http://www.plexav.com/2008/tarp-bill-still-has-serious-flaws/ Interactive Blogging Defined Tue, 06 Jan 2009 09:28:45 +0000 http://wordpress.org/?v=abc http://www.plexav.com/2008/tarp-bill-still-has-serious-flaws/#comment-1739 links for 2008-10-04 Tue, 07 Oct 2008 01:08:56 +0000 http://www.plexav.com/?p=1481#comment-1739 <p>[...] for 2008-10-04 October 4th, 2008 Read Kenneth Feed Trackback TARP bill still has serious flaws - call your congressperson! tarp bill lacks transparency in asset sales by the treasury. Lack of protection for home mortgages. [...]</p> [...] for 2008-10-04 October 4th, 2008 Read Kenneth Feed Trackback TARP bill still has serious flaws - call your congressperson! tarp bill lacks transparency in asset sales by the treasury. Lack of protection for home mortgages. [...]

]]> http://www.plexav.com/2008/tarp-bill-still-has-serious-flaws/#comment-1643 Kenneth Tue, 30 Sep 2008 06:03:28 +0000 http://www.plexav.com/?p=1481#comment-1643 <p>Jason, you're right! The derivatives market eclipses the actual assets from which they are derived. The issue is that while the $750B could pay for all the homes that are/will fall into foreclosure, it seems that the hedge funds, the banks, foreign investors, etc., would be a bit upset that the U.S. Government invaded their quasi legal gambling hall.<br /> It seems that simply paying off the mortgages would greatly simplify the unwinding of the derivatives market. All bets against the house, LOSE! Bet against the house, especially when the house can print its own currency,I guarantee you're going to lose. Unless the house isn't interested in winning. So there you have it. My opinion on this matter.</p> Jason, you’re right! The derivatives market eclipses the actual assets from which they are derived. The issue is that while the $750B could pay for all the homes that are/will fall into foreclosure, it seems that the hedge funds, the banks, foreign investors, etc., would be a bit upset that the U.S. Government invaded their quasi legal gambling hall.
It seems that simply paying off the mortgages would greatly simplify the unwinding of the derivatives market. All bets against the house, LOSE! Bet against the house, especially when the house can print its own currency,I guarantee you’re going to lose. Unless the house isn’t interested in winning.
So there you have it. My opinion on this matter.

]]> http://www.plexav.com/2008/tarp-bill-still-has-serious-flaws/#comment-1639 Jason Mon, 29 Sep 2008 22:32:39 +0000 http://www.plexav.com/?p=1481#comment-1639 <p>Swaps and Derivative are rather simple to understand. Did you know that you can payoff all the sub prime loans for $536,964,808,868. If you payoff the loans of those that had been late in the last 12 months it would be $227,136,207,581. Its a ponzi scheme look at the banks Revenues and compare them with their net income the annual reports are available online. nomedals.blogspot.com</p> Swaps and Derivative are rather simple to understand. Did you know that you can payoff all the sub prime loans for $536,964,808,868. If you payoff the loans of those that had been late in the last 12 months it would be $227,136,207,581. Its a ponzi scheme look at the banks Revenues and compare them with their net income the annual reports are available online. nomedals.blogspot.com

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