sceptic

cough It is adding artificial stability to the housing market right now. Without the GSE the housing crash would likely be more severe/quicker as there would be even fewer buyers and prices would go down faster. Now, arguably, that would be a good thing as a fast crash may be better than a slow and lingering one, but I think the GSE are adding to the stability of housing prices right now. yes, right now maybe they are, but if brokering peoples lives, was not happening, the market would have been stable through some other method, just because Fannie and Freddie are being proped up now, does not mean that we shouuuld be grateful andf happy, nor should we accept that maybe it is a flawed system

I am talking social responsibilty here, I am not an economist, I think everyone has a right, to some security for their basic needs in life, Home and wages,etc, if people are lucky enough to have extra left over to invest, they should be free to invest in as risky an investment as they want and if they want yo pay people huge commisions and bonuses for increasing their wealth (I describe wealth as surplus to basic needs for living in the modern world) then, if it all goes tits up, that is a risk, they have a choice about and can do something about and blame no one else if it goes wrong, they sure as hell do not moan when the gains are coming thier way

Actually, a lot of people could be naive, Fannie may or may not be good and its smaller brother Freddie are not where people expect their mortgages to be, If I take out a mortgage with a bank, I always expected that that bank would hold my mortgage (very naive of me) and earn interest from my regular payments, no one ever explained to me, that my debt would be brought by some appropriately named Fannie, and then sold off to investors (who we all know just want as much profit as possible, even whilst having thier investment guarenteed by said Fannie and herein possibly lies part of the problem) All in all, I doubt many joes in the street expected thier mortgages to be hawked around all and sundry trying to cream off as much profit as possible, just to enable the banks to keep lending the same money, you can only lend the same dollar so many times before someone wants them all back at the same time or someone runs out of dollars In fact Fannie Mae, buys mortgaes and then sells them on to investors, so I cant accept that the ordinary joe, does not have mortgages with Fannie and Bro, Fannie and Fred, have probably owned every americans mortgage at some time or another if only briefly

cough

if everything is rosy, why are the Tax payers bailing out these two big mortgage lenders

actually , I dont think the mortages rate is protected and that is what hurts people. I am sure that the mortage crisis is effecting mortgage rates, so if that is the case, so that does effect your mortgage. Why not let the banks go bust, if everyones money is safe

a bank or financial organisation has this basic remit for all, then they must trade as a seperate company for all high risk activity, thus when things go pear shape, the ordinary joe in the street is safe and no need for tax payers to bail out the greedy bastards as for already regulated, obviously not very well

Why not, heavily regulate Mortages (first house only i.e the home) heavily regulate one current account and one savings account per person or couple to an acceptable or working limit, also allowing one personal loan to a an acceptable working amount, making sure that these are no (or as low risk as is feasibly possible) risk areas. Then deregulate every thing else and let the greedy bastards, take as many risks as they like with the rest of the money, that way the ordinary joe in the street wont get screwed by thier incompetance

I do accept that, I know I was wrong, I knew I was wrong when my partner asked me to post this hand in the forums, I have a problem with bidding judgement sometimes, thats all especially as not for the first time, a minor suit contract could be better than a NT contract. 6!D I got carried away, was not the first time, wont be the last time (hopefully this will get better by the time I am 80) as for Rogers take on the matter, he is not the only one in here that could pass a theory exam, but can't pass the practical test

from Flash

Thanks for comment and don't read em if you don't like em

A spade A club lead kills me I know as does any two ace leads

ok, have a field day here, BUT, my p usually has 13 hcp for this bid, given I am getting the lead into my hand, what 13 hcp hand does 6 diamonds not have a chance in, please bear in mind, I am confident pard has diamonds for the 3nt bid

[hv=d=w&v=a&n=s3haq87dkqt983ck4&w=s764hkt3dj7cqjt85&e=skqt95h642d62c973&s=saj82hj95da54ca62]399|300|Scoring: IMP[/hv] West North East South Pass 1♦ Pass 1♠ Pass 2♦ Pass 3NT Pass 6♦ Pass Pass Pass

