Post A Reply
my profile
login
|
register
|
search
|
faq
|
forum home
»
Allstocks.com's Bulletin Board
»
Off-Topic Post, Non Stock Talk
»
Radical bailout plan has a jawdropping price tag
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by glassman: [QB] [QUOTE]Originally posted by NaturalResources: [qb] So does this mean that the government will own most of the homes in the US? Also, if the taxpayer, (you and I) are the government's pocketbook, and the government is using our money to buy up all the mortgage debt, doesn't that mean that we now owe all the debt to ourselves, thus we owe nothing? Or, are we just borrowing from China and now they own all our homes? [/qb][/QUOTE]we don't know yet IF China will buy the notes... they ares imply preparing them for sale right now... early last year? China showed a tendency to stop buying US mortgages and Paulson went to China in July to beg them to buy more... there were several articles written about it and they DISAPPEARED.. the mortgage meltdown started while he was on that trip... it is very unlikely that there will be alotof interest in buying US debt at current values... and we are choking the marketplace with it... there is no quick fix. [/QB][/QUOTE]
Instant Graemlins
Instant UBB Code™
What is UBB Code™?
Options
Disable Graemlins in this post.
*** Click here to review this topic. ***
Contact Us
|
Allstocks.com Message Board Home
© 1997 - 2021 Allstocks.com. All rights reserved.
Powered by
Infopop Corporation
UBB.classic™ 6.7.2