posted on Sep, 30 2008 @ 06:26 PM
it's like the 9/11 of the economy. they knew what was coming, had a plan all worked out to exploit the situation when it came... I won't go as far
as to say that they deliberately caused the problem, I don't think that.
but, well, they aren't trying to fix the problem I don't think. just like they didn't really ever fix the problem of terrorists coming into the
country wanting to blow us up. the fact that they let whoever, god only knows who, walk across our borders while they about strip search grandma at
the airport kind of gives me the idea that terrorists aren't that serious of a problem to them.
the same goes here...
a big power grab with lots of fear being pervoked. but the root cause of the problem doesn't seem to be that interesting to them...they want the
money, they want their credit (isn't that what has gotten us into the problem, we have used way too much credit? so, we are gonna use more to get us
out?) but very little is being said about how they intend on turning empty houses into occupied ones without their being some massive losses.
I heard somewhere that you could buy every one of these problem mortgages for about a hundred billion dollars. so, well, if this is true.....what's
the other six hundred billion? could it be.....the banks were that badly leveraged?
even my husband said it today, and he's not the type of person to say things like this...
something is going on they aren't telling us, and it is scaring them to death.