Re: Mortgage Giants in Critical Care

wazzel — Tue, 12 Aug 2008 16:20:49 -0000

I say that we can't let them go fast enough. Let them go. Let them all go. NOTHING will be resolved until the things that ought to fail...fail! propping-up this nonsense with money borrowed from China does nothing to fix the problem at hand. Housing prices must fall to get the National average from 200K down below from 70K to reset the housing market and get equities back in line with reality.

BTW braidbunch: Not a single nickel of "Foreign Aid" has ever been spent without a significant kickback for our favored corporate friends and/or our "interests" in a distant land. I worked for a large International Construction Company for many years and I can assure you, that your tax dollars did not go to feed hungry children, or build schools. The money ALWAYS went directly into the pockets of companies like my own. On the surface, it is played-up as a generous gift, but I have never encountered a single project that did not serve our needs before the needs of the recipient Nation.

Marcus W.

Vallejo, CA

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Re: Mortgage Giants in Critical Care