Larry, thank you for admitting what you did. Now go sit in the "little bit off our basics" dunce corner with the monolines, Bear Stearns, all those realtors who "own" 10 houses in Vegas, big Swiss banks who went hog wild on US MBS, the Fed, Citibank, Lehman, Goldman and the rest of the Level Three All Stars, The American Saver, all the bankers who loaned money to people without jobs or income, the guy down the road who fancies himself a builder and is sitting on a half finished spec home that is being sold "as is", and idiot currently thinking real estate has bottomed and the San Antonio Spurs. Don't sit next to Bruce Bowen. He will hurt you.
You know what, we got'a real fu*king problem here in America. It seems the American Dream is still very unattainable for most of todays would be buyers.
This is probably a tangent, but I have to ask...how on earth does the name of a style of wine (Bordeaux-style, grown in the US) get attached to a company with no meaningful connection to wine country (aside from their Brentwood and Temucula locations, neither of which would be my choice for a Meritage, despite Temucula having a couple Meritage association members)?
tj & the bear "Any engineers here want to comment on this? Cold fusion - fact or fantasy"
I wish it were that easy because it would cetainly solve a whole lot of problems, but I'd wager that Meritage Homes has a better chance of being profitable in '08!
tj & the bear wrote:
Any engineers here want to comment on this?
Cold fusion - fact or fantasy
TJ & the bear, I am an engineer. There have been many claims to cold fusion in the past. Several of the claims were valid, but none of them are able to create net positive energy output. This is why many engineers and scientists have looked upon cold fusion with a skeptical eye. It is unlikely to be the silver bullet that solves all our problems.
Personally, I think the future solution is in harnessing electromagnetic energy from the Earth's atmosphere. You can read the papers of Michael Faraday and Nikola Tesla to see the work they've done on it.
I posted on my blog about a recent scientific paper on a new discovery but I'm not sure what kind of repercussions it will have since I do not have the resources to verify the claims. See my blog post here: click
FWIW, as soon as I read the article, I started checking out the price of palladium to see what would happen to it. Right now, half the price of gold - woo hoo.
This being the internet, open up a site touting how this is going to be the boon of the future and that there's only a certain bit of palladium to go around. It can only go up.
What's Larry talking about? Between his salary and stock options he made out like a bandit. Now he can drive this pig into the ground, buy the assets cheap and do it all over again.
I actually heard Dr. Steven Jones comment on cold fusion back in the day, and as one of the more reliable scientists to study it (his notoriety is from a completely unrelated issue), his general feeling was that it was a real phenomenon, but too weak to harness. Pons and Fleishman may or may not have been correct in their discovery, where they went wrong was in overhyping its potential. Well, that, and spending who knows how much in grant money on who knows what, and leaving town virtually in the dead of night.
In short, the science may be real, but ignore the hype. And let's just say that I have my doubts about the whole magnetosphere scheme, even if Faraday and Tesla were behind it. And if anyone starts talking about tapping the zero energy field, it's definitely a scam.
"You know what, we got'a real fu*king problem here in America. It seems the American Dream is still very unattainable for most of todays would be buyers."
Well duuuhhh. Thats why its called the "dream". Its supposed to be something to work hard towards, save towards, and aspire to obtain . Its not supposed to be handed on a silver platter to everyone as soon as they cross the border. But we tried, and look at the consequences.
I think there's almost certainly something to the reports of cold fusion. The anomalous heat in the original Fleischmann & Pons experiment has been replicated a number of times in the intervening 19 years by some very good scientists. I think that eventually we'll understand what causes the effect, but anything commercial is likely to be years away at best/if at all.
Wikipedia's cold fusion article was pretty even handed that last time I checked, in spite being caught up in an ongoing edit war.
If you're somewhat technical and interested, pick up a copy of "Excess Heat" by Beaudette, which covers the subject very well.
Sorry, I been playing alot of online poker and surfing porn lately, but what happened to Misean? Did his $20 silver and SRS bets go bad? Cheers, ethonal 'tini?...
Well now what happened is, one of our base commanders, he had a sort of, well he went a little funny in the head. You know. Just a little... funny. And uh, he went and did a silly thing.
HAL is a pretty good model here, too. That scene's one of the best, imo.
IMHO, cold fussion is the energy source of the future. Clean, Free, and efficient.
