DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - In America You Do Not Pay Your Neighbor's Mortgage. Poor Imperialarms.

**grudabor** · 02-27-2009, 12:28 PM

"In America You Do Not Pay Your Neighbor's Mortgage. Poor Imperialarms."

Looking at the bigger picture.

There is nothing wrong with "Paying Your Neighbor's Mortgage" if
1. The policy helps to reduce prime home loan foreclosures.
2. Allow property prices to stablise so that mortgagers have enough equity in the house to re-finance with the new 0% interest.

Market forces can be a crude way of correction, making more people suffer. Some intervention will cushion the fall.

Whatever the USA do, so long as they are implementing the wrong policies, my Gold investment will make more money.

02-27-2009, 12:28 PM	#5
grudabor Join Date Oct 2005 Posts 493 Senior Member	"In America You Do Not Pay Your Neighbor's Mortgage. Poor Imperialarms." Looking at the bigger picture. There is nothing wrong with "Paying Your Neighbor's Mortgage" if 1. The policy helps to reduce prime home loan foreclosures. 2. Allow property prices to stablise so that mortgagers have enough equity in the house to re-finance with the new 0% interest. Market forces can be a crude way of correction, making more people suffer. Some intervention will cushion the fall. Whatever the USA do, so long as they are implementing the wrong policies, my Gold investment will make more money.
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