How will Obama and Turbo Tax Tim and Big Ben handle the next looming financial disaster?
Feb 22, 2010
in
Commercial Property Loans
I’m talking about commercial real estate? Forgot about that one did you DEMS? And you want to know why I think Stock Markets are going to crash? Look no further than commercial real estate loans going bad….The housing crises is small potatoes compared to this….Comments?
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10 comments
captain awesome on February 22, 2010 at 5:47 pm
They’ll throw more money at the problem which will only exacerbate it. Historically, this is what Keynesians do.*
Glenn Beck's tears on February 22, 2010 at 5:47 pm
Yes, this is the next big bubble to burst and you can’t blame this one on irresponsible home owners or Fannie Mae & Freddie Mac. This is the fault of the business sector and we will probably end up bailing out these ‘too big to fail’ companies – again.
Neocons Hate Me on February 22, 2010 at 5:47 pm
This has been a cloud on the horizon for about a year now. I hope Democrats and Republicans will engage in bipartisan cooperation as they address this problem – but given the conservative track record of obstructionism I’m not holding my breath.
zzsleepur on February 22, 2010 at 5:47 pm
I have been posting this for days now…and no one has said anything.
NOW we are in a 1.4 trillion dollar crisis with banks again…..commercial real estate is coming down and a second shock of economy is coming. WHEN HAS BOZO OR YOUR PARTY DONE ANYTHING TO STOP THIS? NOTHING! BOZO is too busy with health care to care about anything…the man is an idiot. He knew this was coming and KNOWS it is coming and what is he doing to address it? NOTHING!
considering how dems live in denial..and were living in denial when Bush was in office and when Bush went to them 17 TIMES to warn them about the economy and they laughed at him….and did nothing…they are doing the SAME THING NOW!
Good to see someone else has finally seen it and are commenting….
Be prepared….
babybluesguy on February 22, 2010 at 5:47 pm
Commercial real estate is definitely the next shoe to drop.
What will they do? Follow the script:
1) Blame the banks
2) Blame big business
3) Raise fees and increase regulation of banks
4) Raise taxes (<-this is their favorite) on ‘the rich’ *
5) Rush through another giant pork-filled bill that will
benefit whatever senator holds out the longest.
David H on February 22, 2010 at 5:47 pm
"WHEN HAS BOZO OR YOUR PARTY DONE ANYTHING TO STOP THIS? NOTHING!"
Don’t stop it. Let it crash. Stupid should hurt. Real Estate profits are mostly funny money anyway. The gains from selling existing real estate come from inflation, not from production. WE NEED TO PRODUCE GOODS. Reselling what we already have isn’t going to help us.
Toadhead on February 22, 2010 at 5:47 pm
They will handle it with political payoffs and bribes just like how they handled the last one.
Can you say Stimulus Bill or more precisely Political Payoff Bill
kscottmccormick on February 22, 2010 at 5:47 pm
There are plenty of other problems vying to be the next financial disaster.
gosam777 on February 22, 2010 at 5:47 pm
They are busy working overtime preparing the Rush, Beck, Palin diversions at the moment
Howard on February 22, 2010 at 5:47 pm
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