But we will never live long enough to see it.
Tesla's findings are promising, but must be rediscovered because patent's
owned and shelved.
Part of the problem is with the name Cold Fusion. It needs to be treated like a new phenomenon and not like something that we already understand. I blame P&F for that...
Still remembering the day the article appeared in the NYT and I told a friend it sounded like BS... only to get sucked into the hopeful storm and going in with the other undergrads to sign out all the Pd from Phys/Chem stores...
From talking to folks in the field there is a sense that there is something there that may be repeatable, but it doesn't have the signatures of standard fusion.
First we have to understand how to replicate the phenomenon, measure its magnitude, and only then is it really worth arguing about how it works. Similarly, there's no reason to claim "It can't work!", when you're necessarily assuming a particular physical process.
I'm not holding my breath, but bear in mind that there are crabs that use sono-luminescence to stun their prey... and that IS a causing fusion and IS generating neutrons so I won't be surprised if it's something weird going on.
Almost On Topic-
Builders just started foundations for another 500k sqft office building next to work in Santa Clara. I guess they're tired of speculating on land values, and want to speculate on commercial rents instead. Have to say that job offers are still easy and plentiful here in Silicon Valley.
the cold fusion reaction is real and has been verified
problem is WITH PRESENT TECHNOLOGY, the heat generated is small and would require a process on a truly grand scale to be worth while.
homedad43
yeah palladium is used as a catalyst for the cold fusion process...
but palladium is also valuable to an alternative energy process
palladium when rolled into a foil is the only element that can filter hydrogen...screening behind all other gases. also palladium is a hydrogen sponge!!!
who can remember when Rhodium, 5 short years ago was $300s an ounce
now 9000 plus!
(war time applications) just think if you knew ahead of time that Bush had his mind made up to go to war in iraq...you could have made quite the precious metals play.
I remember reading about a man who was talking to his therapist.
He asked his therapist:
"what do you call it when you are unhappy with the things you own. When the things you have, no longer have any meaning to you. When you long for something something more?"
I'm dubious. But as an run of the mill engineer it's completely outside of my area. You'd need a physicist with training in a particular area of quantum mechanics to get wif of an answer.
There is however a real effect called muon based fusion. A muon is basically a 'heavy electron' They can catalyze fusion because they allow deuterium nuclei to get close enough to fuse without high temperatures.
However Muon's decay rapidly and have to be created with a particle accelerator. Consensus seems that you can't get break even because manufacture of muon's very inefficient.
More fun. One isotope of Tantalum has an nucleolus that is bistable. About 1:6000 atoms has a nuclei with a much higher energy state than usual. If you could figure out how to trigger the nuclei to switch states, potentially you'd have a huge source of power available. And since the power comes from the nuclei switching internal states power there is no radio active waste to worry about.
Cept no ones been able to figure out how to make the nuclei switch states without tossing something like a hard gamma ray at it. And separating the hot Tantalum would be very very hard.
If you could make either muon based fusion, of sub nuclear power work, well lets just say I've got your Buck Rogers space ship right here.
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Cold Fusion is possible. The only problem is, it's as attainable and reasonable as wireless transporation of energy, teleportation, orreconstruction of atomic structures.
Yes, all can be done... it's too bad it'll take the energy of the universe to make it work. The only feasable way is to capture the domino effect of atomic potential. But then, we can't control or contain it...we just blow up and we all die.
I think we may be able to predict the future before we can harness the power of nuclear fusion. If we can capture all variables of the universe, we should be able to do that. We should be able to do that a billion years from now according to moore's law.
This is why many engineers and scientists have looked upon cold fusion with a skeptical eye. It is unlikely to be the silver bullet that solves all our problems
Something skeevy went on with the scientific community wrt Cold Fusion claims.
CalTech's David Goodstein attempts to sketch out his feelings on this in this essay.
Listen, if that experiment is doing what's claimed, then some people got some 'splaining to do.
The idea that ZrO2-Pd somehow magically allows the D nuclei to get close enough to fuse is pretty unlikely. I want to say ludicrous, but I'm trying to be "even-handed". It's something like saying they managed to blast a ping pong ball through a 12 foot thick granite wall, using a bat made of fluffy bunnies.
I like this quote: "But the method Arata showed was "highly reproducible," according to eye witnesses of the event."
