Fuzzy Math: Lending, Politics and What’s Next for Private Ownership?
Awaken Safely does an initial analysis of the Obama Mortgage Bailout “Plan”…
Here are some interesting article links:
Mortgage Plan Aids Liars About Income
http://www.bloomberg.com/apps/news?pid=20601087&sid=a2LYydiGs1YU&refer=home
Senator Dodd Says Bank Nationalization May Be Necessary:
http://www.bloomberg.com/apps/news?pid=20601087&refer=home&sid=a402k68PAWUA
Stocks drop on fears that Banks May Be Nationalized
http://www.bloomberg.com/apps/news?pid=20601087&sid=aajLP9hHL1b0&refer=home
Highland Capital CDO (Collateralized Debt Obligation) Hedge Fund is wiped out
http://www.bloomberg.com/apps/news?pid=20601087&refer=home&sid=a1MrBhVi9fmA
Duration : 0:7:44
25 Comments to Fuzzy Math: Lending, Politics and What’s Next for Private Ownership?
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Yes, I pressed the …
Yes, I pressed the wrong button. I was saying We have “house flipper” down the road. I wouldn’t want him to get help but then again I don’t want him to leave his home and watch it fall apart and run over by animals.
lol
Yes, I agree.
lol
Yes, I agree.
Timely information. …
Timely information. Thanks for the video.
Thanks for the …
Thanks for the insight. I agree…the only two government programs that work right are NASA and the military and a few regulatory agencies. The rest is inefficient for some reason.
Manic
yeah, I …
Manic
yeah, I just can’t tell folks that it’s time to “BUY BUY BUY” as you put it. It ain’t right now.
Add that to being just plain tired of the BS layers of stress/urgency in the mortgage business. Had to leave. Personal choice.
Thanks, Tina
Thanks, Tina
Thank you, Rob!
Thank you, Rob!
Thank you for the …
Thank you for the tip! It’s done. Any other advice you can give on this?
Fantastic …
Fantastic information!
Hey awakensafelty, …
Hey awakensafelty, you should include links in the right, it will help with your views.
you are quite …
you are quite fortunate. good job.
what would annoy you? I think your thought got cut off
Thank you, …
Thank you, Matrixxxx,
wow, that Santelli really got after it, didn’t he.
OK, a $75+ billion trial balloon is a seriously bad idea, in my opinion. First, they AREN’T going to make all those groups happy…it won’t matter how they structure the deal.
Next, I really don’t believe that we should be creating money out of thin air to bail out ANYONE. That’s right…not ME, not big business, not states…nobody.
The economic pain we are experiencing now is the natural end result of too many years of excess.
The stock market …
The stock market has lost approximently $13 trillion in wealth….we have pumped trillions into the markets and bailouts, we have major banks and financial institutions worth less than a fraction of thier original value..on and on…and this $787 billion is supposed to do what??? I don’t see how anyone could think we are going to have anything but a massive and complete collapse of the world financial system and a very very long and deep depression…
lol..sorry..I was …
lol..sorry..I was commenting on his problem morally with the mortgage crisis and his mortgage career. In 2005 I had a hard time making a living in spite of a robust RE market because I felt the other shoe was going to drop and my clients might be stuck. It was hard to promote buy, buy, buy and I didn’t. As a realtor in a housing market that appeared to be false, mentally it was a difficult market for me because I felt a downturn was coming..Now I’m back in RE but trying to digest it.
We paid 255 for …
We paid 255 for ours but its worth 300k We refinanced to 5% fixed 30yr. I would be annoyed if the home flipper
bingo. it has only …
bingo. it has only just begun to really crumble…. as Celente and Schiff have been saying, the crash of ‘08 is just an appetizer
yep again!
yep again!
yep!
yep!
no….should be …
no….should be there. Youtube does weird stuff sometimes when there’s lots of activity or something
they will and are …
they will and are slowly sneakingly defaulting behind the official smoke screen! It actually has already started and by end of summer they will be joined with defaulting commercial property of businesses built purley on cash-flow and Credit liquidity. so were are now seeing part 2 of oct 08 crash till now and Summer the Commercial property crash will join the option arms … not stimulus will stop that we could see dow around 3.5 k before long in 2009
Only 25? Shocking.
Only 25? Shocking.
good explanation. …
good explanation. Thanks.
I think i remember hearing about that hope for home ownership program from hud. can’t believe only 25 were helped. LOL
Thanks for the …
Thanks for the video.
its all fine and …
its all fine and dandy if the govt can fix this residential real estate crisis, but whats gonna happen with the commercial real estate crisis? i heard its gonna be even bigger!