Comments on: Ignore the Economic Reports, Even if You Can’t Ignore the Pain http://www.moneymorning.com/2008/10/06/market-volatility/ Investment News Provider Fri, 06 Nov 2009 11:54:40 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: chris erickson http://www.moneymorning.com/2008/10/06/market-volatility/comment-page-1/#comment-10610 chris erickson Tue, 07 Oct 2008 03:31:39 +0000 http://www.moneymorning.com/?p=2442#comment-10610 The issue now is whether the banks will start lending as they should or will they tuck their tails between their legs & run /hide... If they don't make money avaliable the bill/bailout will be a sham / for nought...The key to fixing this is 1 getting money out to people ; 2 stabilze housing , 3 get companies to start producing goods & services here instead of over seas..... Now if congress had realy wanted to help they would have made the access to these funds ; tied to refinancing all existing loans to a lower rate & to discount the value of the property / loan buy the amount that realestate has dropped in the areas where the loans are made/issued... The lenders as it is will be taking a very large tax credit any way & not paying ant taxes if any due to the loss they have taken this year or maybe for a few years .. On top of this they are going to be able to dump all if not most of the bad loans they hold on the goverment/tax payer.... But congress just panicked & gave the money out with no real strings attached.. So lets see if they lenders get their heads out of where the sun doesn't shine & do the right thing , or will the just keep their heads there with their tails between their legs , saying woe is me , woe is me .... But they are foregetting about the tax payer who is the one holding the bag for their greed. Who now is paying their bill for them ... What a joke.... Lets see if they will actualy help or not... The issue now is whether the banks will start lending as they should or will they tuck their tails between their legs & run /hide… If they don’t make money avaliable the bill/bailout
will be a sham / for nought…The key to fixing this is 1 getting
money out to people ; 2 stabilze housing , 3 get companies to start producing goods & services here instead of over seas…..
Now if congress had realy wanted to help they would have made the access to these funds ; tied to refinancing all existing loans to a lower rate & to discount the value of the property / loan buy the amount that realestate has dropped in the areas where the loans are made/issued… The lenders as it is will be taking a very large tax credit any way & not paying ant taxes if any due to the loss they have taken this year or maybe for a few years .. On top of this they are going to be able to dump all if not most of the bad loans they hold on the goverment/tax payer…. But congress just panicked & gave the money out with no real strings attached..
So lets see if they lenders get their heads out of where the sun doesn’t shine & do the right thing , or will the just keep their heads there with their tails between their legs , saying
woe is me , woe is me …. But they are foregetting about the
tax payer who is the one holding the bag for their greed.
Who now is paying their bill for them … What a joke….
Lets see if they will actualy help or not…

]]> By: Andy Abraham http://www.moneymorning.com/2008/10/06/market-volatility/comment-page-1/#comment-10588 Andy Abraham Mon, 06 Oct 2008 18:16:47 +0000 http://www.moneymorning.com/?p=2442#comment-10588 What happens if we get into a very long term situation as in Japan ..or as we have been discussing on Myinvestorsplace.com... buying in too early as Ben Graham did...What do you suggest we really do? Thank you in advance.. What happens if we get into a very long term situation as in Japan ..or as we have been discussing on Myinvestorsplace.com… buying in too early as Ben Graham did…What do you suggest we really do? Thank you in advance..

]]> By: Rick R. Pelley http://www.moneymorning.com/2008/10/06/market-volatility/comment-page-1/#comment-10579 Rick R. Pelley Mon, 06 Oct 2008 14:45:47 +0000 http://www.moneymorning.com/?p=2442#comment-10579 Those on the watch, of course, cannot, and should not, “ignore” per se, the economic reports coming out these days. But the pain, when one needs to pay for something, with or without reports, is becoming more intense and unbearable. This “money” phenomenon when seen against the backdrop of a “changing” overall world picture can be understood. Pain for certain individuals, therefore, can mean “gain” in the long run scheme of things. Those on the watch, of course, cannot, and should not, “ignore” per se, the economic reports coming out these days. But the pain, when one needs to pay for something, with or without reports, is becoming more intense and unbearable.

This “money” phenomenon when seen against the backdrop of a “changing” overall world picture can be understood.

Pain for certain individuals, therefore, can mean “gain” in the long run scheme of things.

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