Who agrees that the US and IMF better stay out of the financial/mortgage mess or conditions will obtain worse?
http://news.yahoo.com/s/ap/20080412/ap_o…
The US under FDR got impose and effect reversed. They heightened the public's sense of crisis and violated the Constitutional restraints on power of the central government.
http://www.independent.org/newsroom/arti…
http://www.amatecon.com/gd/gdoverview.ht…
Answers:
If you construe the International Monetary Fund would bail out the U.S., then there's something wrong with your thinking. The core contributor is the U.S., so it would be like the U.S. bailing itself out.
Now, I'll agree somewhat that the US federal government should stay out. But why the heck is the IMF within the question? Just confusing.
The US Congress broke it contained by the first place. A free market would never have allowed such stupid transactions surrounded by the first place.
I suggest we come up with an amendment that requires separation of Economy and State before our idiot legislators and their Marxist leaders verbs us all with their totalitarian greed.
The Dems are screaming for something to be done, so you seize what you scream for.
yes i agree,however the intrest rates on home mortgages makes bank very very wealty contained by profits..and the gov. does and should have seen this comming, i did and that be 6 years ago! the more profits thats screwing the people of this country,the wealthier the rich draw from and sadly it's all give or take a few money..george bush and his arab friends have proven this
Interestingly timed cross-examine. If the Federal Reserve hadn't stepped in and rescued Bear Stearns the dominoes would have fall on wall street and not only Bear Stearns but maybe a dozen crucial Wall Street firms would have gone down the drain. This would have triggered Great Depression II (the big one). This is not an issue of some those with mortgages that they can't afford, it has to do beside the complex securities such as bonds based on funds that are based on pools of mortgages.
If the credit system falls apart, the reduction falls apart. And that long term recovery will be a long time coming.
What is wrong with people that (just using numbers here) product 1,000.00 a month and sign for a mortgage that is 1,300.00
I guess this goes next to the fuzzy math clintons administration was conversation about.
And keep contained by mind it was the peanut farmer that thought he be a President that lowered the bar on who could get a mortgage.
Two arguements:
1. If the bank system fails in the US next it will collapse around the world.
2. To allow the banks to fail so they swot to loan money more wisely, and stay out of my pocket to pay for others screw up. I'm for them to fail and stay out of my pocket.
As I recall,the discount was great 1 year ago.
When the democrats took control of congress is when the crap hit the fan,
Foreign leaders know that democrats are frail negotiators.
The leaders of countries who are hostile to us will be the ones who the democrats will try to pander to.
Free Trade means "Free Trade" and the rule is only there to oversee that law are not broken.
Free markets,and Capitalism is a prov en way of growing businesses,and making brand new ones while generating "more" revenue at a lower tax rate.
The "whole" problem is,THE DEMOCRATS WANT TO RAISE TAXES.
Look what happen in Maryland,there is a hot and higher tax rate for the wealthiest culture there.
Does anyone think that these millionaires/billionaires are gonna want to stay within a state where they are treated less impartially than the people who pay "NO TAXES"?
This administration will use the mortgage crisis duplicate way it has used every other crisis we've face (9/11, Iraq, Katrina). It will encourage the privatization of sectors to create them profitable. Mercenaries, contractors, schools, social security, mortgage oversight, etc. If they can put together a dime, they will.
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The US under FDR got impose and effect reversed. They heightened the public's sense of crisis and violated the Constitutional restraints on power of the central government.
http://www.independent.org/newsroom/arti…
http://www.amatecon.com/gd/gdoverview.ht…
Answers:
If you construe the International Monetary Fund would bail out the U.S., then there's something wrong with your thinking. The core contributor is the U.S., so it would be like the U.S. bailing itself out.
Now, I'll agree somewhat that the US federal government should stay out. But why the heck is the IMF within the question? Just confusing.
The US Congress broke it contained by the first place. A free market would never have allowed such stupid transactions surrounded by the first place.
I suggest we come up with an amendment that requires separation of Economy and State before our idiot legislators and their Marxist leaders verbs us all with their totalitarian greed.
The Dems are screaming for something to be done, so you seize what you scream for.
yes i agree,however the intrest rates on home mortgages makes bank very very wealty contained by profits..and the gov. does and should have seen this comming, i did and that be 6 years ago! the more profits thats screwing the people of this country,the wealthier the rich draw from and sadly it's all give or take a few money..george bush and his arab friends have proven this
Interestingly timed cross-examine. If the Federal Reserve hadn't stepped in and rescued Bear Stearns the dominoes would have fall on wall street and not only Bear Stearns but maybe a dozen crucial Wall Street firms would have gone down the drain. This would have triggered Great Depression II (the big one). This is not an issue of some those with mortgages that they can't afford, it has to do beside the complex securities such as bonds based on funds that are based on pools of mortgages.
If the credit system falls apart, the reduction falls apart. And that long term recovery will be a long time coming.
What is wrong with people that (just using numbers here) product 1,000.00 a month and sign for a mortgage that is 1,300.00
I guess this goes next to the fuzzy math clintons administration was conversation about.
And keep contained by mind it was the peanut farmer that thought he be a President that lowered the bar on who could get a mortgage.
Two arguements:
1. If the bank system fails in the US next it will collapse around the world.
2. To allow the banks to fail so they swot to loan money more wisely, and stay out of my pocket to pay for others screw up. I'm for them to fail and stay out of my pocket.
As I recall,the discount was great 1 year ago.
When the democrats took control of congress is when the crap hit the fan,
Foreign leaders know that democrats are frail negotiators.
The leaders of countries who are hostile to us will be the ones who the democrats will try to pander to.
Free Trade means "Free Trade" and the rule is only there to oversee that law are not broken.
Free markets,and Capitalism is a prov en way of growing businesses,and making brand new ones while generating "more" revenue at a lower tax rate.
The "whole" problem is,THE DEMOCRATS WANT TO RAISE TAXES.
Look what happen in Maryland,there is a hot and higher tax rate for the wealthiest culture there.
Does anyone think that these millionaires/billionaires are gonna want to stay within a state where they are treated less impartially than the people who pay "NO TAXES"?
This administration will use the mortgage crisis duplicate way it has used every other crisis we've face (9/11, Iraq, Katrina). It will encourage the privatization of sectors to create them profitable. Mercenaries, contractors, schools, social security, mortgage oversight, etc. If they can put together a dime, they will.
Related Questions: