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09-18-2008, 08:21 PM | #2 (permalink) |
Join Date: Jul 8 2008 Location: Midwest
Posts: 1,085
Rep Power: 16 | Re: Good article on the market situation This is an awesome article- it really puts things into perspective. On the morning news, they were interviewing some financial people. One of the guests said, if the government would lower to 4 7/8%, the housing crisis would be over. The country is in a terrible position, but I don't think the taxpayers should bear the burden of the lender's greed. |
09-18-2008, 08:38 PM | #3 (permalink) |
I vote for DERF! Join Date: Jan 6 2004 Location: Midwest-ish
Posts: 4,400
Rep Power: 22 | Re: Good article on the market situation The government bail-outs are in no way a punishment and really saviors of the firms. "Dont worry fellows, we will buy low, sell high and the government will come a long to clean our mess up. Either way, I am getting a new yacht."
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