Comments on: Government to Pay Homeowners to Sell at a Loss http://www.businesspundit.com/government-to-pay-homeowners-to-sell-at-a-loss/ Entrepreneurship, Startup Companies and Business Philosophy Fri, 03 Feb 2012 07:09:48 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Cromagnum http://www.businesspundit.com/government-to-pay-homeowners-to-sell-at-a-loss/comment-page-1/#comment-22329 Cromagnum Thu, 11 Mar 2010 22:10:13 +0000 http://www.businesspundit.com/?p=20473#comment-22329 I suspect they are trying to reduce the size of the final powder keg. Banks have until 2012 to clear all bad/toxic loans off thier books. Can you name one Politician who would prefer to not have a large amount of foreclosures in 2012? It might not take a traffic cop to see this speeding drunk car coming down the road, but the fruit vendor sees it. I suspect they are trying to reduce the size of the final powder keg. Banks have until 2012 to clear all bad/toxic loans off thier books.

Can you name one Politician who would prefer to not have a large amount of foreclosures in 2012?
It might not take a traffic cop to see this speeding drunk car coming down the road, but the fruit vendor sees it.

]]> By: Tim Heston http://www.businesspundit.com/government-to-pay-homeowners-to-sell-at-a-loss/comment-page-1/#comment-22312 Tim Heston Wed, 10 Mar 2010 00:29:28 +0000 http://www.businesspundit.com/?p=20473#comment-22312 This is the problem with plans/programs devised by people behind closed doors with very little knowledge about the far reaching implications of knee jerk policy decisions. The law of unintended consequences is relentless in its pursuit of any policy weaknesses, and as sure as the sun rises in the East unintended consequences will play havoc with any and all reactionary policies imho. This is the problem with plans/programs devised by people behind closed doors with very little knowledge about the far reaching implications of knee jerk policy decisions. The law of unintended consequences is relentless in its pursuit of any policy weaknesses, and as sure as the sun rises in the East unintended consequences will play havoc with any and all reactionary policies imho.

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