How low will the Market go before Bush acts?

[Conan71]

BOK- great reply.  Thanks.

[cannon_fodder]

I (heart) BOk.

Well said.

[bokworker]

Thanks CF and Conan... don't tell Friendly Bear that management told me what to say...[}:)]

[shadows]

Money is a commodity which we rent or lease for a given time the same as we can do with a car.  Supply and demand controls the amount charged for its use.  The Fed has turned on the presses to float over a 120 billion dollars into the supply market in order to stabilize it.  

After W.W.ll in order to control the growing need for the supply, 20% down payment was established to defray inflation.  As the plastic cards were introduced this was abolished because there was no way to enforce a down payment on credit card purchases.  The home loan industry follow suite.

We have now distributed so many of the dollars that are being devalued each day that our world creditors are spending billions to shore up the dollar in order to protect their interest.  The new cliché is "don't sell but hold on for the long haul."  Our problem is whether we can sell it to our world debtors.

The world is going into recession like it did in 1928-29.  We must patch the hole in the balloon before we hear the big bang of it bursting.

The question is "Do you think that people will control their credit until we get some stabilization in the available supply and demand".        

[iplaw]

quote:Originally posted by shadows

Money is a commodity which we rent or lease for a given time the same as we can do with a car.  Supply and demand controls the amount charged for its use.  The Fed has turned on the presses to float over a 120 billion dollars into the supply market in order to stabilize it.  

After W.W.ll in order to control the growing need for the supply, 20% down payment was established to defray inflation.  As the plastic cards were introduced this was abolished because there was no way to enforce a down payment on credit card purchases.  The home loan industry follow suite.

We have now distributed so many of the dollars that are being devalued each day that our world creditors are spending billions to shore up the dollar in order to protect their interest.  The new cliché is "don't sell but hold on for the long haul."  Our problem is whether we can sell it to our world debtors.

The world is going into recession like it did in 1928-29.  We must patch the hole in the balloon before we hear the big bang of it bursting.

The question is "Do you think that people will control their credit until we get some stabilization in the available supply and demand".        

As for the money between us of time of the specification which has us it leases the same it is possible, to do with the car or or it is the commodity which is leased. Demand and supply control the quantity which is filled up for using. Because it makes that stabilize the federal system attached the publication to the suspended matter with respect to 120,000,000,000 dollars in the market of supply.

In order to pay inflation, after being established in order to control the necessity which W.W.ll supplies, for 20% down payment increases. That the plastic card was introduced, simultaneously this was abolished being not to have the method of executing the down payment of the purchase by the credit card. Housing loan industry follows to the continuation.

As for us now as for the obligee of our worlds the expense which in order to protect interest it should support with respect to dollar 1000000000 so large number of the dollar which thing everyday is reduced was distributed. New clich3e it is, but grasp "you do not sell and/or because of the long distance transport. "Our problems are us can sell that to the obligator of our worlds how. The world has entered as in retreat 1928-29 made year.

We us before inquiring about the hard blow which that destruction intensity it does is large must repair the hole of the balloon. As for question stability of demand and the supply which we can utilize "is obtained until, when the people control their confidences," you think, it is.

Is that clear???

[Lister]

quote:Originally posted by iplaw

quote:Originally posted by shadows

Money is a commodity which we rent or lease for a given time the same as we can do with a car.  Supply and demand controls the amount charged for its use.  The Fed has turned on the presses to float over a 120 billion dollars into the supply market in order to stabilize it.  

After W.W.ll in order to control the growing need for the supply, 20% down payment was established to defray inflation.  As the plastic cards were introduced this was abolished because there was no way to enforce a down payment on credit card purchases.  The home loan industry follow suite.

We have now distributed so many of the dollars that are being devalued each day that our world creditors are spending billions to shore up the dollar in order to protect their interest.  The new cliché is "don't sell but hold on for the long haul."  Our problem is whether we can sell it to our world debtors.

The world is going into recession like it did in 1928-29.  We must patch the hole in the balloon before we hear the big bang of it bursting.

The question is "Do you think that people will control their credit until we get some stabilization in the available supply and demand".        

As for the money between us of time of the specification which has us it leases the same it is possible, to do with the car or or it is the commodity which is leased. Demand and supply control the quantity which is filled up for using. Because it makes that stabilize the federal system attached the publication to the suspended matter with respect to 120,000,000,000 dollars in the market of supply.

In order to pay inflation, after being established in order to control the necessity which W.W.ll supplies, for 20% down payment increases. That the plastic card was introduced, simultaneously this was abolished being not to have the method of executing the down payment of the purchase by the credit card. Housing loan industry follows to the continuation.

As for us now as for the obligee of our worlds the expense which in order to protect interest it should support with respect to dollar 1000000000 so large number of the dollar which thing everyday is reduced was distributed. New clich3e it is, but grasp "you do not sell and/or because of the long distance transport. "Our problems are us can sell that to the obligator of our worlds how. The world has entered as in retreat 1928-29 made year.

We us before inquiring about the hard blow which that destruction intensity it does is large must repair the hole of the balloon. As for question stability of demand and the supply which we can utilize "is obtained until, when the people control their confidences," you think, it is.

Is that clear???

How do you do that? Classic. []

[iplaw]

I have an "Engrish" translator.  His posts are better read in their native tongue.

[cannon_fodder]

I just thought you finally lost that last thread of sanity.  Can't say I was surprised. []

[iplaw]

quote:Originally posted by cannon_fodder

I just thought you finally lost that last thread of sanity.  Can't say I was surprised. []

I lost that long ago...in a far away galaxy.

[Conan71]

quote:Originally posted by tim huntzinger

I agree with the idea that homes are long-term investments, which is why I also advocate landlord/rental reform, which is another subject.

Tim, just got back around to this.  What are you advocating in the way of landlord/renter reform?  Do tell.

[tim huntzinger]

I think home ownership should be a national priority, it is good for neighborhoods and good for families.  Rental properties degrade the quality of life and reduce the sense of community in the neighborhood.  If I am a big fan of Mae, FDIC, CRA and what not one can imagine the Maoist dreams that stir in this fervid mind.

[bokworker]

Tim, if you want to be taken seriously you are going to have to do better than that.

"Rental properties degrade the quality of life and reduce the sense of community in a neighborhood"? That's a pretty broad statement. For what it is worth, I rent and don't feel I am degrading the quality of my life, or anyone elses, and I am a damn good neighbor.

FNM and FRE are directly involved in the mortgage market, CRA only indirectly, and the FDIC has nothing to do with the housing market. Do you not agree with my statement that housing is a personal goal that is reflective of a vibrant country but that it should not be priority "forced" upon the populace?

[tim huntzinger]

I did not connect CRA and the housing mess, someone else did.  If Big Gubmint has no place in our economy, than I say buh-bye FDIC and the rest.  What is the FDIC but another leftist plot to use other people's money to bail out someone else?

Drive through most neighborhoods and if you cannot spot the rentals you are not trying.  This will be another negative effect of the housing crisis.  Renters who have a 30-day commitment versus those who have nominal 30-year commitments to the neighborhood have little in common.

[iplaw]

Hey Timmy.  I found you a new avatar.  Feel free to use it at any time...

[tim huntzinger]

look closely at my existing one, ips!  but i thought i said maoist, see what you can do . . .