tag:blogger.com,1999:blog-20524196.post5433300301557978298..comments2024-02-14T11:00:03.180-05:00Comments on Tom McLaughlin: Teaching the CrisisTom McLaughlinhttp://www.blogger.com/profile/07691546351143209227noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-20524196.post-23212070446773409202008-10-21T22:48:00.000-04:002008-10-21T22:48:00.000-04:00Tom, I am not ready to buy my own house yet, but I...Tom,<BR/><BR/> I am not ready to buy my own house yet, but I am worried about what expenses may come with the buying of my house. I was wondering if you could write an article and elaborate more on prices and taxes of what buying a house might cost me. It would be very much appreciated. Thank you for expressing your views, I enjoy reading what you have to say.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20524196.post-35777469340128376712008-10-06T12:22:00.000-04:002008-10-06T12:22:00.000-04:00Tom: Too bad you disagree about the coming of a W...Tom: Too bad you disagree about the coming of a World Authority. You are in the vast majority. Hope all the potential Global catastrophies on the edges of all current radar screens will blip out. GordoAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-20524196.post-15211488542689009752008-10-05T16:13:00.000-04:002008-10-05T16:13:00.000-04:00The timing of what has been brewing now for decade...The timing of what has been brewing now for decades is curious. A down economy is largely thought to be an advantage to the Obama campaign that is supported to the point of being owned by George Soros. Soros has been convicted in France for market manipulation, and the timing could hardly have been worse for the McCain campaign. Could this be Soros protecting his investment in the left?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-20524196.post-31456090496583398082008-10-04T15:02:00.000-04:002008-10-04T15:02:00.000-04:00Avatar: Mandating that banks lend to people who ca...Avatar: <BR/>Mandating that banks lend to people who can't pay back loans was dumb to begin with. Let people save their money for down payments, or let them declare all their income. Many work in the underground economy and hide their income to avoid taxes.<BR/><BR/>Government should regulate banks in FDIC/FSLIC and should bail out depositors as promised, but shouldn't bail out the banks themselves. Let's hope we've learned our lessons on this, but we'll see.<BR/><BR/>Gordo:<BR/>I'd like to see the UN disbanded, or at least let the US resign from it and evict them from NYC. We're better off without them.<BR/><BR/>After that, let's participate in smaller organizations like the E8, IMF, NATO, etc. as long as it's in our interest to do so.Tom McLaughlinhttps://www.blogger.com/profile/07691546351143209227noreply@blogger.comtag:blogger.com,1999:blog-20524196.post-52373397658438208022008-10-04T12:57:00.000-04:002008-10-04T12:57:00.000-04:00Tom: Just read your piece; I think it's the best ...Tom: Just read your piece; I think it's the best attempt to describe this mess I've seen so far.<BR/><BR/>There is one matter I'd like to raise however. You did not address or even mention the Global aspect. Overseas banks, as foolish and greedy as our own, gobbled up these mortgages and are now also facing the same consequences. I see today that the 4 largest European economies are scheduled to meet to see what, if anything. they need to do. Should be instructive to see their reaction.<BR/><BR/>It does bring up another, very unpopular, topic. Does it not seem that all the major problems of today are Global in nature, and the number is increasing steadily? <BR/>Logically does it not seem that we will have to face facts at some time in the near future and sart support for some type of World Supervisory Power; one with teeth enough to enforce it's proposals?<BR/>I think we all agree that the Un is not structured to be that body and that a third system is necessary. GordoAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-20524196.post-24696813551558090142008-10-01T21:44:00.000-04:002008-10-01T21:44:00.000-04:00To keep up with Wall Street expectations, Fannie M...To keep up with Wall Street expectations, Fannie Mae held onto more mortgages and mortgage-backed securities for investment purposes. The same practice nearly drove the company into bankruptcy in the early 1980s. Once again it was spared in 2008.<BR/>nomedals.blogspot.comJasonhttps://www.blogger.com/profile/11707747781007743555noreply@blogger.comtag:blogger.com,1999:blog-20524196.post-20437876812477610782008-10-01T19:41:00.000-04:002008-10-01T19:41:00.000-04:00It is indeed me. A google alert I had set up for "...It is indeed me. <BR/><BR/>A google alert I had set up for "Lovell" picked up your blog a couple of months back. Added it to my RSS reader and the rest is a history of your words.Djangohttps://www.blogger.com/profile/13162358894466350091noreply@blogger.comtag:blogger.com,1999:blog-20524196.post-43655632291818900182008-10-01T17:28:00.000-04:002008-10-01T17:28:00.000-04:00Hi Django,I agree with your analysis. The stock ma...Hi Django,<BR/><BR/>I agree with your analysis. The stock market dove, but leveled off and even rose some yesterday. No, the sky isn't falling yet and that's good.<BR/><BR/>You must be the Django from North Lovell, right? Could there be another? Doubt it.Tom McLaughlinhttps://www.blogger.com/profile/07691546351143209227noreply@blogger.comtag:blogger.com,1999:blog-20524196.post-14367612716357024412008-10-01T10:35:00.000-04:002008-10-01T10:35:00.000-04:00Unfortunately, if there is one thing you can count...Unfortunately, if there is one thing you can count on Congress to do, it's to misunderstand a problem and try to fix it in ways that will not help or hurt in the long run.<BR/><BR/>That the House didn't just sign the first bill that was thrust in front of them (at the behest of their angry constituents: "Who are they, asked the Representatives? It's been so long we'd forgotten they existed!") is an encouraging sign. However, with all of Congress anxious to get back to their home states and campaign for their own elections, they most likely will continue to rush to a solution without proper analysis or looking at all of the options. The good news is that every day that goes by and a bill *isn't* signed, is a day that shows the world that the sky *hasn't* fallen and eases the panic mentality.Djangohttps://www.blogger.com/profile/13162358894466350091noreply@blogger.comtag:blogger.com,1999:blog-20524196.post-57101729652343053472008-10-01T09:22:00.000-04:002008-10-01T09:22:00.000-04:00This comment has been removed by the author.Djangohttps://www.blogger.com/profile/13162358894466350091noreply@blogger.com