Yeah, that shows how skeptical the witnesses are. They don't want to be identified by name.
You want an executive summary, from someone with a physics background (i.e. me)? It's very very likely fiction. If you're going to bet on it make sure your odds are long enough to make you very rich. But the likely scenario is Dr. Arata is going to join the Pons and Fleischman Hall of Shame.
Last week I posted this article on pulsed fusion reactions. I'm hoping a nuclear engineer could evaluate the possibility of generating energy using it. To a non-physicist it seems to suggest that "plasma bottle" may not be necessary to have a controled fusion reaction.
ResCap Says It Plans Asset Sales to Bridge $1.4 Billion Gap
By Emma Moody
June 3 (Bloomberg) -- Residential Capital LLC, the distressed mortgage-finance company, said parent GMAC LLC and private-equity firm Cerberus Capital Management LP agreed to buy some assets to help it fill a $1.4 billion funding gap.
GMAC agreed to buy the ResCap's resort-finance business and Cerberus agreed to buy some assets for about $475 million, according to a regulatory filing today.
I'd bet that fakey-sounding moniker is of the names concocted by PR/marketing folks by the many hundreds over the last 10 years, involving simple combinations of unrelated words possessing positive qualities. My hunch is it's a combination of Merit and Heritage. The alternative reference to a specific wine is simply a bonus.
"We believe Congress should jump-start demand for new homes with an initiative that will bring buyers off the sidelines and into the market, and thereby stop the downward spiral of home prices," said Robert I. Toll, chairman and chief executive, in a statement. "Once home prices stabilize, Congress could then more successfully address mortgage issues; however, without stabilization of home prices, trying to address mortgage issues may be difficult at best."
A little here.. A little there... Isnt that what they say? We're full of little men.
Human nature.
Anytime someone talks about us somehow being smarter than {name any time in the past} just remind them that human nature never changes.
Larry, thank you for admitting what you did. Now go sit in the "little bit off our basics" dunce corner with the monolines, Bear Stearns, all those realtors who "own" 10 houses in Vegas, big Swiss banks who went hog wild on US MBS, the Fed, Citibank, Lehman, Goldman and the rest of the Level Three All Stars, The American Saver, all the bankers who loaned money to people without jobs or income, the guy down the road who fancies himself a builder and is sitting on a half finished spec home that is being sold "as is", and idiot currently thinking real estate has bottomed and the San Antonio Spurs. Don't sit next to Bruce Bowen. He will hurt you.
Greed, for lack of a better term, is good.
Can't do it half-ass then do it the best you can is what my old man always told me.
It's not so easy being less rich
"We've always said we were a congress and not corporate puppets. We probably got a little bit off our basics because we were being a little greedy."
You know what, we got'a real fu*king problem here in America. It seems the American Dream is still very unattainable for most of todays would be buyers.
And this guy wants to bring up "greed"?
Classic
Any engineers here want to comment on this?
Cold fusion - fact or fantasy
A builder in Irvine, CA, "California Pacific Homes" seems to still be building....
This is probably a tangent, but I have to ask...how on earth does the name of a style of wine (Bordeaux-style, grown in the US) get attached to a company with no meaningful connection to wine country (aside from their Brentwood and Temucula locations, neither of which would be my choice for a Meritage, despite Temucula having a couple Meritage association members)?
Any engineers here want to comment on this?
Cold fusion - fact or fantasy
Ruh roh.
Time to dump all those oil futures and energy stocks.
"A little greedy?"
That made me LMAO.
Thanks CR
London Times
Office of Fair Trading raids bank offices as part of price-fixing inquiry
Office of Fair Trading raids bank offices as part of price-fixing inquiry - Times Online
Telegraph
Offices of RBS and Barclays raided in OFT investigation
Offices of RBS and Barclays raided in OFT investigation - Telegraph
tj & the bear "Any engineers here want to comment on this? Cold fusion - fact or fantasy"
I wish it were that easy because it would cetainly solve a whole lot of problems, but I'd wager that Meritage Homes has a better chance of being profitable in '08!
tj & the bear wrote:
Any engineers here want to comment on this?
Cold fusion - fact or fantasy
TJ & the bear, I am an engineer. There have been many claims to cold fusion in the past. Several of the claims were valid, but none of them are able to create net positive energy output. This is why many engineers and scientists have looked upon cold fusion with a skeptical eye. It is unlikely to be the silver bullet that solves all our problems.
