1. who really believes that a crat controlled gov will sell its new found real estate assets at REAL market rates ?

2. who really believes that a crat controlled gov will actually foreclose on any US homeowners ?

Wow and who believes you?

Time for you to wake up and understand- we sink or swim together buddy.

about the same problem as are many others

I don’t believe either

Democrats have already demonstrated their desire to use the free market as a social engineering experiment.

Their last experiment, which ended in disaster with the bankruptcy of Fannie and Freddie won’t teach the democrats anything. They will continue to push their agenda and subvert the markets while pushing the evils of the capitalist system.

In truth, I don’t think democrats could legislate their way out of a wet paper bag.

1. Who believes the repugs are the ones mainly responsible for this mess?

2. Who believes that Bush has any good legacy to leave behind?

crat controlled gov means?

Did you go to the same school of journalism that Sarah Moonbeam Palin did?

Crat controlled means the repugs no longer hold a majority that can hand Bush more power and watch us sink.

Anyone think that the repugs would have questioned giving Bush a blank check if they still held a majority?

1. Who believes the repugs are the ones mainly responsible for this mess?

Those socialist who refuse to acknolwedge that their PC tampering altered the tried and true banking practices that had worked well enough over the last few hundred years to enable banks to flourish, thats who.

2. Who believes that Bush has any good legacy to leave behind?

Anyone NOT described above.

1. It's not the government selling of worthless assets, it's the government buying of worthless assets that has created the uproar.

Contrary to opinion, the debts being sold to Uncle Sam are not delinquent homes.

2. The foreclosures are private. The assets here are tangible.

You trying to take the fun out of our misconstruing of this thing?You keep this up and by golly I may have to actually read the new bailout proposal and lord knows I hates to read---it's a Bush thing.

It seems to me that we could wait a few more months and let the crat controlled gov take a stab at this fiscal mess the Republican Controlled Government got us into.

I mean really.....do we want the people that have been screwing up the Iraq Occupation for the last five plus years to screw up this bailout too?

I favor intervention if required to prevent a total collapse of the economy. If I'm not mistaken, the plunge in the stock market was holding a gun to the public's head. Easy enough for large institutional investors to dump stock. I doubt they sold much of what they dumped. They did buy up panicked investors who did sell and made a nifty profit worth 450 up ticks. These cheap stocks will be resold (dumped) if necessary in further programmed "upheavals" that frighten Main Street's 401ks. Much less risk.

What do these manipulations say about the wisdom of privatizing Social Security? Greater profit but also greater risk. Is it worth it? No.

I don't think the bailout is about buying up delinquent homes. That might actually be a sound investment of public money but that is not what Paulson's plan appears to be about.

It's about abstract financial instruments--IOUs against foreslosure--sold by these same institutional investors--sometimes known as investment banks.

They don't want to pay out when holders of these instruments demand payment.

Yes to both, although 1.) Real market prices will get a lot lower before anything gets sold, and 2.) They won't foreclose on as many as they should.

...agreed

macrol:

1. who really believes that a crat controlled gov will sell its new found real estate assets at REAL market rates ?

Part of the problem is that no one actually knows what the REAL market rates are. That's why they can't find buyers in the private sector, no one knows what the hell they're buying.

macrol:

2. who really believes that a crat controlled gov will actually foreclose on any US homeowners ?

Considering that forclosures serve to drop home values, and that is one of the things they're trying desperately to reverse, maybe they won't. But would that be a bad thing?