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peterb
ParticipantWill the mod make the loan “non-recourse”? What amount levels will be allowed to participate?
Methinks this is a non starter, at least in CA.ParticipantWill the mod make the loan “non-recourse”? What amount levels will be allowed to participate?
Methinks this is a non starter, at least in CA.ParticipantWill the mod make the loan “non-recourse”? What amount levels will be allowed to participate?
Methinks this is a non starter, at least in CA.February 18, 2009 at 11:13 AM in reply to: Make full-year payments to owners receiving Section 8 housing vouchers #348917ParticipantSection 8 = nightmare
February 18, 2009 at 11:13 AM in reply to: Make full-year payments to owners receiving Section 8 housing vouchers #349235ParticipantSection 8 = nightmare
February 18, 2009 at 11:13 AM in reply to: Make full-year payments to owners receiving Section 8 housing vouchers #349355ParticipantSection 8 = nightmare
February 18, 2009 at 11:13 AM in reply to: Make full-year payments to owners receiving Section 8 housing vouchers #349390ParticipantSection 8 = nightmare
February 18, 2009 at 11:13 AM in reply to: Make full-year payments to owners receiving Section 8 housing vouchers #349490ParticipantSection 8 = nightmare
ParticipantI agree with Breeze on this one. Fractional reserve is like a pit bull. Very useful if kept in check. But can be very bad if allowed to get outta hand. Which every so many decadeds seems to happen. Human nature I suppose. Creating money outta thin air is just too tempting to be kept at bay for too long. Steven Keen has some really interesting insight on his website about this.
But look at countries with undeveloped banking systems, they suck. It’s a good thing, it just needs careful oversight.The FDIC insures deposit at a certain limit. It is not nationalization. It does not protect investors, debt holders or the solvency of the bank. That’s all been happening illegaly by our govt at this time. But it’s not the FDIC.
ParticipantI agree with Breeze on this one. Fractional reserve is like a pit bull. Very useful if kept in check. But can be very bad if allowed to get outta hand. Which every so many decadeds seems to happen. Human nature I suppose. Creating money outta thin air is just too tempting to be kept at bay for too long. Steven Keen has some really interesting insight on his website about this.
But look at countries with undeveloped banking systems, they suck. It’s a good thing, it just needs careful oversight.The FDIC insures deposit at a certain limit. It is not nationalization. It does not protect investors, debt holders or the solvency of the bank. That’s all been happening illegaly by our govt at this time. But it’s not the FDIC.
ParticipantI agree with Breeze on this one. Fractional reserve is like a pit bull. Very useful if kept in check. But can be very bad if allowed to get outta hand. Which every so many decadeds seems to happen. Human nature I suppose. Creating money outta thin air is just too tempting to be kept at bay for too long. Steven Keen has some really interesting insight on his website about this.
But look at countries with undeveloped banking systems, they suck. It’s a good thing, it just needs careful oversight.The FDIC insures deposit at a certain limit. It is not nationalization. It does not protect investors, debt holders or the solvency of the bank. That’s all been happening illegaly by our govt at this time. But it’s not the FDIC.
ParticipantI agree with Breeze on this one. Fractional reserve is like a pit bull. Very useful if kept in check. But can be very bad if allowed to get outta hand. Which every so many decadeds seems to happen. Human nature I suppose. Creating money outta thin air is just too tempting to be kept at bay for too long. Steven Keen has some really interesting insight on his website about this.
But look at countries with undeveloped banking systems, they suck. It’s a good thing, it just needs careful oversight.The FDIC insures deposit at a certain limit. It is not nationalization. It does not protect investors, debt holders or the solvency of the bank. That’s all been happening illegaly by our govt at this time. But it’s not the FDIC.
ParticipantI agree with Breeze on this one. Fractional reserve is like a pit bull. Very useful if kept in check. But can be very bad if allowed to get outta hand. Which every so many decadeds seems to happen. Human nature I suppose. Creating money outta thin air is just too tempting to be kept at bay for too long. Steven Keen has some really interesting insight on his website about this.
But look at countries with undeveloped banking systems, they suck. It’s a good thing, it just needs careful oversight.The FDIC insures deposit at a certain limit. It is not nationalization. It does not protect investors, debt holders or the solvency of the bank. That’s all been happening illegaly by our govt at this time. But it’s not the FDIC.
ParticipantA bond is a debt and we’re going through a major debt implosion scenario right now. I would avoid them completley. Your cash is very valuable right now and will probably remain so for the foreseeable future. Protect it from loss. The CPI is going negative and the US$ is going up in value. Where ever you decide to put it, just make sure you can get it back later on. That’s #1 priority in this environment. IMO.
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