Personally, I think the future solution is in harnessing electromagnetic energy from the Earth's atmosphere. You can read the papers of Michael Faraday and Nikola Tesla to see the work they've done on it.
I posted on my blog about a recent scientific paper on a new discovery but I'm not sure what kind of repercussions it will have since I do not have the resources to verify the claims. See my blog post here:
click
ac:
FWIW, as soon as I read the article, I started checking out the price of palladium to see what would happen to it. Right now, half the price of gold - woo hoo.
This being the internet, open up a site touting how this is going to be the boon of the future and that there's only a certain bit of palladium to go around. It can only go up.
Kind of like what they did with houses.
Be the first on your block - palladium dealer.
Any engineers here want to comment on this?
Cold fusion - fact or fantasy
Fantasy.
What's Larry talking about? Between his salary and stock options he made out like a bandit. Now he can drive this pig into the ground, buy the assets cheap and do it all over again.
Thread music: Little Boxes (Weeds Theme Song)
YouTube
- Broadcast Yourself.
I actually heard Dr. Steven Jones comment on cold fusion back in the day, and as one of the more reliable scientists to study it (his notoriety is from a completely unrelated issue), his general feeling was that it was a real phenomenon, but too weak to harness. Pons and Fleishman may or may not have been correct in their discovery, where they went wrong was in overhyping its potential. Well, that, and spending who knows how much in grant money on who knows what, and leaving town virtually in the dead of night.
In short, the science may be real, but ignore the hype. And let's just say that I have my doubts about the whole magnetosphere scheme, even if Faraday and Tesla were behind it. And if anyone starts talking about tapping the zero energy field, it's definitely a scam.
As the boy who tells his girlfriend: "I will only stick the tip, a little"
"...we probably got a little greedy...",Seay
"steal a little and they'll throw you in jail
steal a lot and they'll make you a king"
Dylan
.
Home Builder Quote of the Day
BTW, runner up was:
"You give me money. I build you home."
Go Red Wings!!
Land kills HBs. It is their page boy addiction. Any HB with a bunch of land is dead (well almost all except Engle Homes.).
"You know what, we got'a real fu*king problem here in America. It seems the American Dream is still very unattainable for most of todays would be buyers."
Well duuuhhh. Thats why its called the "dream". Its supposed to be something to work hard towards, save towards, and aspire to obtain . Its not supposed to be handed on a silver platter to everyone as soon as they cross the border. But we tried, and look at the consequences.
tj -
I think there's almost certainly something to the reports of cold fusion. The anomalous heat in the original Fleischmann & Pons experiment has been replicated a number of times in the intervening 19 years by some very good scientists. I think that eventually we'll understand what causes the effect, but anything commercial is likely to be years away at best/if at all.
Wikipedia's cold fusion article was pretty even handed that last time I checked, in spite being caught up in an ongoing edit war.
If you're somewhat technical and interested, pick up a copy of "Excess Heat" by Beaudette, which covers the subject very well.
Sorry, I been playing alot of online poker and surfing porn lately, but what happened to Misean? Did his $20 silver and SRS bets go bad? Cheers, ethonal 'tini?...
12th percentile could not have put it any better......
What's with the Spurs though??
Ciao
MS
President Muffley:
HAL is a pretty good model here, too. That scene's one of the best, imo.
Spurs hurt in a not so good way when in the throws of passion with a TX woman who is divorced with fake boobs and spunk.
IMHO, cold fussion is the energy source of the future. Clean, Free, and efficient.
But we will never live long enough to see it.
Tesla's findings are promising, but must be rediscovered because patent's
owned and shelved.
tj- OT
Part of the problem is with the name Cold Fusion. It needs to be treated like a new phenomenon and not like something that we already understand. I blame P&F for that...
Still remembering the day the article appeared in the NYT and I told a friend it sounded like BS... only to get sucked into the hopeful storm and going in with the other undergrads to sign out all the Pd from Phys/Chem stores...
From talking to folks in the field there is a sense that there is something there that may be repeatable, but it doesn't have the signatures of standard fusion.
First we have to understand how to replicate the phenomenon, measure its magnitude, and only then is it really worth arguing about how it works. Similarly, there's no reason to claim "It can't work!", when you're necessarily assuming a particular physical process.
