stimulating housing demand will cure the economy

[Oddball]

They've had such growth because guess who is their #1 customer?

When the day comes that they start dumping the USD (and it will), I hope you're up to your neck in gubmint cheez futures.

 

[EdwardBaiamonte]

They've had such growth because guess who is their #1 customer?

Europe in their number 1

When the day comes that they start dumping the USD (and it will), I hope you're up to your neck in gubmint cheez futures.

it will never come because if they dump them their value will fall to nothing, and besides its only $1.2 trillion as I recall.

 

[Rozman]

Good God are we gonna start another housing bubble.
Banks being forced to give out mortgages to people who can't pay it back.
Fannie and Freddie handing out mortgages again to people who really don't qualify
because the Executives there had their bonuses based on how many loans they approved...

 

[EdwardBaiamonte]

Good God are we gonna start another housing bubble.
Banks being forced to give out mortgages to people who can't pay it back.
Fannie and Freddie handing out mortgages again to people who really don't qualify
because the Executives there had their bonuses based on how many loans they approved...

it's what liberalism requires: you must stimulate another bubble to replace the one that just burst!! This constant liberal mal-investment is exactly how the soviets and chinese slowly starved 125 million to death.

 

[usmcstinger]

Who are the people that will be buying these houses? Banks are going to have stricter requirements for home loans.

 

[EdwardBaiamonte]

Who are the people that will be buying these houses? Banks are going to have stricter requirements for home loans.

in a perfect world but in this world the liberals have no option but to stimulate the economy with mal-investment! Do you know of another policy they have to help the economy? Republicans want to get rid of Fan/Fred, not liberals.

 

[Staidhup]

The only way for housing to recover is to embrace a framework spurring long term stable private sector employment . After all, people have to qualify, based on earnings, for loan approval.

How do you accomplish this increase in employment? simple, reduce the maximum corporate tax rate to 20%, establish manufacturing enterprise zones, cut frivolous and repetitive development regulations, embrace right to work legislation, allow multi internationals the ability to repatriate post, country of earnings origin taxes, off shore earnings without further taxation, change the liberal mind set to embrace the fact that corporations are not evil, and finally limit the amount of government meddling in corporations.

 

[EdwardBaiamonte]

How do you accomplish this increase in employment? simple, reduce the maximum corporate tax rate to 20%,

All good points but why not eliminate the corporate tax altogether since, 1) it is passed on to consumers anyway, and 2) and it is a huge distraction from business efficiency!!