Comments on: Obama’s Challenge: The Mortgage Market http://www.ritholtz.com/blog/2008/11/obamas-challenge-the-mortgage-market/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 21:38:31 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: wunsacon http://www.ritholtz.com/blog/2008/11/obamas-challenge-the-mortgage-market/comment-page-1/#comment-127757 wunsacon Fri, 21 Nov 2008 02:09:32 +0000 http://www.ritholtz.com/blog/?p=10236#comment-127757 Send checks to taxpayers every month until prices start stabilizing. Send checks to taxpayers every month until prices start stabilizing.

]]> By: wunsacon http://www.ritholtz.com/blog/2008/11/obamas-challenge-the-mortgage-market/comment-page-1/#comment-127756 wunsacon Fri, 21 Nov 2008 02:08:11 +0000 http://www.ritholtz.com/blog/?p=10236#comment-127756 Reconvene the G20 and tell them: "monetization is good for business". Show them how they, too, are losing tax revenue (in real and nominal terms) during USD deflation, thanks to every business and every consumer "tightening up". Bailouts targeting particular sectors (banks) or underwater home "squatters" are too arbitrary ("AIG but not GM?"), unfair ("reward failures") and inefficient ("bureaucracy and 'moral hazard'"). The tide pulled out completely out of the bay. Almost half of all boats have run aground onto sandbars. The rest of the boats are stuck in their own puddles and thus can't navigate to trade with each other. Trying to raise and lower particular boats won't do enough. What we want is to re-flood the bay. Reconvene the G20 and tell them: “monetization is good for business”. Show them how they, too, are losing tax revenue (in real and nominal terms) during USD deflation, thanks to every business and every consumer “tightening up”.

Bailouts targeting particular sectors (banks) or underwater home “squatters” are too arbitrary (“AIG but not GM?”), unfair (“reward failures”) and inefficient (“bureaucracy and ‘moral hazard’”).

The tide pulled out completely out of the bay. Almost half of all boats have run aground onto sandbars. The rest of the boats are stuck in their own puddles and thus can’t navigate to trade with each other. Trying to raise and lower particular boats won’t do enough. What we want is to re-flood the bay.

]]> By: jmborchers http://www.ritholtz.com/blog/2008/11/obamas-challenge-the-mortgage-market/comment-page-1/#comment-127718 jmborchers Thu, 20 Nov 2008 23:56:43 +0000 http://www.ritholtz.com/blog/?p=10236#comment-127718 OMG. Why does Disney need money? Walt Disney Co. (DIS) on Thursday registered with the Securities and Exchange Commission to sell 10.4 million common shares from time to time. The Burbank, Calif., entertainment and media company said it is offering a direct stock purchase plan for shareholders. Disney intends to use any proceeds for general corporate purposes, it said in its filing. OMG. Why does Disney need money?

Walt Disney Co. (DIS) on Thursday registered with the Securities and Exchange Commission to sell 10.4 million common shares from time to time.

The Burbank, Calif., entertainment and media company said it is offering a direct stock purchase plan for shareholders.

Disney intends to use any proceeds for general corporate purposes, it said in its filing.

]]> By: jmborchers http://www.ritholtz.com/blog/2008/11/obamas-challenge-the-mortgage-market/comment-page-1/#comment-127714 jmborchers Thu, 20 Nov 2008 23:47:03 +0000 http://www.ritholtz.com/blog/?p=10236#comment-127714 What is the fastest way to reflate the US? What is the fastest way to reflate the US?

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