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#2
01-29-2008, 08:17 PM
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The government should set up a fund to support the Mortgage Back Security bond market.
Without a bond market you don't have liquidity and mortgages, no matter how low they drop the rate.
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Loving my BMW 
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#4
01-29-2008, 10:54 PM
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Hey Eric..... Where are you?????
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"What you hear in a great jazz band is the sound of democracy. “The jazz band works best when participation is shaped by intelligent communication.” Harmony happens whenever different parts get to form a whole by means of congruity, concord, symetry, consistency, conformity, correspondence, agreement, accord, unity, consonance……. 
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#5
01-29-2008, 11:20 PM
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Quote:
__________________
 my experience on X5world when I spend too much time posting in political threads in the lounge... 
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#6
01-29-2008, 11:25 PM
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Quote:
Now get this...A 750 square foot house in a lower middle class neighborhood goes for over $150,000. My guess would be this has largely to do with our effort to bring stability to the region. If we were to pull out in defeat the extremists would pour into Baghdad and Iraq would become the terrorist capital of the World. Good luck going back in to clean up that mess.
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#7
01-30-2008, 02:19 AM
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Quote:
   BTW, there is no more capitalism in Iraq today than there was 10 years ago. Iraq always had capitalism, with the exception of their nationalized oil industry, which is still nationalized today.  I'd be curious to know what real estate prices were like in Baghdad prior to 1990. Iraq had a very healthy economy back then before the Gulf War.
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my experience on X5world when I spend too much time posting in political threads in the lounge...
Last edited by Eric5273; 01-30-2008 at 02:33 AM.
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#8
01-30-2008, 06:21 AM
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I figured Estrada (Eric that is) would have made a B-line to Bagdad and started those infomercials all over again....... Yep paradise in the making...
Quote:
__________________
"What you hear in a great jazz band is the sound of democracy. “The jazz band works best when participation is shaped by intelligent communication.” Harmony happens whenever different parts get to form a whole by means of congruity, concord, symetry, consistency, conformity, correspondence, agreement, accord, unity, consonance…….
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