Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: palmer; Travis McGee; ThePythonicCow; ex-Texan; Attention Surplus Disorder; AndyJackson; ...

You are being pinged. Too much pinging going on here! But then, these are historic economic times.


2 posted on 10/14/2008 12:56:13 PM PDT by Freedom_Is_Not_Free
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Freedom_Is_Not_Free

I think the government is making a massive mistake if they are too aggressive trying to forgive mortgage debt by owners on the edge of foreclosure.

If they are too aggressive renegotiating loans for troubled home owners, more people who can afford their mortgages but are upside down on those loans will just stop paying, in hopes the government will come and lower their loan and interest rates.

Rather than reduce the losses by preventing foreclosure, this will increase the losses by reducing cash flow to the banks.

You get more of what you subsidize. If the banks subsidize bad behavior through mortgage defaults, they will get more of them.


3 posted on 10/14/2008 1:01:40 PM PDT by Freedom_Is_Not_Free
[ Post Reply | Private Reply | To 2 | View Replies ]

To: Freedom_Is_Not_Free

Ping away! How to play a bond collapse? Did you ask?

The only ways I know of are:

RRPIX Rydex
RYJUX Rydex

DXKSX Direxion

The Rydex funds have decent yields circa 4% and I like their charts. The Direxion fund I consider a litle off-brand. Also has a much lower yield, circa 1.3%.


8 posted on 10/14/2008 1:18:05 PM PDT by Attention Surplus Disorder (Tired from wondering whether we wake up in the newest socialist country tomorrow.)
[ Post Reply | Private Reply | To 2 | View Replies ]

To: Freedom_Is_Not_Free
Please remove me from this and all future ping lists. Unsolicited pings are spam. Thank you.
11 posted on 10/14/2008 2:05:29 PM PDT by JasonC
[ Post Reply | Private Reply | To 2 | View Replies ]

To: Freedom_Is_Not_Free
you can never pay off your house your house will never be yours you will stay in debt all your life unless the government stops property taxes all this is bullshit those same people who are crying about bank foreclosure are the same politicians who will foreclose on your home if you miss a tax payment
131 posted on 10/15/2008 12:27:19 AM PDT by KingNo155
[ Post Reply | Private Reply | To 2 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson