Welcome,
Guest
|
|
Finally some movement to help stem the flow of foreclosures...
online.wsj.com/article/SB123454524404184109.html What say you? |
Please Log in to join the conversation.
URL :
www.progressiveinspection.com
Title: Irvine Home Inspector Description: Providing home inspections in California, including: Dana Point, Laguna Niguel, Mission Viejo, San Clemente, Irvine, Aliso Viejo, Temecula, Corona, Laguna Niguel, Rancho Santa Margarita, Laguna Woods Keywords: Dana... |
|
A market interrupted is a market postponed. The problem is not fixed. There is no way an office, or department, or bank officer, or (especially) a bureaucrat can understand or handle things the same way the invisible hand and foot would handle them. The market always corrects dislocations, usually sooner than later. It is not without pain!
Of the many mortgages "bailed out" and/or renegotiated, a huge percentage went right back to being the problem they were before the negotiation(s). Morgan may be trying to buy time, but the problems will surface, now or later... Morgan knows that... |
Please Log in to join the conversation.
Jay Markanich Real Estate Inspections, LLC
Based in Bristow, serving all of Northern Virginia www.jaymarinspect.com Northern Virginia Home Inspector Festina Lente - Make Haste Slowly |
|
Yes they do Jay. Well said.
My thought is this... These banks and politicians are showing the allusion of helping. Its there way of saying they tried to help when everything craps later on. Everyone must think to them selves... Hmmm, government is trying to kick start spending by making it easier to get loans. Hmmmm, isn't too many loans why were in this position in the first place? Hmmmm, shouldn't we be trying to get out of debt and saving for the future? Making it easier to spend money isn't the answer in an economy that has a spending problem. That's like giving an alcoholic, alcohol to sober up! It ain't gunna work. |
Please Log in to join the conversation.
HLC Home Inspections LLC
www.OklahomaHomeInspector.biz We are a licensed inspector for the state of Oklahoma.? Our focus is Oklahoma City, Moore, Mustang, Yukon, Tuttle, and many other areas surrounding OKC. HLC-Home-Inspections-Oklahoma-City HLC Home Inspections LLC... |