I'm not holding my breath, but bear in mind that there are crabs that use sono-luminescence to stun their prey... and that IS a causing fusion and IS generating neutrons so I won't be surprised if it's something weird going on.
Almost On Topic-
Builders just started foundations for another 500k sqft office building next to work in Santa Clara. I guess they're tired of speculating on land values, and want to speculate on commercial rents instead. Have to say that job offers are still easy and plentiful here in Silicon Valley.
cold fusion
Google thorium power
I own a few thousand shares as a
diceroll.
thpw: this company turns nuclear warheads into reactor fuel.
tj & the bear
the cold fusion reaction is real and has been verified
problem is WITH PRESENT TECHNOLOGY, the heat generated is small and would require a process on a truly grand scale to be worth while.
homedad43
yeah palladium is used as a catalyst for the cold fusion process...
but palladium is also valuable to an alternative energy process
palladium when rolled into a foil is the only element that can filter hydrogen...screening behind all other gases. also palladium is a hydrogen sponge!!!
ie hydrogen economy.
yes i have "speculated"
Cold fusion sounds alot like my wife and me on winter holiday. Hide your eyes...
ok go ahead, laugh about palladium,
but
who can remember when Rhodium, 5 short years ago was $300s an ounce
now 9000 plus!
(war time applications) just think if you knew ahead of time that Bush had his mind made up to go to war in iraq...you could have made quite the precious metals play.
but then again who knew...(snark)
elvis
the go ahead and laugh snark was not directed your way...
posts passed each other
yeah i know what you mean..my wife and i have been experimenting with cold fusion for years...
Mock,
I've been watching Palladium. She is stacked and undervalued for a lap dance.
Cold fusion - fact or fantasy
Neither... it's the next speculative BUBBLE!!.
BWAHAHAHA
I remember reading about a man who was talking to his therapist.
He asked his therapist:
"what do you call it when you are unhappy with the things you own. When the things you have, no longer have any meaning to you. When you long for something something more?"
The therapist answered.
You call that greed.
elvis
palladium sings like the sirens on the coast of lesbos
be ware!
Derivatives GURU talks about "The End of the Beginning Developments in the Credit Crisis"
404 - Error: 404
Cold fusion - fact or fantasy
I'm dubious. But as an run of the mill engineer it's completely outside of my area. You'd need a physicist with training in a particular area of quantum mechanics to get wif of an answer.
There is however a real effect called muon based fusion. A muon is basically a 'heavy electron' They can catalyze fusion because they allow deuterium nuclei to get close enough to fuse without high temperatures.
However Muon's decay rapidly and have to be created with a particle accelerator. Consensus seems that you can't get break even because manufacture of muon's very inefficient.
More fun. One isotope of Tantalum has an nucleolus that is bistable. About 1:6000 atoms has a nuclei with a much higher energy state than usual. If you could figure out how to trigger the nuclei to switch states, potentially you'd have a huge source of power available. And since the power comes from the nuclei switching internal states power there is no radio active waste to worry about.
Cept no ones been able to figure out how to make the nuclei switch states without tossing something like a hard gamma ray at it. And separating the hot Tantalum would be very very hard.
If you could make either muon based fusion, of sub nuclear power work, well lets just say I've got your Buck Rogers space ship right here.
Ditto what mock said. Elvis, don't OD by mixing equal parts CR and Mish, d00d.
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Calculated Risk
Note: It is not my intention to embarrass Mr. Kudlow, rather to simply show why his analysis was wrong (typical of many back in 2005) - and why the "housing bears" were correct.
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Calculated Risk: IMF: Mortgage Reset Chart
Click on graph for larger image. This chart from Credit Suisse via the IMF shows the heavy subprime resets in 2008, plus it shows the reset problems with Alt-A and Option ARM loans ...
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Really? You guys read Vanity Fair?
Misnomer. There is no fusion and its not cold. Its just an unknown chemical reaction...and those are as common as dirt.
Cold Fusion is possible. The only problem is, it's as attainable and reasonable as wireless transporation of energy, teleportation, orreconstruction of atomic structures.
Yes, all can be done... it's too bad it'll take the energy of the universe to make it work. The only feasable way is to capture the domino effect of atomic potential. But then, we can't control or contain it...we just blow up and we all die.
