Society greatly benefits from the housing bust

Sep 28th, 2011  
by IrvineRenter  in Library News

Astute Observations

Astute Observation by lee in irvine
2011-09-28 10:33 AM

“Society greatly benefits from the housing bust”

I totally agree because it takes assets out of weak hands (we got many in OC), and places them in strong hands.  However, we have a government and Federal Reserve hellbent on preventing the housing bust.  They can’t prevent the inevitable from happening, they can only make the pain last longer, which is exactly what they are doing.

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Astute Observation by zubs
2011-09-28 10:53 AM

Just read this report:

http://news.yahoo.com/ny-prosecutor-probe-sat-scandal-proceed-145538090.html

My friend use to charge $500 at uni high for this service.  Guess it’s more prevalent than people think.

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Astute Observation by flyovercountry
2011-09-29 04:22 AM

“Kitchen is ready”.... LOL.

That is probably the best realtor spin I’ve heard in a long time.

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Astute Observation by GigiKay
2011-09-29 06:23 AM

I agree - I was sorely disappointed there wasn’t a picture of it!

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Astute Observation by Gary Anderson
2011-09-29 08:20 AM

As long as the author does not forget that the ponzi was supplied by the bankers and driven by them, then this article makes sense. But without the bankers there would have been no ponzi.

The bankers were Madoff multiplied thousands of times. If the author understands and shares this truth, then we won’t have folks like Ron Paul and Santelli blaming everyone but the bankers. You wonder who those guys really work for.

Here we have Ron Paul, who says he is against speculation, who wants to repeal Dodd-Frank, now says he rejects Glass-Steagall, and who wants the speculators to run wild, all because of his libertarian religion. Paul had voted against the repeal of Glass-Steagall but now says he doesn’t want the law. But we need to stop the gamblers taking deposits and gambling with leverage!

I guarantee you guys that the ponzi housing bubble will happen again. In my ebook, Dirty Dirty Republicans I show how the hedge fund world loves the Tea Party and Eric Cantor. And I show how the Tea Party leaders are getting money from the very hedge funds who facilitated the last housing bubble. And I show how they want to trash Dodd-Frank.

Trust me, the banking community has learned nothing.

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Astute Observation by Alan Weiland
2011-09-30 05:04 AM

Ron Paul voted against the Bankster bailout and wants to reign in the Federal reserve which is the tool of the banksters.He doesn’t get money from banks or hedge funds. But don’t worry. He has no chance of winning. He’s up against not only the banks but the military industrial complex as well as powerful unions. the American people are going to get what they deserve.

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Astute Observation by SoCaRenter
2011-09-29 11:23 AM

Just renewed the lease with zero rent increase! So glad that once in a while good behavior gets rewarded (in my case, being a good responsible tenant).

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