Right, and one of the conditions that the dems have gotten written into this deal, if what I'm reading is correct, is that WE, the taxpayers, would get to somehow reap that profit, should it come.
No idea how that works, but that's what I've read. On Thu, Sep 25, 2008 at 1:19 PM, Dana <[EMAIL PROTECTED]> wrote: > no, because he will be engaged in a buy and hold strategy. The whole > point is that a quarter-million-dollar house if currently not worth a > quarter-million, merely because of the current climate. So if you buy > and seel when the market has recovered, you make a profit. > Theoretically. So even if the money is gone there will still be > assets. > > On Thu, Sep 25, 2008 at 12:15 PM, G Money <[EMAIL PROTECTED]> wrote: > > Isn't that specifically what the proposal in question is talking > about....? > > How to spend the $700 billion? It says that whatever the treasury > secretary > > wants to buy, he gets to decide...without a court or committee or > anything > > else getting any say-so. > > > > I mean, that's not a good thing, in my opinion, but that's hardly > > dictatorial powers. When the money's used up, this power's gone. > > > > On Thu, Sep 25, 2008 at 12:41 PM, Dana <[EMAIL PROTECTED]> wrote: > > > >> are you sure of that? I am not. > >> > >> On Thu, Sep 25, 2008 at 6:20 AM, G Money <[EMAIL PROTECTED]> wrote: > >> > "his decisions" > >> > > >> > No, only his decisions on what assets to buy etc. with the bailout > money. > >> I > >> > don't agree with it, but it's MUCH more benign than "The Treasury > >> Secretary > >> > becomes a dictator!" > >> > >> > > > > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:270875 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
