Comments on: U.S. mortgage giants may getter bigger still http://blogs.reuters.com/breakingviews/2009/12/25/u-s-mortgage-giants-may-getter-bigger-still/ Mon, 26 Sep 2016 03:26:00 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Ghandiolfini http://blogs.reuters.com/breakingviews/2009/12/25/u-s-mortgage-giants-may-getter-bigger-still/comment-page-1/#comment-1463 Wed, 30 Dec 2009 19:41:16 +0000 http://blogs.reuters.com/columns/?p=1972#comment-1463 This is worse than a Charles Manson parole hearing.

Let’s refine this:

W = ½(x cubed kilometers) + 1/3(y cubed kilometers) + 1/6(z cubed kilometers),

Where W = Waste

or cubed = cubits for the Revelators.

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By: Ghandiolfini http://blogs.reuters.com/breakingviews/2009/12/25/u-s-mortgage-giants-may-getter-bigger-still/comment-page-1/#comment-1454 Tue, 29 Dec 2009 16:21:31 +0000 http://blogs.reuters.com/columns/?p=1972#comment-1454 Zok: ‘A getter is a method that gets the value of a specific property. A setter is a method that sets the value of a specific property.’ Maybe Agnus is a go getter and trend setter making things better.

Anyway, this just shows how petty we can gether (sic), no wonder Copenhagen was such a stuff-up. This is most probably more appropriate as a comment under Neil Unmack’s article above, so a bit out of context, but there are no related articles coming up, it is all about money, but we DO need an environment to actually use our homes, albeit paid off or on credit to further feed the mortgage giants. Here is a solution:

y = 3/6(cubic kilometers air emissions) + 2/6(cubic kilometers water emissions) +1/6 (cubic kilometers ground emissions).

If positive, you sit with a carbon debit, as an asset, and with a credit to a non-distributable reserve.

If negative, you sit with a carbon credit, as a liability, and with a debit to a non-distributable reserve.

The hob knobs must just ask all 190 countries to come up with a fuzzy ‘y’ and stick it into a terraflop (sic) computer for simultaneous solving. The result WILL be a net debit as an asset, as everybody will cheat, so then we redo it with optimized solving until we sort it out and start carrying it on governments’ balance sheets as assets or liabilities. Only then can we start trading carbon debits and credits.

Casper the Angry Ghost

Ps: Moderator, how do I change my ‘screen name’, I was in a bad mood on that day.

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By: Zok http://blogs.reuters.com/breakingviews/2009/12/25/u-s-mortgage-giants-may-getter-bigger-still/comment-page-1/#comment-1443 Sat, 26 Dec 2009 06:05:13 +0000 http://blogs.reuters.com/columns/?p=1972#comment-1443 “U.S. mortgage giants may getter bigger still”

Really? Getter?! Even the most basic proof-read would have caught that mistake!

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By: reconstructions http://blogs.reuters.com/breakingviews/2009/12/25/u-s-mortgage-giants-may-getter-bigger-still/comment-page-1/#comment-1440 Sat, 26 Dec 2009 00:57:33 +0000 http://blogs.reuters.com/columns/?p=1972#comment-1440 Our government has failed to understand the fundamentals of housing prices just as private investors did before the present crisis. Housing prices must be supported by salaries. If house prices exceed what can be supported by salaries (as is the case in all the regions with low affordability indexes) then either house prices must fall or imprudent loans must be made to those who can’t afford them. Having tried the former with private money, which has now completely left the mortgage market, our government is trying to prevent the correction in housing from completing its return to fundamentals, which is to say salaries. Loans are being made with 3.5% down, whereas after the Depression as much as 75% was required to offset the magnitude of the risk which this crisis had made apparent. Housing will fall again hard, but only when the government stops funding mortgage welfare through Fanny Freddie.

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