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The article has a good premise. Personal responsibility is a nice place to start and a nice idea. I think it's funny that this concept actually...
Both graphs represent the bubble pretty well?
You know its funny that politicians spend so much time politicizing divisive issues to make sure they can differentiate themselves from the evils...
Very good stuff. Thanks
The problem with your argument of "real prices" vs nominal price is that it is irrelevant when it comes to a home loan. The property price is...
We are arguing in circles mainly because we keep interchanging the words value and price. Price goes up over time. That is a fact. Value going up...
Sure there are corrective periods where property values decline but the general trend is upward through history. Actually property prices go up...
It makes perfect since. Property values do always go up but the statement "above their worth" is the bubble and you want to say that it pertains...
The housing market wasn't a bubble until it was full of artificial buyers that couldn't REALLY pay for the properties. ARM loans have been...
Like beer and cigarettes?
Please Sam, you don't believe this. Your saying that the housing bubble created the sub-prime loans?
I thought it was limbots? You guys need to get together on this stuff.
On it goes. There are a lot of places you can point fingers but the sub-prime loans are the originating point for the problems. Yes these loan...
Come on Sam, cut him some slack, the Tim Geithner quote is pretty stupid. I don't know the context of the conversation but the part Basso quotes...
Sometimes fairness is stupidity.
Texas would also be the 8th largest economy in the world. So what. Exxon and the other big companies are not what this is going to hurt. They have...
True this is where we get into the other posters dog poo bologna analogy. Bad loans that are supported by bad loans and the poo gets thinner. Good...
I agree, I'm all about wind energy. I think it's great and would like to get into the industry but it doesn't replace the oil and gas industry...
Say you have a cop on the corner that protects your neighborhood. He was put there by the government. Then the government says "hey that area is...
I agree totally that the issue is multiplied by the derivatives and spread all over, thats why I liked SamFisher's analogy so much.
