Are you Republicans proud?

[DamnYankee]

Our economist eggspurts apparently do not know their rectum from an excavation.

Because they don't agree with you?

 

[uscitizen]

Because they don't agree with you?

because almost none of them saw what was coming.

 

[DamnYankee]

because almost none of them saw what was coming.

Newsmax was telling me about the impending housing crisis two years ago, and the freddie/ fannie fiasco earlier than that.

 

[Bonestorm]

Newsmax was telling me about the impending housing crisis two years ago, and the freddie/ fannie fiasco earlier than that.

Here's the google news results for Newsmax housing crisis from 2000 through two years ago:

http://news.google.com/archivesearc...=&as_user_ldate=2000&as_user_hdate=10/10/2006

Here's the same for Fannie:

http://news.google.com/archivesearc...=&as_user_ldate=2000&as_user_hdate=10/10/2006


Liar.

 

[uscitizen]

Newsmax was telling me about the impending housing crisis two years ago, and the freddie/ fannie fiasco earlier than that.

They must have been reading my posts.

I saw this coming over 8 years ago.

 

[Obfuscate]

Ron Paul and USC were way ahead of the curve.,..

 

[uscitizen]

Ron Paul and USC were way ahead of the curve.,..

Yeah Ron started reading my posts.
he is a smart guy.

 

[DamnYankee]

Here's the google news results for Newsmax housing crisis from 2000 through two years ago:.....

Apparently you ain't on their email list, as that's where I read it.

 

[Mott the Hoople]

But seriously its what should happen and the best way for the govt to get some value out of the defaulting mortgages they now own. If someones got some crappy 5year ARM on a house they cant afford stick them in at 40year 6% fixed loan.

I would never take a govt loan however. Wouldnt want the mortgage company (ie the govt) knowing what my tax returns were or having an arm that could dock my paycheck.

Particularly if it's an over valuated house that would tank on the current market with a low probability of resale.