A libertarian view of the housing bubble
2 posters
Page 1 of 1
A libertarian view of the housing bubble
What do you think?
Yuri Yukuv- First Team
- Club Supported :
Posts : 1974
Join date : 2011-06-06
Age : 78
Re: A libertarian view of the housing bubble
So no one is interested in talking about this?
Apparently the only kind of thread that would fly in this section is one that flames america or one of its allies
Apparently the only kind of thread that would fly in this section is one that flames america or one of its allies
Yuri Yukuv- First Team
- Club Supported :
Posts : 1974
Join date : 2011-06-06
Age : 78
Re: A libertarian view of the housing bubble
What do you want to talk about Yuri? A number of things he said makes sense.
I dont agree with the rating agencies part. They had the necessary data to make the correct decision. The income to interest ratio would have been enough to award those loans a much lower rating than they did. They just turned a blind eye to all the issues because they were making so much money out of the whole exercise.
I agree with him when he says the government intervention should be minimum. And right now, i do believe some of the policy debates going on in the congress is heading in the wrong direction.
The republicans have got atleast one part correct in that the government should not raise taxes. But the whole cutting spending crap that they are spewing will put the economy in jeopardy. If you want the economy to start again, you have to put money into people's hands and they are talking about doing the exact opposite thing.
i hope sense prevails soon.
I dont agree with the rating agencies part. They had the necessary data to make the correct decision. The income to interest ratio would have been enough to award those loans a much lower rating than they did. They just turned a blind eye to all the issues because they were making so much money out of the whole exercise.
I agree with him when he says the government intervention should be minimum. And right now, i do believe some of the policy debates going on in the congress is heading in the wrong direction.
The republicans have got atleast one part correct in that the government should not raise taxes. But the whole cutting spending crap that they are spewing will put the economy in jeopardy. If you want the economy to start again, you have to put money into people's hands and they are talking about doing the exact opposite thing.
i hope sense prevails soon.
kiranr- First Team
- Club Supported :
Posts : 3496
Join date : 2011-06-06
Similar topics
» Bubble Football
» Time for a libertarian president
» Another view on our squad
» What is your view on these teams
» View from the stands
» Time for a libertarian president
» Another view on our squad
» What is your view on these teams
» View from the stands
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Today at 3:25 am by BarcaLearning
» Europa League 2023/24
Today at 2:48 am by BarcaLearning
» Premier League 2023/24
Today at 2:29 am by the xcx
» The Official Dwayne Wade <<<<<< you thread
Yesterday at 9:59 pm by Warrior
» eFootball
Yesterday at 9:49 pm by Warrior
» The TV Series Thread - Part 5
Yesterday at 8:34 pm by Pedram
» Top 10 Players of 2023/24
Yesterday at 7:04 pm by Vibe
» The Last of Us (HBO)
Yesterday at 6:27 pm by Vibe
» La Liga 2023/24
Yesterday at 5:42 pm by Myesyats
» Mbappe may be headed to EPL
Yesterday at 5:38 am by Valkyrja
» The Official Real Madrid 23 - 24 Matchday Thread
Yesterday at 5:28 am by The Madrid One
» The Offical Rap Thread Part 3
Yesterday at 1:26 am by Vibe
» The US Politics Thread
Tue May 07, 2024 9:13 am by McLewis