.WIFE VS. HUSBAND A couple drove down a country road for several miles, not saying a word. An earlier discussion had led to an argument and neither of them wanted to concede their position. As they passed a barnyard of mules, goats, and pigs, the husband asked sarcastically, 'Relatives of yours?' 'Yep,' the wife replied, 'in-laws.' W O R D S A husband read an article to his wife about how many words women use a day... 30,000 to a man's 15,000. The wife replied, 'The reason has to be because we have to repeat everything to men... The husband then turned to his wife and asked, 'What?' CREATION A man said to his wife one day, 'I don't know how you can be so stupid and so beautiful all at the same time. ' The wife responded, 'Allow me to explain. God made me beautiful so you would be attracted to me; God made me stupid so I would be attracted to you! WHO DOES WHAT A man and his wife were having an argument about who should brew the coffee each morning. The wife said, 'You should do it, because you get up first, and then we don't have to wait as long to get our coffee.' The husband said, ' You are in charge of cooking around here and you should do it, because that is your job, and I can just wait for my coffee.' Wife replies, 'No, you should do it, and besides, it is in the Bible that the man should do the coffee.' Husband replies, 'I can't believe that, show me.' So she fetched the Bible, and opened the New Testament and showed him at the top of several pages, that it indeed says..........'HEBREWS' The Silent Treatment A man and his wife were having some problems at home and were giving each other the silent treatment. Suddenly, the man realized that the next day, he would need his wife to wake him at 5:00 AM for an early morning business flight. Not wanting to be the first to break the silence (and LOSE), he wrote on a piece of paper, 'Please wake me at 5:00 AM.' He left it where he knew she would find it. The next morning, the man woke up, only to discover it was 9:00 AM and he had missed his flight. Furious, he was about to go and see why his wife hadn't wakened him, when he noticed a piece of paper by the bed. The paper said, 'It is 5:00 AM. Wake up.' Men are not equipped for these kinds of contests. God may have created man before woman, but there is always a rough draft before the masterpiece.

They do in my world! (and if that statement is not leaving yourself wide open I have no idea what is)

I married her :)

I urgently needed a few days off work, but I knew the Boss would not allow me to take a leave. I thought that maybe if I acted "CRAZY" then he would tell me to take a few days off. So I hung upside down from the ceiling and made funny noises. My co-worker (who's blonde) asked me what I was doing? I told her that I was pretending to be a light bulb so that the Boss would think I was "CRAZY" and give me a few days off. A few minutes later the Boss came into the office and asked "What are you doing ?" I told him I was a light bulb. He said "You are clearly stressed out. Go home and recuperate for a Couple of days." I jumped down and walked out of the office. When my co-worker (the Blonde) followed me, the Boss said to her, "And where do you think You're going?" She said, "I'm going home too, I can't work in the dark!"

get truscotts flash cards they are fun

Tolerance is the key and yes it can be quite frustrating for you, but, it is probably more frustrating for the people with conn probs

You got to find somebody who likes the same stuff. Like, if you like sports, she should like it that you like sports, and she should keep the chips and dip coming. -- Alan, age 10 No person really decides before they grow up who they're going to marry. God decides it all way before, and you get to find out later who you're stuck with. -- Kristen, age 10 WHAT IS THE RIGHT AGE TO GET MARRIED? Twenty-three is the best age because you know the person FOREVER by then. -- Camille, age 10 HOW CAN A STRANGER TELL IF TWO PEOPLE ARE MARRIED? You might have to guess, based on whether they seem to be yelling at the same kids. -- Derrick, age 8 WHAT DO YOU THINK YOUR MOM AND DAD HAVE IN COMMON? Both don't want any more kids. -- Lori, age 8 WHAT DO MOST PEOPLE DO ON A DATE? Dates are for having fun, and people should use them to get to know each other. Even boys have something to say if you listen long enough. -- Lynnette, age 8 (isn't she a treasure) On the first date, they just tell each other lies and that Usually gets them interested enough to go for a second date. -- Martin, age 10 WHAT WOULD YOU DO ON A FIRST DATE THAT WAS TURNING SOUR? I'd run home and play dead. The next day I would call all the newspapers and make sure they wrote about me in all the dead columns. -- Craig, age 9 WHEN IS IT OKAY TO KISS SOMEONE? When they're rich. -- Pam, age 7 The law says you have to be eighteen, so I wouldn't want to mess with that. - - Curt, age 7 The rule goes like this: If you kiss someone, then you should marry them and have kids with them. It's the right thing to do. -- Howard, age 8 IS IT BETTER TO BE SINGLE OR MARRIED? It's better for girls to be single but not for boys. Boys need someone to clean up after them. -- Anita, age 9 (bless you child) HOW WOULD THE WORLD BE DIFFERENT IF PEOPLE DIDN'T GET MARRIED? There sure would be a lot of kids to explain, wouldn't there? -- Kelvin, age 8 And the #1 Favorite is........ HOW WOULD YOU MAKE A MARRIAGE WORK? Tell your wife that she looks pretty, even if she looks like a dump truck. -- Ricky, age 10

Slap the ***** out of a Frenchman. I am very suprised at you Winston...... why do you assume the English are racist and why do you assume we hate the French? Well, the French pretty much ruined the monarchy concept with Bastille Day and that revolution they allowed to occur. I figure the British empire would still be intact except for the French buggering it up for all the other kings and queens. :P Edit (All Empires come tumbling down due to their own ineptitudes and complacency), I don't think you can blame it on the French..... but it is a nice thought

I do not think bugger is consider anything other than a mild expression, I cant say I have ever heard it used as anything other than a very mild expletive and I can't recall anyone really taking offence at this word. I would rate it along side calling some one silly

Slap the ***** out of a Frenchman. I am very suprised at you Winston...... why do you assume the English are racist and why do you assume we hate the French?

I always thought buggery and sodomy were male and female related