Quote from: the_big_m_in_ok on October 15, 2010, 05:40:15 PM
http://finance.yahoo.com/real-estate/article/111040/from-a-maine-house-a-national-foreclosure-freeze?mod=realestate-buy

This is the one that started it all?
1/3 of all existing home sales are   distressed/short sold/repossessed   houses.  This is bad.

Las Vegas could be down in home prices for years.  And years.

Is there a solution?

http://www.moneynews.com/StreetTalk/Marshall-Plan-America-Housing/2010/10/29/id/375327

Everyone in this article will need to sacrifice, but will they???

The last paragraph in the article indicates the Gov't seems to be un-representative to the people.  They will probably be required to make political sacrifices as well.  But will they?!?!?!

--Lee

Big M:
   If 2/3 of the people in this country stand up and "DEMAND" it, they have no other
alternative. Bring the assholes to trial, if they stand in the way, take them too. Force
tight regulations on banking practice and keep it in line.
   Now just to get them to move. Hmmmmm.

thay

Quote from: Thaelin on October 30, 2010, 11:36:57 PM
Big M:
   If 2/3 of the people in this country stand up and "DEMAND" it, they have no other
alternative. Bring the assholes to trial, if they stand in the way, take them too. Force
tight regulations on banking practice and keep it in line.

Right.  You have a strong point in that regard.  That was actually done---after the Great Depression.  More than that:  Regulations against derivative trading were relaxed or eliminated after they were instituted in the (60's or 70's??).  Now the "Credit Default Swaps" are worth more than $1,000,000,000,000,000 !!!!!!!!   Not kidding!!!!!  There's a strong monetary incentive to continue selling derivatives.

Quote
   Now just to get them to move. Hmmmmm.
thay

They're outnumbered, it's true.  But they have the laws and guns on their side.  They'll also do anything to hold onto what they have now.  A Banzai! charge may be the only thing that will convince then people are serious about starving to death because of them.

--Lee

In the last two or three days the media have been reporting that food prices will keep getting higher.Now is the time to build up some stores of food.Canned goods are always good except for cranberry sauce.Canned goods can last 35 years but cranberries only one year.triffid

After Pearl harbour bombing by the japanese in 1941 concentration camps (10 of them  for about 120000 japanese americans were set up).So from 1942 until the war was over America had placed 120000 of its own citizens behind barbed wire and guns.It could happen again.triffid