BTW...

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BTW...

TB — 7/12/2008 6:34:33 PM (archived)

Some of your solutions look like good ideas, although I'd have to do a lot more research into it. Certainly restrictions on controlled entities like Fannie Mae would be appropriate.

The "mixed economy" is part of the belief that market forces can be made painless--that the incentives of a free market can be separated from the penalties, and nobody ever has to go broke, get fired, get driven out of business, be squished by competitors, or suffer a bank failure. This may not be practical in the long run. What you get in businesses steeped in such half-assed regulation is the equivalent of a kid who was never punished when he was raised.

It's a miracle we're doing as well as we are.

P.S. FHA and VA are subsidies. Good idea or not, any government "insurance" is a form of subsidy. As far as mortgages are concerned, we pretty much all live there now.

The whole thread (60 posts)

And I thought it was the hedge funds that were next. - Yeti - 7/11/2008 3:23:05 PM
- Update: Looks like the Fed is going to try to 'print' its way out of this crisis as well - Yeti - 7/14/2008 4:06:48 AM
  - Been doing that for years. - TB - 7/14/2008 5:13:47 AM
    - Which? - Yeti - 7/14/2008 3:35:06 PM
      - Was referring to the Fed "printing" its way out of financial issues. - TB - 7/14/2008 3:53:43 PM
        
        Your comments make no sense - Yeti - 7/14/2008 8:43:15 PM
        
        No, I suppose they don't. (n/t) - TB - 7/14/2008 11:09:27 PM
- Another commentary on this subject - TB - 7/12/2008 10:34:00 PM
- I vant to dlink yor blaaad. - ER - 7/11/2008 5:11:19 PM
- Mortgage subsidies - TB - 7/11/2008 3:40:19 PM
  - "Mortgage subsidies"? - Robert - 7/12/2008 5:39:19 PM
    - Wow! - ER - 7/12/2008 8:24:48 PM
      - re: Wow - TB - 7/12/2008 9:45:09 PM
        
        All I recall you saying about the subject a year ago was... - alcaray - 7/13/2008 6:39:05 PM
        
        Not quite a year ago.... - ARRELL - 7/13/2008 9:09:45 PM
        
        And which of those numbers were incorrect? - TB - 7/13/2008 10:31:52 PM
        
        You consistently claimed the problem was fabricated... - ARRELL - 7/13/2008 10:38:11 PM
        
        No. - TB - 7/13/2008 11:00:54 PM
        
        A bit more Fannie Mae history, as a sidebar. - TB - 7/13/2008 11:10:28 PM
        
        YES...and ANYONE able to read can see what you were doing and what you are trying to get away with now.... - ARRELL - 7/13/2008 11:06:10 PM
        
        Have it your way. We're doomed. - TB - 7/13/2008 11:27:14 PM
        
        I looked, nothing I found was as asinine as THIS: - ARRELL - 7/14/2008 1:46:59 AM
        
        Didn't think you'd bother. - TB - 7/14/2008 3:24:31 AM
        
        FISA - ARRELL - 7/14/2008 4:35:53 AM
        
        re: FISA - TB - 7/14/2008 5:01:24 AM
        
        "What do you think?"- Did you even read my post? - ARRELL - 7/14/2008 5:23:50 AM
        
        But you're voting for him, aren't you? - TB - 7/14/2008 5:26:19 PM
        
        And what are our choices? - Yeti - 7/14/2008 9:40:39 PM
        
        Ahhhh- the good old days... - ARRELL - 7/14/2008 2:06:54 AM
        
        re: Ahhhh- the good old days... - TB - 7/14/2008 3:33:34 AM
        
        Where did I say we were doomed? - ARRELL - 7/13/2008 11:33:15 PM
        
        "slid around??" - TB - 7/13/2008 11:40:12 PM
        
        8^) People can read the quotes from you for themselves and draw their own conclusions... - ARRELL - 7/13/2008 11:45:38 PM
        
        PS- see the thread below (n/t) - ARRELL - 7/14/2008 12:16:57 AM
        
        Though I must admit dumbfounded admiration at your research skills. (n/t) - alcaray - 7/13/2008 9:54:20 PM
        
        ipsa scientia potestas est - ARRELL - 7/13/2008 10:06:49 PM
        
        re: Though I must admit dumbfounded admiration at your research skills. - ARRELL - 7/13/2008 9:57:44 PM
        
        Well I wasn't really trying to point the finger at Tom so much... - alcaray - 7/13/2008 9:53:18 PM
        
        re: Wow - ER - 7/13/2008 12:02:37 AM
        
        Actually, "collectivism" isn't the issue. - TB - 7/13/2008 5:26:42 AM
        
        Corporations are not private companies. - ER - 7/13/2008 12:26:49 PM
        
        If you notice Robert's "blame the victim" post below... - TB - 7/13/2008 5:34:38 AM
        
        I don't think its a silly concept at all. - ER - 7/13/2008 12:06:50 PM
        
        Same as it ever was - Robert - 7/13/2008 5:41:19 PM
        
        Then maybe you'll agree that... - Lee - 7/13/2008 7:07:27 PM
        
        You do know you're pretty much just underlining my point, right? (n/t) - TB - 7/13/2008 6:35:12 PM
        
        Reality check - TB - 7/13/2008 6:45:23 PM
        
        re: Reality check - ER - 7/13/2008 7:11:21 PM
        
        You know, that really wasn't the point. - TB - 7/13/2008 7:41:05 PM
        
        That's what we've been trying to tell you. (n/t) - ER - 7/13/2008 8:51:02 PM
        
        "Imagine the kind of world we'd be living in if Big Business and the wealthy elites had their way."- No need to imagine - ARRELL - 7/13/2008 5:54:15 PM
    - Worst of all possible worlds - TB - 7/12/2008 6:08:31 PM
      - blame the victim? - Robert - 7/12/2008 7:43:23 PM
        
        Blame - TB - 7/12/2008 8:22:24 PM
      - BTW... - TB - 7/12/2008 6:34:33 PM
  - I bought my house the old-fashioned way - Eri - 7/12/2008 3:30:47 AM
    - Same here. - TB - 7/12/2008 3:42:19 AM
      - re: Same here. - Eri - 7/13/2008 6:23:45 PM
  - "The Price of Fannie Mae" - TB - 7/11/2008 5:04:28 PM
    - Thanks TB for the link... - Jody - 7/12/2008 2:54:08 AM

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