Comments on: Fed Ready To Cut Interest Rates Anew
Stocks Rise After Bernanke Vows More Cuts To Ward Off Possible Recession
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- Get ready for a return to 70s style inflation. All so Bush will not have a recession on his watch and then Republicans can blame Democrats when it does happens.
Free market economies expand and then contract, once can attempt to engineer a "soft landing" or pretend it will not happen and then get inflation which is worse. - Reply to this comment
- real estate IS an investment - for the banks and foreigners who hold the debt ...
Posted by SharnCedar
No it is not an investment; it is DEBT which earns interest on debt loan for the suckers who buy the debt. You need an education in reality. - Reply to this comment
- real estate IS an investment - for the banks and foreigners who hold the debt ...
Posted by SharnCedar
No it is not an investment; it is DEBT which earns interest are the suckers who buy the debt. You need an education in reality. - Reply to this comment
- Bernanke is going to steer the Titanic right into the iceberg.
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- real estate IS an investment - for the banks and foreigners who hold the debt ... it is a way of enslaving American workers so their future earnings can be sent directly to foreign debt holders and america-hating banks around the world. The Saudis through Citi hold a lot of this debt, for example. It''s an ecellent investment, almost like slavery - if you don''t pay they throw you out of your house.
How exactly is it that a piece of american land, owned and belonging to no one but the American public, can be sold for millions of dollars back to americans? Through corruption, through the collusion of a small class of violent, unethical America-hating traitors who are our slave masters, i mean mortgage bankers. - Reply to this comment
- LOL, sorry for you. I tried educating my co-worker on the reality of real estate mortgages. Did not penerate his skull.
LISTEN PEOPLE, REAL ESTATE IS NOT AN INVESTMENT - it produces no profit; only a false value called equity that only the banks will allow you borrow against. The equity that you real estate broker had reference is BS (a deception to justify more profit out of nothing)! - Reply to this comment
- mcv57 -- We CAN''T sell our house. No one is buying.
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- Sell that d*a*m* over-inflated house and shore up your food and water bomb shelter. Move out of the east coast (that is were the natural disasters and the first nuke will hit - according to prophets) and buy solar power. Can''t see no recovery in my books -the whole world''s economic and natural resources are becoming stagnate. The World Bank is shutting down food price manipulation.
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- POSSIBLE recession????
Where do these people love? The economy sucks and is only getting worse due to Bush''s friends raping with obscene oil prices... - Reply to this comment
- Federal Reserve has initiated full time schedules for the printing press (24/7). Got to get ready to crank-out that worthless paper money - create a false stability. This time its going into hyper-recession.
Think about it folks, Fort Knox only has 1/10th value in gold (950 billion dollar)to cover the national debt of 10 trillion dollars. The 9/10th is electronic B/S and worthless paper. - Reply to this comment
Author Thomas Friedman on Obama's Afghanistan plan and the war on terror.
