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Can we sue?


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2007 Dec 6, 11:49am   11,236 views  98 comments

by Patrick   ➕follow (59)   💰tip   ignore  

fist

With the Bush administration manipulating the housing market to prop up falling prices, a reader asks:

I understand that the investors in mortgage-backed bonds will sue, but what about a class action suit representing folks like myself who will now have to wait longer to buy a place?

Potential buyers face higher prices for a house than they would if the market were just allowed to work. This is a direct harm to millions of people, especially young families with limited income.

Is it illegal for the government to manipulate markets to benefit one class over another?

#housing

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97   Mhrist   2007 Dec 10, 7:19pm  

Autism is skyrocketing, no one knows why. Mercury is in the air from coal fire. Katrina victims are still displaced. The US is very low in the court of world opinion. Our budget shortfalls and our trade deficits are staggering. Our fiat currency is only worth anything now due to our military strength and the existing forex[foreign] reserves here.,

buddy, selective ranting of facts is aways counter productive:

Umm, about your cookoo points:
- Autism is skyrocketing, no one knows why. - Emm, society is degrading/REgrading with size and class separation
- Mercury is in the air from coal fire. - sure, but think of the 2 bil chinese you owe 1 trillion dollars (real, not inflated pos) of crap to. they have boom-boom sticks too you know.
- The US is very low in the court of world opinion - but it is high on home grown love and all that. As far as I recall, two times Bush was chosen. I'm not going to get into how, those people being wrong, will likely protect your ass against the 2 Billion Chinese you Owe 1 Trillion of Real Money to.
- Our budget shortfalls and our trade deficits are staggering. - go to NY and LA redneck, we make the moolah, and we spend it. I wear PRADA == I AM RICH. bugetiwhatgety? You think the guy I visited last week in the masion on the hills cared? Sometimes, you can get so rich so fast you can't comprehend it.
- Our fiat currency is only worth anything now due to our military strength and the existing forex reserves here - Soup, soup and more soup. Manchurian, this is the next step!

See, your master protects you, let him do so, then hang him! It is like, if the Chinese tell you if you let them control the situation then no bail out! Would you let them?

p.s. About China and the 2 Billion Pissed-Off Chinese. This is just an euphorisam. Like Pamela Anderson, read on both and you will understand, or send me an email.

Marty

98   Malcolm   2007 Dec 12, 2:12pm  

Wow Micrusson, I was in a pretty good mood until I read your comment. I actually agree with most of your rant but it is a very diverse economy and there are many people still doing very well. If you try to empathize with all the bad stuff you will depress yourself. You can do your part by taking control of your life. If you hate pollution live green. If you don't like China, refuse to buy Chinese products, it is hard I know but I have managed to drastically cut down on Chinese goods. Simplifying your life is the biggest relief. None of this crap is new, the situation may seem unique but it really isn't.

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