Comments on: San Diego Pros Discuss Foreclosures http://www.sdrealtypros.com/article/foreclosures-causes-solutions/ San Diego homes online buyers guide with news, commentary and complete MLS Listings Search of all homes, condos and property in the San Diego, CA region. Tue, 09 Mar 2010 17:10:33 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: smith http://www.sdrealtypros.com/article/foreclosures-causes-solutions/comment-page-1/#comment-84 smith Sat, 11 Jul 2009 06:46:10 +0000 http://www.sdrealtypros.com/?p=998#comment-84 I am agree with SEOMack. Excellent speech by him. I am agree with SEOMack. Excellent speech by him.

]]> By: Geoff http://www.sdrealtypros.com/article/foreclosures-causes-solutions/comment-page-1/#comment-83 Geoff Fri, 10 Jul 2009 08:45:05 +0000 http://www.sdrealtypros.com/?p=998#comment-83 Evidence Found? Leave it to Fox News to come up with a report like this. I think I'll go take a shower. How can anyone think that $1Billion or $2Billion worth of loans to minorities was the root cause of the economic meltdown? As President Obama said before being bashed by the Fox News narrator (Was that Pat O'Reilly's voice), making loans to low income families who couldn't otherwise get loans was originally a good thing. But when the banks and mortgage brokers got a taste for for the easy money that came from writing subprime loans, the numbers grew exponentially. "Creative financing" mixed with "creative accounting" became the leading flavor of KoolAid. To move beyond the conservative pundit line and learn the true nature of the beast, read <a href="http://tinyurl.com/m7ss7l">The Two TRILLION Dollar Meltdown.</a> (That's Two Thousand Billion, by the way) The chapter excerpts on Google Books are sufficient to get the gist of the story. It explains the facts much better than I could hope to do. And if it's good enough for the Wall Street Journal, it's good enough for any conservative who wants to learn and understand the truth. Evidence Found? Leave it to Fox News to come up with a report like this. I think I’ll go take a shower.
How can anyone think that $1Billion or $2Billion worth of loans to minorities was the root cause of the economic meltdown? As President Obama said before being bashed by the Fox News narrator (Was that Pat O’Reilly’s voice), making loans to low income families who couldn’t otherwise get loans was originally a good thing. But when the banks and mortgage brokers got a taste for for the easy money that came from writing subprime loans, the numbers grew exponentially. “Creative financing” mixed with “creative accounting” became the leading flavor of KoolAid.
To move beyond the conservative pundit line and learn the true nature of the beast, read The Two TRILLION Dollar Meltdown. (That’s Two Thousand Billion, by the way) The chapter excerpts on Google Books are sufficient to get the gist of the story. It explains the facts much better than I could hope to do. And if it’s good enough for the Wall Street Journal, it’s good enough for any conservative who wants to learn and understand the truth.

]]> By: San Diego Pros Discuss Foreclosures | San Diego Real Estate http://www.sdrealtypros.com/article/foreclosures-causes-solutions/comment-page-1/#comment-81 San Diego Pros Discuss Foreclosures | San Diego Real Estate Fri, 10 Jul 2009 06:07:22 +0000 http://www.sdrealtypros.com/?p=998#comment-81 [...] R­e­ad the­ r­e­st he­r­e­: San Die­g­o­ Pro­s Disc­u­ss Fo­re­c­lo­su­re... [...] [...] R­e­ad the­ r­e­st he­r­e­: San Die­g­o­ Pro­s Disc­u­ss Fo­re­c­lo­su­re… [...]

]]> By: Aline Smith http://www.sdrealtypros.com/article/foreclosures-causes-solutions/comment-page-1/#comment-80 Aline Smith Fri, 10 Jul 2009 05:28:08 +0000 http://www.sdrealtypros.com/?p=998#comment-80 it's the Housing Sector stupid it’s the Housing Sector stupid

]]> By: Las Vegas Real Estate Blog http://www.sdrealtypros.com/article/foreclosures-causes-solutions/comment-page-1/#comment-79 Las Vegas Real Estate Blog Thu, 09 Jul 2009 18:49:12 +0000 http://www.sdrealtypros.com/?p=998#comment-79 The point was that our government spent trillions of our dollars to “stimulate” the economy that has been spent has very little to do with the Wall Street collapse. The far left has seized the moment to repay political favors and cut sweet heart deals for supporters and contributors at OUR expense! Almost nothing has been done to fix the problem that started all of this in the first place…. Housing. I agree with you that wrapping these mortgages up into enormous negotiable instruments was a mistake driven by greed and should have been closer regulated. However the concept of spreading risks over a broader area did make sense at the time. You obviously did not read the articles linked in my post or you would know that President Bush made several attempts to urge congress to pass legislation to prevent what happened last year only to be thwarted by the likes of Barney Franks and Sam Dodd. I realize the tactic of choice by liberals is that if you say it loud enough and often enough that people will believe anything, but on this issue the facts and paper trail will not support you. This one is definitely on the shoulders of the Democrats. <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/ivmL-lXNy64&hl=en&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/ivmL-lXNy64&hl=en&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object> But enough of history. We need real world solutions to the economic crisis we are facing (still) and I have posted several suggestions on my <a href="http://www.vegas4sale.net/blog/">Las Vegas Real Estate</a> Blog that will work and will NOT cost the tax payer a penny. ~Mack The point was that our government spent trillions of our dollars to “stimulate” the economy that has been spent has very little to do with the Wall Street collapse. The far left has seized the moment to repay political favors and cut sweet heart deals for supporters and contributors at OUR expense!

Almost nothing has been done to fix the problem that started all of this in the first place…. Housing.

I agree with you that wrapping these mortgages up into enormous negotiable instruments was a mistake driven by greed and should have been closer regulated. However the concept of spreading risks over a broader area did make sense at the time. You obviously did not read the articles linked in my post or you would know that President Bush made several attempts to urge congress to pass legislation to prevent what happened last year only to be thwarted by the likes of Barney Franks and Sam Dodd.

I realize the tactic of choice by liberals is that if you say it loud enough and often enough that people will believe anything, but on this issue the facts and paper trail will not support you. This one is definitely on the shoulders of the Democrats.

But enough of history. We need real world solutions to the economic crisis we are facing (still) and I have posted several suggestions on my Las Vegas Real Estate Blog that will work and will NOT cost the tax payer a penny.

~Mack

]]> By: San Diego Pros Discuss Foreclosures | Unemployment Killer's Daily Blog http://www.sdrealtypros.com/article/foreclosures-causes-solutions/comment-page-1/#comment-75 San Diego Pros Discuss Foreclosures | Unemployment Killer's Daily Blog Thu, 09 Jul 2009 08:08:53 +0000 http://www.sdrealtypros.com/?p=998#comment-75 [...] post: San Diego Pros Discuss Foreclosures Tagged as: democratic, efforts, extremely-useful, pemula-belajar, publicly-out-websites, seo, serps [...] [...] post: San Diego Pros Discuss Foreclosures Tagged as: democratic, efforts, extremely-useful, pemula-belajar, publicly-out-websites, seo, serps [...]

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