What's Ahead for 2010?
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@samsteinh22a1 Sorry, you are wrong! This is the strongest recovery since the early 1980s. Jobs have come back faster over the last two recoveries. Yes growth is now throtling back, but there is no new recession for 2010.
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That John Dickerson guy is an idiot. We know this first because of his health care bill comment...
That 40% rise in foreclosures represents properties that were shortsales (and no investor or cash buyer wants to mess with shortsales as they are time consuming and a pain to close) - so when they hit the markets as fully bank owned foreclosures, they draw in quick closes and this in turn creates a huge influx of cash into the banking sector, implying that foreclosures = recovery.
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That video was a bunch of bunk. Passing the health care bill is 1 of the worst things that can happen. Irreswponsible mortgage lending is 1 of the things that got us into this mess. Now they want the banks to open the booty chest once again. WHat a bunch of idiots. b No recovery for 2010. It is going to get worse.
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Titties feel nice.
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"We have a savings rate which is negative. If we had true capitalism, this would be very, very serious because we'd have no savings and no capital to invest. Today, with our monetary system, we resort to other means. We can create credit and money out of the existing currency. We've been doing that for a long time, so the process can continue but it literally is inflation." --Ron Paul Let's hear it for sound money, limited government and the rule of Law (the constitution)! Rand Paul 2010
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The Federal Government (FG) is too large! More government spending is not the answer. Resources can be managed better the closer they get to the community. When the FG spends money, they just took it from somewhere else (wasting some in the bureaucracy on the way) and then returns it half-eaten to the states.
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me too
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more debt in 2010 for sure.
and the only way to pay for it is more printing money out of thin air. more government borrowing and treasury bond and bill sells. this would lead to inflation
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that anaylyst is a lying propagandist scumbag or an idiot, how can you have a 40 percent increase of foreclosures, which will push housing prices down, not effect housing prices negatively and continue to push prices down, you cant dump houses on the market with no effect on the economy overall and especially in housing...these people are full of it.....
borat443 2 years ago 4
I love saying twenty ten!
porplemontage 2 years ago 2