Maybeeck continue?
Will builders get bailout?
paranoid
Participanthaha,
John Laing (Silhouette) is officially BK today.
http://lansner.freedomblogging.com/2009/02/19/oc-builders-bk-filing-977-million-in-liabilities/15115/
it reduced its number of employees from 1100 to 90.Fieldstone (Pienza) is selling its models and last phase. An array of landslots across the street of the models is foreclosed back to the lender. Who will be the lucky builder to get the lands at much lower price?
Buie (Chantclair) is rumored to follow Fieldstone soon.
How long can Maybeeck continue?
Will builders get bailout?
paranoid
Participantgn:
If banks are in denial and not willing to “give away” their lands, particularly with the bailout money from the taxpayers, this transfer of lands from one builder to another at much lower price may not happen for quite some time. doesn’t this mean that the new house price will not go down for quite some time?Banks with the bailout are much stronger than individuals. It will mean that the next major price reduction will be led by existing home sellers, not by home builders (new homes).
paranoid
Participantgn:
If banks are in denial and not willing to “give away” their lands, particularly with the bailout money from the taxpayers, this transfer of lands from one builder to another at much lower price may not happen for quite some time. doesn’t this mean that the new house price will not go down for quite some time?Banks with the bailout are much stronger than individuals. It will mean that the next major price reduction will be led by existing home sellers, not by home builders (new homes).
paranoid
Participantgn:
If banks are in denial and not willing to “give away” their lands, particularly with the bailout money from the taxpayers, this transfer of lands from one builder to another at much lower price may not happen for quite some time. doesn’t this mean that the new house price will not go down for quite some time?Banks with the bailout are much stronger than individuals. It will mean that the next major price reduction will be led by existing home sellers, not by home builders (new homes).
paranoid
Participantgn:
If banks are in denial and not willing to “give away” their lands, particularly with the bailout money from the taxpayers, this transfer of lands from one builder to another at much lower price may not happen for quite some time. doesn’t this mean that the new house price will not go down for quite some time?Banks with the bailout are much stronger than individuals. It will mean that the next major price reduction will be led by existing home sellers, not by home builders (new homes).
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