Comments on: Cure for housing bust caused by subprime buyers: More subprime buyers!

By: Nationalize Banks or Privatize Congress? | The Freedom Factory

Nationalize Banks or Privatize Congress? | The Freedom Factory — Thu, 26 Feb 2009 20:04:05 +0000

[...] now, govenrment’s solution is to encourage subprime loans with HUD, while Fannie Mae “drop[s] some credit-score requirements, reduce[s] income-documentation [...]

By: Rob Viglione

Rob Viglione — Tue, 24 Feb 2009 06:28:07 +0000

@Jan Jozef Jaworski - So what's the "China Syndrome"? I'm in agreement that what is unfolding right now is not being taken nearly as seriously as it should!

By: Jan Jozef Jaworski

Jan Jozef Jaworski — Tue, 24 Feb 2009 03:17:23 +0000

What we are observing is the economic equivalent of “The China Syndrome”. The meltdown & the consequential bubble burst is so much more substantial than we are willing to admit or accept. Its all a confidence trick – there’s no confidence left & that has devalued all those things that had a price tag.

By: Rob Viglione

Rob Viglione — Sun, 28 Dec 2008 18:43:08 +0000

@Brandi Jo Newman – Very well put. Americans, in a way, deserve the unwinding taking place. As a society, we’ve adopted an absurd complacency by delegating our well being to bureaucrats…in the end everyone who has refused to help themselves will suffer the consequences.

For the sake of the readers here, what are some basic recommendations on how to accrue wealth outside of the stock market?

By: Brandi Jo Newman

Brandi Jo Newman — Sun, 28 Dec 2008 17:02:47 +0000

its like I learned in my political science classes: violence begets violence… stupidity begets stupidity.

until we, as a nation, take control of our own stupidity we will always be destined for lower and lower expectations. we want to be given the easy way out, we think we are entitled to some sort of social retirement, we believe that the only way to have money is to risk it in the stock market.

stop relying on these people in government and wall street to give us our freedom. there are plenty of avenues to start building a thorough controlled system of freedom with money, health and spirituality.