Not so  The housing market is horrible.  Investors are buying low income homes because banks are not lending.  People are becoming tenants, not owners.

appeal947.  You shoulod not disburse legal opinions.  It is obviousyou are not aware that fraud does have a statute of limitations.  he S/L on common law fraud will vary from state to state, but in SC it is 3 yrs.

Dude,   You got it right.  The house of cards, built to steal money from those who earn it, will fall and the fall will again result in a massive transfer of wealth from small investors to large investors who manipulte the game.

But they can still fund studies on why lesbians tend to be overweight.  They can still piss away millions on golf trips and record-numbers of vacations for the Prez.  They can still increase the number of govt-issued limos by more than double. etc.

Boooooo!!!!  That is totally wrong.

The shrinking number of stocs for investors to buy (the mega-companies buying their competition) is one reason why the price of these remaining stocks rise in the abscence of a healthy economy.  I would submit, less competition is one reason the economy is so bad.

In the economic war between the haves and the have-nots for control of the distribution of the world's resources (wealth), the Fed and the other central banks are controlled by and represent the haves, and most particularly the very wealthy.  That is why Greenspan always worried about "wage inflation" and not just plai...more

It is just plain wrong for people to be forced to go on financial "diets" or even fasts, when Uncle Sam is gorging on the fruits of their labot.

Obama and his supporters lie almost every time they open their mouths about politics or any govt program.