I think we may be able to predict the future before we can harness the power of nuclear fusion. If we can capture all variables of the universe, we should be able to do that. We should be able to do that a billion years from now according to moore's law.
sorry I hate writing...no details or calculation...but home prices will go through the roof!
My IQ is 201...my balls are also heavy. You don't have to believe me
I blew the curve. LOL.
This is why many engineers and scientists have looked upon cold fusion with a skeptical eye. It is unlikely to be the silver bullet that solves all our problems
Something skeevy went on with the scientific community wrt Cold Fusion claims.
CalTech's David Goodstein attempts to sketch out his feelings on this in this essay.
That's a good essay.
Cold fusion again, eh?
Listen, if that experiment is doing what's claimed, then some people got some 'splaining to do.
The idea that ZrO2-Pd somehow magically allows the D nuclei to get close enough to fuse is pretty unlikely. I want to say ludicrous, but I'm trying to be "even-handed". It's something like saying they managed to blast a ping pong ball through a 12 foot thick granite wall, using a bat made of fluffy bunnies.
I like this quote: "But the method Arata showed was "highly reproducible," according to eye witnesses of the event."
Yeah, that shows how skeptical the witnesses are. They don't want to be identified by name.
You want an executive summary, from someone with a physics background (i.e. me)? It's very very likely fiction. If you're going to bet on it make sure your odds are long enough to make you very rich. But the likely scenario is Dr. Arata is going to join the Pons and Fleischman Hall of Shame.
Anonymous | 06.03.08 - 1:26 am |
Really? You guys read Vanity Fair?
I read the UK Daily mail.
Well at least I was reminded to read it after seeing the Vanity Fair reference.
I attribute the daily mail to my knowledge of Wine-somebody who won an Grammy/Academy/Pulitzer.
OK maybe not a Pulitzer.
regards sbarrkum
OK,
Maybe I shouldnt have readthe UK daily Mail first thing today.
But why does all this flaky shit happen in Utah/?
Last week I posted this article on pulsed fusion reactions. I'm hoping a nuclear engineer could evaluate the possibility of generating energy using it. To a non-physicist it seems to suggest that "plasma bottle" may not be necessary to have a controled fusion reaction.
Closer Toward High-yield Fusion Reactor: Revolutionary Circuit Fires Thousands Of Times Without Flaw
ResCap Gets GMAC, Cerberus Funding to Avoid Default (Update3) - Bloomberg.com
ResCap Says It Plans Asset Sales to Bridge $1.4 Billion Gap
By Emma Moody
June 3 (Bloomberg) -- Residential Capital LLC, the distressed mortgage-finance company, said parent GMAC LLC and private-equity firm Cerberus Capital Management LP agreed to buy some assets to help it fill a $1.4 billion funding gap.
GMAC agreed to buy the ResCap's resort-finance business and Cerberus agreed to buy some assets for about $475 million, according to a regulatory filing today.
Our sun has powered our planet since life first appeared on it. It bombards us with way more energy everyday than we could ever use in a lifetime.
Why not take a hint from nature and follow suit?
Seems obvious that we quite ready for the atomic solutions.
Anonymous | 06.03.08 - 1:26 am |
Really? You guys read Vanity Fair?
Nope , but The Economist.
Although i have to say there right wing pimping sometimes gets annoying.....
Tom: re the Meritage name...
I'd bet that fakey-sounding moniker is of the names concocted by PR/marketing folks by the many hundreds over the last 10 years, involving simple combinations of unrelated words possessing positive qualities. My hunch is it's a combination of Merit and Heritage. The alternative reference to a specific wine is simply a bonus.
should have written "...is one of the names..."
another quote for the ages:
"We believe Congress should jump-start demand for new homes with an initiative that will bring buyers off the sidelines and into the market, and thereby stop the downward spiral of home prices," said Robert I. Toll, chairman and chief executive, in a statement. "Once home prices stabilize, Congress could then more successfully address mortgage issues; however, without stabilization of home prices, trying to address mortgage issues may be difficult at best."
Ron:
May Congress should start to create new buyers??
)
I say clone billionaires!!!!
if that experiment is doing what's claimed, then some people got some 'splaining to do.
That's part of the hubris that Goodstein was trying to get at, above.