Article
The plan would spend up to $700 billion US, most of it on buying deeply devalued mortgages from the housing market's collapse and other bad loans held by tottering banks and other investors.
You must understand the esoteric dynamics of the free market economie. Or , in laymans speak, SIMPLE UNFETTERED GREED !!!
DON'T LOWER THOSE PRICES ON THOSE HOUSES YET UNCLE SAM IS GONNA BUY THEM AT A PERCENTAGE SO THE HIGHER WE KEEP THEM THE MORE MONEY WE GET !!!!!
And to heck with the fact that no one can afford to rent any place right now because you've driven the rental prices so high.
What the us government really needs to do is cut these people lose and let the pack of greedsters simply collapse. That will educate them on the necessity of long term thinking. All you're doing now is teaching them to rip anyone off any how and uncle Sam will fix it all up later on and thats when we make our big profit.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment