This is a false assumption, It is going to take real estate 10 years to recover, we have another 15% down easy. Overpriced, overbuilt.
http://www.oftwominds.com/blogsept08/mark-to-maturity9-08.html?ref=patrick.netPaulson wants to buy these things at above market price (nice of him) with our money
Think about it, if they were a great value and you just had to sit on it a while to make a large profit, Buffet would be buying, Paulson would be buying with his money. By the way, the sentiment won't change until the wall streeters stop taking their multi-million sign on packages, which isn't happening yet. It will be painful, but these greedy stupid people need to take their lumps, thats how the free market works. If we bail these guys out, what incentive do they have to act responsibly in the future, none.
>Listening to Suzie Orman is interesting. She is saying everything is cheap cheap cheap, so people should buy buy buy (just like the government is doing). According to her, the govt is buying so cheap it is an investment not a bailout (which could prove true if the same thing happens that happened after the war and the govt makes money on the deal).
'If the people lead, the leaders will follow'
'War does not determine who is RIGHT, just who is LEFT'