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patientrenter
Participant[quote=davelj]the regulations and capital requirements should change….[/quote]
I agree, but I’d tweak by making the step-up in capital smooth instead of having breakpoints. Why? ‘Cos there’s a lot of mischief done in trying to get just under the wire. And I’m a former mathematician, so what the hell, I love nonlinear formulas 🙂
Participant[quote=davelj]the regulations and capital requirements should change….[/quote]
I agree, but I’d tweak by making the step-up in capital smooth instead of having breakpoints. Why? ‘Cos there’s a lot of mischief done in trying to get just under the wire. And I’m a former mathematician, so what the hell, I love nonlinear formulas 🙂
Participant[quote=davelj]the regulations and capital requirements should change….[/quote]
I agree, but I’d tweak by making the step-up in capital smooth instead of having breakpoints. Why? ‘Cos there’s a lot of mischief done in trying to get just under the wire. And I’m a former mathematician, so what the hell, I love nonlinear formulas 🙂
December 13, 2009 at 4:10 PM in reply to: Sooo tired of this: Another Poor Underwater “Homeowner” Article in the UT #493719ParticipantWhen will this madness end?
That’s a philosophical question. Will the earth live on after I die? If it ends when I die, then that’s when this madness will end. When the human species dies off, will the same madness live on in another species? Hard to tell.
You can be guaranteed that the madness that we see today will continue as long as you live, Mark. Is that good enough?
I too am disgusted at the two-facedness of almost everyone involved. No one was protesting and changing laws when homeowners were reaping huge gains in excess of their loans on the upswing. Are we going back now to claw back all those realized bubble gains on RE sales? It’s total hypocrisy.
December 13, 2009 at 4:10 PM in reply to: Sooo tired of this: Another Poor Underwater “Homeowner” Article in the UT #493878ParticipantWhen will this madness end?
That’s a philosophical question. Will the earth live on after I die? If it ends when I die, then that’s when this madness will end. When the human species dies off, will the same madness live on in another species? Hard to tell.
You can be guaranteed that the madness that we see today will continue as long as you live, Mark. Is that good enough?
I too am disgusted at the two-facedness of almost everyone involved. No one was protesting and changing laws when homeowners were reaping huge gains in excess of their loans on the upswing. Are we going back now to claw back all those realized bubble gains on RE sales? It’s total hypocrisy.
December 13, 2009 at 4:10 PM in reply to: Sooo tired of this: Another Poor Underwater “Homeowner” Article in the UT #494265ParticipantWhen will this madness end?
That’s a philosophical question. Will the earth live on after I die? If it ends when I die, then that’s when this madness will end. When the human species dies off, will the same madness live on in another species? Hard to tell.
You can be guaranteed that the madness that we see today will continue as long as you live, Mark. Is that good enough?
I too am disgusted at the two-facedness of almost everyone involved. No one was protesting and changing laws when homeowners were reaping huge gains in excess of their loans on the upswing. Are we going back now to claw back all those realized bubble gains on RE sales? It’s total hypocrisy.
December 13, 2009 at 4:10 PM in reply to: Sooo tired of this: Another Poor Underwater “Homeowner” Article in the UT #494353ParticipantWhen will this madness end?
That’s a philosophical question. Will the earth live on after I die? If it ends when I die, then that’s when this madness will end. When the human species dies off, will the same madness live on in another species? Hard to tell.
You can be guaranteed that the madness that we see today will continue as long as you live, Mark. Is that good enough?
I too am disgusted at the two-facedness of almost everyone involved. No one was protesting and changing laws when homeowners were reaping huge gains in excess of their loans on the upswing. Are we going back now to claw back all those realized bubble gains on RE sales? It’s total hypocrisy.
December 13, 2009 at 4:10 PM in reply to: Sooo tired of this: Another Poor Underwater “Homeowner” Article in the UT #494593ParticipantWhen will this madness end?
That’s a philosophical question. Will the earth live on after I die? If it ends when I die, then that’s when this madness will end. When the human species dies off, will the same madness live on in another species? Hard to tell.
You can be guaranteed that the madness that we see today will continue as long as you live, Mark. Is that good enough?
I too am disgusted at the two-facedness of almost everyone involved. No one was protesting and changing laws when homeowners were reaping huge gains in excess of their loans on the upswing. Are we going back now to claw back all those realized bubble gains on RE sales? It’s total hypocrisy.
Participant[quote=sdrealtor]…..I know self-employed people with OA that just cant document income so they used them….[/quote]
It’s fascinating to me how many ‘respectable’ pillars of society accept obvious income tax fraud as perfectly normal.
Participant[quote=sdrealtor]…..I know self-employed people with OA that just cant document income so they used them….[/quote]
It’s fascinating to me how many ‘respectable’ pillars of society accept obvious income tax fraud as perfectly normal.
Participant[quote=sdrealtor]…..I know self-employed people with OA that just cant document income so they used them….[/quote]
It’s fascinating to me how many ‘respectable’ pillars of society accept obvious income tax fraud as perfectly normal.
Participant[quote=sdrealtor]…..I know self-employed people with OA that just cant document income so they used them….[/quote]
It’s fascinating to me how many ‘respectable’ pillars of society accept obvious income tax fraud as perfectly normal.
Participant[quote=sdrealtor]…..I know self-employed people with OA that just cant document income so they used them….[/quote]
It’s fascinating to me how many ‘respectable’ pillars of society accept obvious income tax fraud as perfectly normal.
Participant[quote=sdrealtor]Thanx dave. I’m just a layperson in these matters and wonder where the truth lies. I’m sure plenty others do also.[/quote]
The TARP money was necessary to paper over bank insolvency as the price of assets, and the bank loans against the assets, dropped back closer to pre-bubble values. The price of assets, especially MBS assets, is now being supported back at bubble levels by other, less visible, govt programs (like the $1.2 trillion in Fed purchases of MBS), and so most of the TARP is no longer needed. It’s a shell game, and the pea got moved to the other shell. Most of the bailout is no longer to be found under the TARP shell.
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