Comments on: Special Report: How the Government is Setting Us Up for a Second Subprime Crisis

By: rafael d.

rafael d. — Sat, 01 Jan 2011 00:48:25 +0000

ginnie and freddy maes are heating the housing market with thier big gannig.But another thing is happenig in the goverment policy that doesn't meet an equilibrui between supply and demand in a macroeconomic way.this is creating an empty deflation and inflation that doesnt meet an equilibruim.that finacial crisis meet a recovery in the past that doesnt creates and economic expansion in the us economic develoment.In another way the production is high and the housing supose to be low but there is not enough jobs and the people are losing for forclosure their homes and not loans coming up.rafael d.

By: cowboy

cowboy — Tue, 14 Dec 2010 06:51:19 +0000

BINGO! Kelela

By: Ralph

Ralph — Tue, 07 Dec 2010 06:28:12 +0000

FHA is putting people in houses with minimal down and no savings. If the hot water goes out they can't even afford to replace it. Subprime I was about putting everyone in a house. Subprime II is about putting as many people in houses to manufacture a floor under the housing market and protect the banks. Whatever happened to 20% down to qualify for a mortgage?

By: byron j masterson md

byron j masterson md — Mon, 25 Oct 2010 16:01:13 +0000

I remember the personal attacks on Ross Perot-an honest very savy businessman and philanthropist( large gifts to MDAnderson Hospital among others)-the investment bankers and crew who profit from M and A, overseas fees, et all savaged him-he was trying to tell the less sophistocated American worker that they are being sold out and they were. Someone should find his graphs and review them-he was right and the scum who sold our country out are now buying our elections with the profits.

Mr Gilani's article is excellent-thanks

By: wwj

wwj — Tue, 28 Sep 2010 12:24:47 +0000

As the government is also so leveraged just wait until they tell everyone to turn in their gold at the closing bell rate(yes guys like me will keep ours but about 75% is held by five major companies or funds that send you a certificate they will comply).e you t You will be given this fed fiat money and "Dick" will look at "Jane" and say honey look we doubled our investment on gold let's spend our profit and by that new truck from Government Motors and new drapes and furniture, thus starting the artificial stimulation and the rampant inflation. Our if you want to hold on to it they will give you treasuries instead.

By: lpalmer

lpalmer — Thu, 02 Sep 2010 17:15:34 +0000

What to do? What action will make a difference? How about an alternative economy? How to avoid bad investments and control the rollercoaster ride? What are the real rules of wealth in these days of challenge to all we have assumed to be stable truths. Let's see the list of commandments. What is real wealth? What is essential for local government services? The American way has been and continues to be exploitation. What are the successful models that are alternatives to exploitation? We must look to the future for progress and not regress through continuing exploitation. Nothing is free or should be free (except air for breathing), so sustainable clean living is a must. Is there a financial investing parallel to clean living?

By: Bob Drummond

Bob Drummond — Thu, 26 Aug 2010 14:41:49 +0000

If voting actually changed thing it would be against the law.

By: Wakeup

Wakeup — Thu, 12 Aug 2010 13:43:59 +0000

Well said -- thank you for pointing out the facts. Anyone that doesn't see the mirror image to the Fannie and Freddie corruption needs to wake up. And you're right, actually beyond those scopes due to the further manipulation by banks and their balance sheet "reporting". I agree, we need jobs in this country or we'll continue to deteriorate further. However, this continuous bailout of government and banking failures on the backs of those still working hard needs to stop. Wake up taxpayers and think about who you're electing into office -- before it's too late!!!

By: Diane23

Diane23 — Thu, 29 Jul 2010 18:52:21 +0000

I wouldn't say for sure that all the sub-primes are a fiction, but you're right on when you say many consumers were funneled into those loans without the opportunity for an informed choice.

By: Joseph G

Joseph G — Fri, 25 Jun 2010 13:16:23 +0000

Collectively ALL politicians that are in office or who have served since 1980 are at fault!
But as long as people like you stupidly think that one side is better than the other,then
America is doomed as this political game is played out! Reagan talked about the deficit in
1980, 30 years ago, and the national debt today is so huge that it is unpayable and
we wil default and have our currency forcefully devauled by the other nations of the
world especially those that hold our debt!!! If John MC Cain had won we would still be
the largest debtor nation in the world!!! The facts of our debt and national problems
do not change based on who the president is because every president inherits the
collective problems of the nation from every president and congress that went before
him!!!