tag:blogger.com,1999:blog-10248241.post8023289330165126496..comments2023-02-16T05:41:44.099-05:00Comments on IMRAN™: In My Humble Opinion: Profit From The Meltdown: Part 1 - As The World Averts Financial DisasterIMRAN™http://www.blogger.com/profile/03919552891874811342noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-10248241.post-47614638857458664762009-11-11T21:55:43.866-05:002009-11-11T21:55:43.866-05:00I agree that Apple really booming the mobile phone...I agree that Apple really booming the mobile phone market.<br /><br />Nice article :)<br /><a rel="dofollow" href="http://iphoners.org" rel="nofollow">iPhone Users</a>iPhone Usershttp://iphoners.orgnoreply@blogger.comtag:blogger.com,1999:blog-10248241.post-44533298101060511362008-11-18T14:45:00.000-05:002008-11-18T14:45:00.000-05:00Great article.It is refreshing to read something p...Great article.<BR/><BR/>It is refreshing to read something positive about the current economic conditions. The majority of the pundits and main stream media, including some of the ‘financial experts’ seem to enjoy looking into the abyss of a world wide economic depression, spew all kinds of negative ideas, doom and gloom, and relish the panic they create. Having lived through the Gerald Ford WIN (Whip Inflation Now) campaign, Jimmy Carter’s era of 17% - 20% interest rates, the October 1987 debacle, the dot com bust, and the current situation, it all comes down to cycles. You have been able to put this into understandable terms. Undoubtedly, such obeservations will be met with skepticism, and ridicule. You are to be appluaded for trying to enlighten those who are blind to the realities we are living.<BR/><BR/>However, there is one area were we differ. You seem to place the blame for this ‘financial opportunity’ at the feet of the current Bush administration. No one is foolish to think the situation could not have been handled in a more effective manner. But, the seeds for the difficulties with the lending institutions were sown several decades ago. As early as 1977, the liberals in this country began the slide down the slippery slope [sorry, but it had to be used] towards socialism, by helping those in need with the opportunity to purchase and own their own home through ACORN. An ideal which even the most hard-hearted would be proud to support. But, it became a political tool. People with no visible income were afforded the luxury of obtaining a mortgage via an aptly named vehicle called the “NINJA” loan.<BR/><BR/>The anacronym stands for No Income, No Job, Approved . Financially, every person responsible, from the lending institutions to those applying pressure to the institutions should be held accountable.<BR/><BR/>Please do not misunderstand, any person capable of paying off a mortgage should be able to receive such. The brow beating, cajoling and political pressure placed on lending institutions to approve mortgages to individuals and families with no conceivable expectations of being able to pay them off is not the responsibility of the Bush Administration. When warnings were voiced three and four years ago about such practices at Fannie Mae and Freddie Mac, measures should have been taken. They weren’t. That certainly falls on the shoulders of the current administration, and Congress.<BR/><BR/>Other factors, including lax or non-existent regulatory oversight of investment banks, specultation, and over building have contributed to the ‘financial opportunity’.<BR/><BR/>As one pundit said, “This happens once or twice a generation.”<BR/><BR/>Let’s hope some measure of financial prudence returns to the market place.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-10248241.post-77488207795480940002008-10-20T05:50:00.000-04:002008-10-20T05:50:00.000-04:00The soaring prices in the real estate and the rise...The soaring prices in the real estate and the rise in construction activity had been supported by the steady arrival of foreign remittances. The real estate sector grew to new heights as cities like Kochi started implementing infrastructure projects like the Vallarpadom transhipment terminal and LNG terminal. It was the NRI segment that sustained this growth. A meltdown in the real estate sector would mean that the sale of the building materials would decline, resulting in a fall in the tax revenues to the government.For more view- realtydigest.blogspot.comRealty Riderhttps://www.blogger.com/profile/12992753937563556345noreply@blogger.comtag:blogger.com,1999:blog-10248241.post-76735199304430145582008-10-19T22:18:00.000-04:002008-10-19T22:18:00.000-04:00Interesting points that are stated well and exhib...Interesting points that are stated well and exhibit knowledge and thought.Alternative Health Choices with Shaklee Independent Distributor Vicki Zerbeehttps://www.blogger.com/profile/02213583157953645019noreply@blogger.comtag:blogger.com,1999:blog-10248241.post-40841976636979286782008-10-19T11:23:00.000-04:002008-10-19T11:23:00.000-04:00Very well written and lucid piece. regardsVery well written and lucid piece. <BR/><BR/>regardsGhazala Khanhttps://www.blogger.com/profile/03848375663851294442noreply@blogger.com