To: kiriath_jearim
Has the world gone insane?
2 posted on
03/19/2008 7:45:09 PM PDT by
Afronaut
(It's 1984)
To: kiriath_jearim
Wow. More easy money is just what the housing market needs.
4 posted on
03/19/2008 7:56:12 PM PDT by
jrp
To: kiriath_jearim
Reflate the Bubble!!!
5 posted on
03/19/2008 8:00:23 PM PDT by
Uncle Miltie
(New York Times Endorsed!!!)
To: kiriath_jearim
New loans at still inflated prices?
6 posted on
03/19/2008 8:01:41 PM PDT by
Brian S. Fitzgerald
("We're going to drag that ship over the mountain.")
To: kiriath_jearim
"In an effort to make home loans cheaper and easier to get, federal regulators announced today that they were relaxing capital requirements for government-sponsored mortgage giants Fannie Mae and Freddie Mac."Let me see if I got this straight. The government passed stupid laws that allowed stupid people to buy insanely inflated homes that they couldn't afford to begin with even without the inflated valuation and now they think that the way out of the mess is to do even more of the same. What's wrong with this picture?
8 posted on
03/19/2008 9:31:14 PM PDT by
Desron13
(If you constantly vote between the lesser of two evils then evil is your ultimate destination.)
To: kiriath_jearim
I knew something was wrong several years ago when a friend of mine pointed out that there were two bedroom hovels in San Francisco going for over $900,000. I remember thinking to myself that I wouldn't touch that property if the wall paper was solid gold leaf and they promised to fix the crappy foundation for free.
9 posted on
03/19/2008 9:38:31 PM PDT by
Desron13
(If you constantly vote between the lesser of two evils then evil is your ultimate destination.)
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